Royal bank of canada | Accounting homework help

 

Case Study: Royal Bank of Canada in Thailand

This case analyzes the problems facing a bank in a foreign country and the reasons for deciding to stay or to close its operation. Royal Bank of Canada is the bank involved in this real life situation.
After closing its representative office in Thailand in the 1980’s Royal Bank of Canada reentered the country in 1997. “Now” Royal Bank of Canada needs to decide if it feels confortable enough with the decisions made by the government of Thailand and the IMF, and the future outlook to stay in the country or if on the other hand, it
should cut its losses and focus its efforts elsewhere.

Your assignment is to:

1. Demonstrate a through understanding of the case by describing in great detail all aspects of the case
2. Prepare a detail recommendation for senior management recommending to stay in the country or to leave the country
3. Write a brief summary of major insights that you have gained and lessons
learned from the case

In your presentation you must be sure to provide answers for all these questions or issues:

1. What were RBC’s ultimate goals in opening a representative office in Thailand?
2. How large is the initial staff for the office and what is the estimated pretax
profit?
3. What are RBC’s four major business lines in its Asia Pacific network?
4. What are the limitations of BIBF licenses?
5. What are the advantages of the possible upgrading of RBC’s operations in Thailand to a branch status?
6. What are Thailand’s most important exports?
7. What is the “current” (1997) situation in Thailand?
8. What are the highlights of the IMF’s bailout of Thailand?
9. As RBC’s representative in Thailand you need to prepare a detailed recommendation for senior management to either:

a. Stay in the country and “weather the storm”, which perhaps means to take losses for an extended period of time

b. Cut your losses now and have the bank focus on its efforts elsewhere, which means forgetting about getting back in the country in the foreseeable future

University Writings
Calculate your paper price
Pages (550 words)
Approximate price: -

Why Work with Us

Top Quality and Well-Researched Papers

We always make sure that writers follow all your instructions precisely. You can choose your academic level: high school, college/university or professional, and we will assign a writer who has a respective degree.

Professional and Experienced Academic Writers

We have a team of professional writers with experience in academic and business writing. Many are native speakers and able to perform any task for which you need help.

Free Unlimited Revisions

If you think we missed something, send your order for a free revision. You have 10 days to submit the order for review after you have received the final document. You can do this yourself after logging into your personal account or by contacting our support.

Prompt Delivery and 100% Money-Back-Guarantee

All papers are always delivered on time. In case we need more time to master your paper, we may contact you regarding the deadline extension. In case you cannot provide us with more time, a 100% refund is guaranteed.

Original & Confidential

We use several writing tools checks to ensure that all documents you receive are free from plagiarism. Our editors carefully review all quotations in the text. We also promise maximum confidentiality in all of our services.

24/7 Customer Support

Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.

Try it now!

Calculate the price of your order

Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

No need to work on your paper at night. Sleep tight, we will cover your back. We offer all kinds of writing services.

Essays

Essay Writing Service

No matter what kind of academic paper you need and how urgent you need it, you are welcome to choose your academic level and the type of your paper at an affordable price. We take care of all your paper needs and give a 24/7 customer care support system.

Admissions

Admission Essays & Business Writing Help

An admission essay is an essay or other written statement by a candidate, often a potential student enrolling in a college, university, or graduate school. You can be rest assurred that through our service we will write the best admission essay for you.

Reviews

Editing Support

Our academic writers and editors make the necessary changes to your paper so that it is polished. We also format your document by correctly quoting the sources and creating reference lists in the formats APA, Harvard, MLA, Chicago / Turabian.

Reviews

Revision Support

If you think your paper could be improved, you can request a review. In this case, your paper will be checked by the writer or assigned to an editor. You can use this option as many times as you see fit. This is free because we want you to be completely satisfied with the service offered.