Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Management Expert

In 1995, in Sanya City, China, the Rural Credit Union raised interest rates from 9.2% to 10.8% on one-year savings accounts, hoping to attract new deposits to the bank. Instead of attracting deposits, however, the change provoked its principal competitor, the Hainan Development Bank, to increase deposit rates as well. As a result, capital costs increased at both banks, without a corresponding increase in deposits, and profits declined.

Advocate as to whether you believe the government should step in here, or not? What could the government do to improve the outcome, or make matters worse?

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M92490414
  • Price:- $10

Priced at Now at $10, Verified Solution

Have any Question?


Related Questions in Business Management

Give an example of a merger or acquisition where technology

Give an example of a merger or acquisition where technology contributed to its failure to produce desired outcomes. What reasons caused the failure? What actions might have helped ensure success?

Several years ago53 of parents who had children in grades

Several years? ago,53?% of parents who had children in grades? K-12 were satisfied with the quality of education the students receive. A recent poll asked 1,025 parents who have children in grades? K-12 if they were sati ...

What are the differences between consumers of soda cola and

What are the differences between consumers of soda cola and those of smartphones

Which of the listed qualities of leaders and managers did

Which of the listed qualities of leaders and managers did the nurse manager display? Which behaviors? Which ones did the nurse manager not display?

Why does honeywell spend so much time dealing with

Why does Honeywell spend so much time dealing with supply-chain management issues? Wouldn't the company be better off focusing on its own manufacturing operations? Explain your answer.

Make a function first-char that consumes a nonempty string

Make a function first-char that consumes a nonempty string and produces a string consisting of the first character in the original string. Do not use string-ref.

What are your thoughts on grant writing and grant money

What are your thoughts on grant writing and grant money toward purchase? How essential is this practice when looking at gaining money toward purchases?

Mcnealy entered into a contract with wagner to pay 250000

McNealy entered into a contract with Wagner to pay $250,000 as a lump sum for all timber present in a given area that Wagner would remove for McNealy. The contract estimated that the volume in the area would be 790,000 b ...

A homeless veteran named johnny bobbitt who spend his last

A homeless veteran named Johnny Bobbitt, who spend his last 20 dollars for a tank of gas so that Kate McClure could get. She started a campaign account set up by her and her boyfriend for Mr. Bobbitt. It went viral and h ...

Discuss the principle components of an effective and

Discuss the principle components of an effective and compelling vision. Then present the vision for your current/previous organization, detailing how you would improve upon that vision to ensure that it conforms to your ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As