logo

Business Model Canvas Assesment

   

Added on  2022-08-12

19 Pages1957 Words25 Views
Running head: BUSINESS MODEL CANVAS
A Business Model Canvas of Bank Albilad
Name of the student:
Name of the university:
Author note:

1BUSINESS MODEL CANVAS
Table of Contents
A Business Model Canvas...............................................................................................................2
References......................................................................................................................................17

2BUSINESS MODEL CANVAS
A Business Model Canvas
Business Name: Bank Albilad
Key Partners
Albilad has a
partnership
with the
Ministry of
Housing and
REDF. This
partnership
helps Albilad
design and
offer many
loan products.
These loan
products are
Moajaal,
Madooum and
AlMuyassar.
With the help
of its business
partners,
Key Activities
1. Albilad
does
‘Corporat
e
Banking’
to focus
more on
corporates
, public
sector and
institution
al
markets.
Albilad
offers
many
products
and
services
Value Proposition
Albilad offers a
wide range of
services to its
business clients and
the common
people. Besides,
there are good
perks and benefits
available to
employees. Albilad
does many CSR
related activities.
This includes
pilgrim services,
which helps it
deliver values to its
Muslim customers.
Albilad also has a
sign language
Customer
Relationships
Albilad has
received awards
and recognitions
for best
performing
Islamic Bank as
well as the
strongest Islamic
retail Bank
(Bankalbilad.com
2020). It shows
their capability to
integrate
practices with a
specific culture.
However, it
should go further
in search of new
Customer
Segments
Customer
segments for
Albilad can be
divided into
two
categories,
retail and
wholesale. It
offers retail
services to
common
people. The
wholesale
banking is for
a bulk
business to be
done with the
corporate

3BUSINESS MODEL CANVAS
Albilad has
introduced
many Shariah-
compliant
products and
services.
These
products and
services are
Ijara and
Supply Chain
Finance
(Bankalbilad.c
om 2020).
Shariah-
compliant
services and
products will
be considered
a great
initiative
considering
the demand
to its
clients.
Additiona
lly, it also
targets
several
other
markets
like
treasury,
transactio
ns, trade,
and debt
capital
markets.
Albilad
also
assists in
deal
execution.
2. Business
banking
also
banking dictionary
to help physically
challenged people
to do banking on
their own. The
organization
provides significant
supports to cancer
patients.
Environmental
awareness and
cleaning activities
are running under
their name. They
do traffic
awareness
campaigns to
educate people on
how to cross the
road as well as to
drivers on how to
avoid a potential
auto crash. Albilad
opportunities that
have not been
touched yet. In
the era of
globalization,
Albilad should
not be limited
just to serving its
Muslim
customers but the
people of the
whole world. It
should have a
retail presence in
other parts of the
world as well as
developing
nations. There
will be problems
like how to set up
a facility at a
global location,
which entry mode
companies. In
the retail
segment, the
banking
products and
services are all
the same as
offered in
other major
banks. Albilad
should try and
be
distinctively
different from
its rival banks.
It can do this
by serving its
retail
customers in
unique ways.
One of the
suggestions
would be to

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Contribution of NCB in Saudi Arabia Development
|14
|2572
|89

International Business : Al Rajhi Banking & Investment Corporation
|6
|1457
|20

FinTech and its Importance
|14
|836
|56

Challenges and Recommendations for Global Logistics and Transport in Panda Retail Company
|11
|3287
|37

Smart-connected Products and its Opportunities and Threats to Commonwealth Bank
|9
|954
|70

BUSI 4261 Entrepreneurship Business Model Template
|2
|500
|14