Clever Vutete

War in the Banking Sector Clever Vutete

The Zimbabwean banking sector experienced new entrance by indigenous owned commercial banks. The World Bank had hinted on the over-banking and over capacity in the banking industry. Survival and competition of banks is important for guaranteeing a health economy and customer satisfaction. Strategies used by new banks to enter the market and those used by existing banks to defend their territories were analyzed. Therefore, the book uses military strategies to analyze the nature of competition in the banking sector.