It is important for any bank to be certain about what strategy they are following. When banks took upon the Core Banking implementation challenge, what was actually targeted? Was it 100% branches coverage or effective managerial control over the banking assets and liabilities or MIS or merely regulatory compliance and in the process harnessing residual benefits? Was it “Automate” strategy or simple “mechanisation”?
The purpose of this presentation is to analyse New Zealand’s recovery from the recession to date, and to indicate how it might proceed. The crisis struck across almost all countries and almost all sectors. Like a virulent virus it transmitted speedily from one market to another. Some of these markets produced their own antibodies very quickly, while others sustained prolonged damage.