The business plan of the Bank: opening plan and development calculations

The Financial sector different from other fields, and there to succeed, you must have a certain knowledge. But that is not enough to create a business plan of the Bank and its successful implementation. To start his own lending institution, you will need sufficient funds for investments. However, nothing is impossible and if you set a goal, you can achieve. Commercial Bank – the implemented project, but they should be people with experience in this field. The financial area is one of the most promising and profitable. It should be noted that at present there are a huge number of budget institutions, so the competition in this segment is pretty tough.

Initial preparation

According to statistics, the financing of the business project of a commercial Bank is considered one of the best. You should find an appropriate location, make a proper structure, to calculate in advance all costs. In other words, to make a competent business plan open a Bank.

Before you do the project, you must analyze the market condition in your area. Marketing research – an integral part of any business. Perhaps at the required site, there are many credit agencies, then your business might be unprofitable. In this case, you should come up with a specialization that would distinguish your Bank from the others. Of course, this would be quite difficult, but if you succeed, then the result will not keep itself waiting long. In recent time banking is just developing, and the state provides this business a pretty strong support.

Direction Selection

The Business plan of commercial Bank should be based on your activities. The current practice shows that large credit organizations are engaged in several directions, and they are doing great. Here we are talking about the giants of the business: "Sberbank", "VTB 24", etc. New credit institution must be different from the rest by specializing in one thing.

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So, small and medium-sized banks choose the direction, such as the issuance of low-interest loans, and advance the offer in the market. You can focus on serving corporate clients, legal entities, small businesses, etc – the quality of the work, because the client selects among a huge number of different organizations, and he served you, you need to work at the highest level.

The Business plan of the Bank should be carefully designed and contain the directions of development in order of priority. This will greatly facilitate further work.

The Outlook

In the previous issue was the need for the selection of priority areas of work. Not to be mistaken at this stage, you need to carefully analyze the marketing environment, to make a forecast for the next five years and to reach strategic goals. As an example, the business plan of the Bank can lead the direction of analysis of the prospects:

• Study of the legislative framework and macroeconomics;
• Study your competitors and their interaction with the external environment;
• Market development
• Sales forecast;
• The formation of the client base.

You Need to understand that at a particular point is of most interest to the public: deposits, loans, the need to open branches, the ability to make any transactions through the mobile app and the computer. And starting from popular items, to find potential customers, contact them, offer your services, to guarantee privileges.

The Importance of strategic planning

Without marketing research to conquer this area is not worth it. Remember: all further decisions are grounded on the results of the analysis! Once you decide on a priority, you need to write a business development plan of the Bank for the next 3-5 years. It needs to contain, including objectives and strategic goals.

This part of the work should not be underestimated, only after a while every entrepreneur would understand the incredible importance of this step. Usually there are the following targets:

• Gain the confidence of the client service at the highest level;
• The gradual expansion of its activities, improvement of existing products;
• Attraction of new investments;
• Reduction of risk situations;
• Creating a career ladder for employees, increase of motivation to find qualified personnel.

Structure of the credit institution

The Financial sector suggests the presence of several types of structures, the choice of which depends on the direction of your activities. With this, you need to decide before the opening of the organization. There are five different types:

• Central, which is a state Bank;
• Commercial, whose main objective is profit;
• Versatile, able to provide a large number of different services;
• Investment operating when working with attachments;
• Savings which deals with deposits and cash preservation.

Specialization of the Bank is also selected separately. Incurrently distributed mainly credit institutions of the market type. Their peculiarity consists in the fact that the assets are securities, and liabilities – equity.

Services provided by the Bank

Range of products and services that the credit institution provides the customers completely depends on the chosen specialization. The business plan of the Bank branch should have a clearly defined statement on the provided services. It is necessary to highlight the most popular and preferred types of financial assistance:

• Brokerage transactions on the foreign exchange and stock markets;
• Working with deposits, deposits;
• Release and service of plastic cards (in addition to the favorable conditions should consider the creation of an interesting design);
• The granting of loans and credits;
• Opening and maintaining Bank accounts;
• The implementation of cash services.

Despite the fact that now everything is moving to online services, there are still many people who prefer to solve all the issues firsthand, in the office. Therefore, this fact should be considered when creating a business plan of the Bank.

License

To access your lending institution, you must obtain permission and issue a license. But first is to register a ZAO (closed joint stock company) and be on the account in tax Department. There you will be able to obtain the identification number of the organization. The business plan of the Bank with the calculation should include this expenditure as will have to pay some state fees, as well as make several other payments.

Among the main permissions that you want to allocate:

• The license of the Central Bank of the Russian Federation;
• The document confirming the fact of registration in RGP (Russian state assay chamber);
• Resolution of the customs Committee.

The Management and staff of the credit organization

It is Worth noting that the Bank as a credit institution may operate only as joint stock companies. Accordingly, the organization is governed by the shareholders ' Meeting. It is usually no more than 1-2 times a year, and during the meeting discussed all relevant issues. For example, the strategy of development of the credit institution in the next 12 months, taking necessary management decisions.

The Current activity of the Bank control of the Board of Directors, the Executive power is vested in the Board of the Bank. It is the latest authority report directly to all other structural units. The personnel is formed on the basis of standard requirements to the Bank officer.

What are the structural units?

In most cases, we are talking about branches of the credit organizations in which customers can use all services of the Bank. First you need to open at least one office, so that people know where to go in case of any questions.

Imagine the example of a business plan a Bank branch. Usually it contains the following sections: cash, foreign exchange and Deposit operations, economic and accounting, securities lending etc.

In Addition to the basic can be arrange and additional, which will support, for example, the security service, legal Department, etc. Before hiring a new employee, be sure an inspection is carried out by the Directorate of security to identify any violations. If a person passes, has the necessary knowledge and skills, he becomes part of the system of the Bank.

In addition, each credit institution operates with the internal control Department, which reports to the Board of Directors. Her responsibilities include:

• Checks the work of employees for compliance with all relevant regulations and standards;
• Requirement documents;
• Attract employees from other units.

Example of a business plan Bank

Each year, experts in marketing explore various areas of the business, estimate income, expenses, etc. so, to open a small credit institution will require investment of at least 100 million rubles.

Lead article sample business plan for a Bank is quite difficult, as it is a package of several documents. But to describe the main costs quite a force. Most of the investments by far will be spent on office rent, repair, recruitment, preparation of necessary documents and obtaining all licenses and permits. If you want to open a big Bank that will be able to provide a wide range of services that would require much more investment.

Then for the returns, here time on time is not necessary. Of course, in the Bank's business plan should reflect this, but to predict them accurately can be challenging. The average payback period ranges from 5 to 10 years.

Risks

Developing a business plan of the Bank, it is necessary to consider all aspects and nuances. It is recommended to foresee the most unfavorable situation, and to describe in detail the algorithm for its solution. The risk – an integral part of any project. It is impossible to predict everything, so you need to be ready to unpleasant turn of events.

It Often happens that entrepreneurs do not even consider certain factors as risks, which is one of the gross errors. After all, hindsight leads to additional costs, increases payback period, etc. Market products and services – the first thing to think about for an aspiring businessman. After all, the organization should be the target customers who are likely to use the services of a credit institution.

To summarize, it can be noted that the implementation of the project of the opening credit of the organization – a very laborious and difficult, but achievable. If responsible for preparation of business plan of the Bank, calculate how much risk to attract the required amount of funds, it is possible to greatly succeed in his endeavor. As for profitability, there is no doubt that the opening of the Bank – one of the most profitable investments.