Question: The answer should be comprehensive and elaborated, not precise. Thank You. Q1: The FaceMoney Bank Ltd has branches in Pakistan, Bangladesh, Nepal, Thailand and Burma.

The answer should be comprehensive and elaborated, not precise. Thank You.

The answer should be comprehensive and

Q1: The FaceMoney Bank Ltd has branches in Pakistan, Bangladesh, Nepal, Thailand and Burma. It grew from the merger of a number of small local banks in these countries. These local banks were not large enough to compete single-handedly in their home markets. The FaceMoney Bank hopes to attract both retail and corporate customers, through its use of home banking services and its heavily advertised Direct Bank service, which is a branchless bank to which customers telephone, fax or post their instructions. The bank also specializes in providing foreign currency accounts, and has set up a revolutionary service whereby participating customers can settle their own business transactions in US dollars. Requirement What sort of organisation structure do you think would be appropriate? (7 marks)

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