OVERSEAS CHINESE BANKING CORPORATION CHILDREN DEVELOPMENT CO-SAVINGS (BABY BONUS) ACCOUNT

With effect from 1st August 2008, Overseas Chinese Banking Corporation (“OCBC”) and Standard Chartered Bank Singapore (“Stanchart”) had taken over from Development Bank of Singapore (“DBS”) as the managing agents for the Children Development Co-Savings (Baby Bonus) Accounts. After the concluded tra...

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Main Author: Tay, Charles
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2010
Online Access:https://eprints.nottingham.ac.uk/23488/
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author Tay, Charles
author_facet Tay, Charles
author_sort Tay, Charles
building Nottingham Research Data Repository
collection Online Access
description With effect from 1st August 2008, Overseas Chinese Banking Corporation (“OCBC”) and Standard Chartered Bank Singapore (“Stanchart”) had taken over from Development Bank of Singapore (“DBS”) as the managing agents for the Children Development Co-Savings (Baby Bonus) Accounts. After the concluded transfer exercise in November 2008, OCBC had since been the market leader with 76% of the market share. With the change of managing agents on 1st August 2008, parents had to choose between either of the managing agent for their children’s development accounts. The study identified the factors that would be relevant to parents’ choice of managing agent. Adopting the 7Ps of the services marketing mix model, the study also analysed the factors influencing parents’ choice of managing agent and if these factors contributed to OCBC being preferred over Stanchart. The findings from this dissertation study showed that OCBC had understood the parents’ needs and therefore cited as a better choice as managing agent.
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format Dissertation (University of Nottingham only)
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institution University of Nottingham Malaysia Campus
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language English
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publishDate 2010
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spelling nottingham-234882018-01-11T16:33:42Z https://eprints.nottingham.ac.uk/23488/ OVERSEAS CHINESE BANKING CORPORATION CHILDREN DEVELOPMENT CO-SAVINGS (BABY BONUS) ACCOUNT Tay, Charles With effect from 1st August 2008, Overseas Chinese Banking Corporation (“OCBC”) and Standard Chartered Bank Singapore (“Stanchart”) had taken over from Development Bank of Singapore (“DBS”) as the managing agents for the Children Development Co-Savings (Baby Bonus) Accounts. After the concluded transfer exercise in November 2008, OCBC had since been the market leader with 76% of the market share. With the change of managing agents on 1st August 2008, parents had to choose between either of the managing agent for their children’s development accounts. The study identified the factors that would be relevant to parents’ choice of managing agent. Adopting the 7Ps of the services marketing mix model, the study also analysed the factors influencing parents’ choice of managing agent and if these factors contributed to OCBC being preferred over Stanchart. The findings from this dissertation study showed that OCBC had understood the parents’ needs and therefore cited as a better choice as managing agent. 2010-01-31 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/23488/1/10MBAlixct9.pdf Tay, Charles (2010) OVERSEAS CHINESE BANKING CORPORATION CHILDREN DEVELOPMENT CO-SAVINGS (BABY BONUS) ACCOUNT. [Dissertation (University of Nottingham only)] (Unpublished)
spellingShingle Tay, Charles
OVERSEAS CHINESE BANKING CORPORATION CHILDREN DEVELOPMENT CO-SAVINGS (BABY BONUS) ACCOUNT
title OVERSEAS CHINESE BANKING CORPORATION CHILDREN DEVELOPMENT CO-SAVINGS (BABY BONUS) ACCOUNT
title_full OVERSEAS CHINESE BANKING CORPORATION CHILDREN DEVELOPMENT CO-SAVINGS (BABY BONUS) ACCOUNT
title_fullStr OVERSEAS CHINESE BANKING CORPORATION CHILDREN DEVELOPMENT CO-SAVINGS (BABY BONUS) ACCOUNT
title_full_unstemmed OVERSEAS CHINESE BANKING CORPORATION CHILDREN DEVELOPMENT CO-SAVINGS (BABY BONUS) ACCOUNT
title_short OVERSEAS CHINESE BANKING CORPORATION CHILDREN DEVELOPMENT CO-SAVINGS (BABY BONUS) ACCOUNT
title_sort overseas chinese banking corporation children development co-savings (baby bonus) account
url https://eprints.nottingham.ac.uk/23488/