The Bank of Montreal - Seoul Branch

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Case

Reference no. 9A93B021

Subject category: Finance, Accounting and Control

Authors: David J Sharp (Ivey Business School, Western University)

Published by: Ivey Publishing

Originally published in: 1993

Version: 2002-06-05

Length: 8 pages

Data source: Field research

Topics: Control systems; Intercultural relations; International finance

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Abstract

The Bank of Montreal''s Seoul branch manager has to decide how to respond to a change in local government banking regulations that effectively makes lending activities in Korea unprofitable. He has to consider the role of the Korean branch as part of the bank''s global operations, and the local culture and regulatory environment. The main objective of the case is to provide an introduction to the Korean business environment as part of a political/economic/social/technological analysis. There is a simplified Chinese version available ''9A93BC21''. There is a Korean version available ''9A93BK21''.

Location:

Korea, Canada

Industry:

Banking

Size:

Large