Viability of Constructing a Commercial Bank Building

  • Claire N. Tinsay Development Bank of the Philippines, Dumaguete City, Philippines
  • Ma. Luisa C. Catague University of Negros Occidental-Recoletos, Bacolod City, Philippines
Keywords: Business Administration, Banking Industry Operations, Viability, Descriptive, Negros Occidental, Philippines

Abstract

The banking system plays a critical role in the modern economic world. Banks facilitate the flow of funds in the economy and ensure the efficient allocation of financial resources. As the business grows, expansion in the form of opening new branches becomes imminent. The R. B. Bank is in its tailwinds to meet its branch operations' growth and curtail the lease's fast-rising cost.  In response, the management has considered a new location site for its expansion and built a bank building that could cater to the diverse needs of its growing clientele.  Hence, the study determined the viability of constructing a commercial bank building and assess its financial performance for the years 2016-2018 as the basis for making financial projections for the years 2021 to 2025.  It also ascertained the cost-benefit analysis of leasing out its unused portion and explored the challenges and opportunities associated with the project.

Published
2020-11-10
How to Cite
Tinsay, C. N., & Catague, M. L. C. (2020). Viability of Constructing a Commercial Bank Building. Philippine Social Science Journal, 3(2), 27-28. Retrieved from https://philssj.org/index.php/main/article/view/151