Word: reach
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...City-based Eastern Asia Bank has built up a $1.35 billion war chest, according to its CEO, Tran Phuong Binh. The bank plans to introduce telephone-banking services and open at least 100 branches. Many private banks are expanding into the countryside, where foreign banks are less likely to reach. Techcombank now has 80 branches nationwide but has plans to boost that number to 300 in the next three years...
...smaller accounts, issuing credit cards and loaning money to small- and medium-sized Vietnamese companies. Cany predicts the number of private banks in Vietnam will fall by at least half to less than 20 within five years due to failure or merger. Their only hope is to expand their reach and sophistication before competition heats up. "You can't afford to miss the boat," says Winsbury. "You've got to grow fast." After all, once-in-a-lifetime opportunities aren't much good to businesses that die young...
...world, it may not save your business. With climate change and high oil prices in the headlines, corporations everywhere are rushing to show off their green credentials. But the demand for environmentally friendly products--niche-market successes such as the Toyota Prius hybrid car notwithstanding--has yet to reach critical mass...
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...technology also conferred a shroud of privacy amid the spectacle. Fox News anchor Shepard Smith noted seeing students silently text-messaging before the Tuesday memorial service. "It feels like there is an undercurrent of information being passed that doesn't reach to our level but is remaining within the Virginia Tech family," he said...