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Tuesday, May 29, 2007

MPDD in Banks and Telecom

More and more MPDD (Market Place Decision Difficulty) is set to occur as telecom companies are throwing newer offers with slashed prices, discounts almost every week. Newspapers are also filled up almost every day with news of branch openings across the country of various commercial banks. Southeast Bank opens 34th branch at Kakrail today, Bank Asia opens 27th branch at Mohakhali today and I am sure more to follow in coming days. The website of Bangladesh Bank provides the list of weblinks to commercial banks of the country but I still have not come across any website which gives a comparative view of our banks. Could we have a website which would show and compare banks in terms of their number of branches, ATMs, interest rates for deposits and on top of it all, there could be a comparison chart of various loan products offered by different banks. This way, consumers could easily compare different products in the market and could take more informed decisions regarding their banking needs. Same goes for telecoms as well. Frankly speaking, I have no clue about the minute details about all the prepaid and postpaid packages, their pulse rates, FnF, free talk times and all that jazz. I get confused and I wish I could see some sort of tabular comparison of the offers made by telecom companies. Just a thought from a regular user who uses mobile phones and goes to bank.

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