CHALLENGES OF EXPORT SECTOR EXCHANGING: A CASE OF DASHEN BANK SHARE COMPANY

Abstract

This study was conducted to examine the challenges of export sector exchanging in the case of Dashen Bank S.C. A descriptive study was employed to achieve the goal of this research. The study was conducted on the basis of opinion survey from randomly selected bank professionals working in supervisory position in Dashen Bank. In order to get relevant data from the target population questionnaire and interviews were used. Questionnaire was administered to the bank professionals and interviews were conducted with senior managers. The data collected through questionnaire were analyzed using frequency, percentage and presented using tabulation and appropriate statistical graphs. Furthermore, data collected using interviews were used to triangulate the results found from the questionnaire. The findings generally indicate that, government policies, regulations & NBE directives, and not responding appropriately to the market dynamism have increased the challenges of export sector exchanging. As a result, the study recommends to easing of collateral requirement for exporters, expanding product breadth, introducing fee income for the service already introduced, taking calculative risk as per the market condition, participating in value chain financing for exportable items, devising a policy that encourage professional exporters & participating in tourism & hospitality industry that generate foreign currency.