Problem
ABC Bank, a subsidiary of an International Bank has experienced a serious decline in its business performance. The deposits are down, the loan portfolio has a lot of bad debts and head office is planning to slash the level of investment in the bank. Use Porter's Five Forces to establish the impact of competition and other elements on the overall performance of the bank. Explain how ABC Bank can use Porter's Five Forces Model in evaluating why there has been a decline in performance.
Also analyze the external environment using the PESTLE factors that could potentially impact the bank.