Bertos manufacturing corporation Essay Example | Topics and Well Written Essays - 500 words

Bertos manufacturing corporation - Essay Example The current financial market situation in Brazil is comfortable. This is because of the high Basel Index, which ensures adequate capital base for absorbing losses for risks (Madula 103). Australia is suitable for immediate establishment of BFSI subsidiary. This is because the retail financial market is not fully exploited in Australia. The Australian market will open up other polar market for financial service offered by the BFSI. The Financial system of Australia has three major operation pattern; borrowing funds, lending funds, and transferring financial claims (Twitchett 43). Switzerland is also an appropriate subsidiary location for BFSI. This is because it has high Gross Domestic product per capita (Twitchett 29). Also the value of the Swiss Franc has in the recent financial history been very stable. The financial sector is also very vibrant because it represented 11.6% of the GDP. The financial sector of Russia is also very vibrant. Therefore, the BFSI should immediately set up a subsidiary in the country. Financial retail services are so many in the country; this can be illustrated by the high numbers of international payments schemes (Cecil et al). At the end of 2013, number of credit cards issued by the financial institutions exceeded 128 million. China is currently experiencing reforms in the financial sector. These reforms include the introduction of insurance services and leasing services. The operational boundaries are currently being removed, to enhance customer competition in the financial services sector (Buckley & Casson 34). The financial reforms create room for private and multinational financial firms to be established. The financial system of Brazil is based on a modern and stable banking system. The financial market embraces the current technology based payment systems; the market infrastructure is also very reliable and can be predicted. The 2008 international crisis had minimal effect in the