The case describes the situation before the Vancity by the financial crisis of 2008, in an environment where monetary policy is being used to stimulate the economy. Immediate decision facing the CEO whether to raise interest rates on loans to compensate for the decline in interest income. C is close to zero percent interest rates promoted the Bank of Canada, the spread between deposit and loan rates fell to unprecedented levels. The situation was difficult for Vancity in its structure as a member-owned cooperative and its strategy of community involvement, as well as his need to get members to sign a consent rate change. "Hide
by Saul Klein Source: Richard Ivey School of Business Foundation 8 pages. Publication Date: September 3, 2010. Prod. #: 910M69-PDF-ENG
Vancity Doing Good, Doing Well Case Study Solution
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