• Friday
  • November 28, 2014
  • Last updated: 2:44am
Hong Kong




Refine Your Search

Sort by

Search Results

Results 1 - 10 of 41 for bank deposits

Related topics matching your search

Search results

  1. Lurking dangers

    Posted Oct 21st 2008, 12:00am by Philip Bowring

    ... by Sino-Japanese rivalry. There was not even an attempt at co-ordination. Responses to the crisis, such as Hong Kong's guarantee of bank deposits, were aimed at local markets- in Hong Kong's case more to protect smaller banks against a shift of deposits than out of concern for the currency. Events were also a reminder that while much of Asia has few foreign exchange controls, ...

  2. Yuan deposit growth slowing

    Posted Nov 04th 2011, 12:00am

    ... to benefit. Banks rely on earning a spread between their deposits and loans, but they have had only limited opportunities in yuan lending, analysts say. In the past, taking on more yuan deposits meant ... with ANZ Research. He still thought Hong Kong could hit the 700 billion yuan deposit level by the end of this year. Bank of China (Hong Kong) for example, said its lending profitability ...

  3. Funds target foreign currency deposits from the mainland

    Posted Jul 08th 2004, 12:00am by Staff Reporter

    ... There is currently US$147.4 billion in foreign currency deposits in the Chinese banking system. Other recommendations include allowing Hong Kong fund management companies to market their products ... Kelvin Wong The Hong Kong Investment Funds Association (HKIFA) is floating a proposal that would allow local fund managers to tap the vast foreign currency deposits parked in Chinese ...

  4. The Chinese consumer fails to live up to the world's hopes

    Posted Mar 24th 2011, 12:00am by Tom Holland

    ... measures also indicate an alarming fall in consumers' willingness to go out and spend. For example, according to one recent survey, almost 90 per cent of urban bank customers say they prefer either to save or invest their spare cash- even though the interest rates on bank deposits are negative in inflation-adjusted terms, the stock market has fallen by 15 per cent over the past 18 ...

  5. Hard times ahead as Europe's banks cut lending to Asia

    Posted Dec 01st 2011, 12:00am

    ... are distorted by the presence of HSBC and Standard Chartered, which although based in Britain, finance much of their Asian lending through local deposits. But if you strip out lending by British banks ... debt crisis on Asian economies is concerned. At least as important will be a reduction of lending in the region by Europe's dangerously weakened banks. The problem is that euro-zone banks ...

  6. Loan demand drives up Huaxia profit 13pc

    Posted Feb 02nd 2007, 12:00am by Nevin Nie

    ... earlier, Huaxia Bank said. All the figures on the statement were unaudited, the bank said. It did not provide other figures such as deposits, loans and bad debt level. 'The bank's growth ... Nevin Nie Shares fall 2.73pc as bank boosts capital for more lending Huaxia Bank, a Beijing-based lender partly owned by Deutsche Bank, says profit rose 13 per cent last year ...

  7. Business - Banking & Finance - BANKING

    Asian banks win as rich seek safety

    Posted Nov 15th 2012, 12:00am by George Chen

    ... the chief executive of Bank of Singapore. "A lot of the money coming in [to the Bank of Singapore] are from those who are looking for higher safety of their deposits, so they can sleep well at night and they don't need to worry about [their deposits] any more," said de Guzman in an exclusive interview with the South China Morning Post . Total assets under management of Bank ...

  8. Taiwan using internet to recruit spies, says report

    Posted Apr 04th 2006, 12:00am by Staff Reporter

    ... him military-related journals, academic newspapers and documents. The contact deposited money into Zheng's bank account before the student was arrested for leaking state secrets ...

  9. Business - Banking & Finance

    Asia to trade views on Basel III

    Posted Jan 16th 2013, 12:00am by PAUL SOH

    ... Paul Soh paul.soh@scmp.com Non-G20 nations gather in Hong Kong to discuss global banking regulation Asia to trade views on Basel III The Institute of Global Economics and Finance will host ... chairman of the China Banking Regulatory Commission, said the main goal of the programme was to trade knowledge about Basel III between non-G20 regions and convey the message ...

  10. Vanke share placement raises 4.2b yuan for key projects

    Posted Dec 26th 2006, 12:00am by Staff Reporter

    ... as investors show more confidence in China stocks. Mainland property developers have turned to raising money by selling shares since the government in May banned commercial banks from lending to those with deposits of less than 35 per cent of the project capital. Poly Real Estate, the largest state-owned property developer, raised two billion yuan through an initial public offering on the Shanghai ...




SCMP.com Account