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  1. 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 ...

  2. 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 ...

  3. 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 ...

  4. 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 ...

  5. 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 ...

  6. Rules hamper use of yuan for overseas investment

    Posted Jun 14th 2011, 12:00am

    ... bond issuance in Hong Kong, yuan trade settlements and deposits have all ballooned over the past year, but in the five months since getting permission to use the yuan instead of US dollars, ... of Deutsche Bank, told a conference yesterday. Last month, Hong Kong Exchanges and Clearing chairman Ronald Arculli said Hong Kong was not doing enough with the scheme that allows mainland enterprises ...

  7. Deutsche Bank rides wealth tide

    Posted Sep 05th 2005, 12:00am by Staff Reporter

    ... banking Anette Jonsson Asia's growing prosperity is opening up new opportunities for the German bank Managing money for Asia's very rich has become big business as the region's wealth increases in tandem with strong local stock markets and seemingly insatiable western demand for Asian exports. This is presenting opportunities to players such as Deutsche Bank ...

  8. Business - Comment - MONITOR

    Fed's zero interest rate hurts Asia and may not help the US

    Posted Jan 16th 2013, 12:00am by Tom Holland

    ... down, hindering growth. MacKinnon points out that with interest rates at zero, big banks, which sit on the bulk of deposits, have little incentive to lend in the interbank market to smaller, ... and may not help the US Speaking in Hong Kong this week, Charles Evans, head of the Federal Reserve Bank of Chicago, reiterated the Fed's pledge to keep US interest rates at rock-bottom ...

  9. 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 ...

  10. Business - Money

    Bankers ride boom in social enterprises

    Posted Mar 25th 2013, 12:00am by Jeanny Yu

    ... Jeanny Yu jeanny.yu@scmp.com Investing in public service could generate healthy returns with focus on mass market Bankers ride boom in social enterprises Putting private capital to public service is booming in Asia, and some investment bankers are quittin ...




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