• Monday
  • October 20, 2014
  • Last updated: 4:24pm
Hong Kong




Search Results

Results 1 - 10 of 986 for bank deposits

Related topics matching your search

Search results

  1. Lenders raise deposit rates

    Posted Mar 31st 2006, 12:00am by Staff Reporter

    ... Maria Chan Leading lenders, including HSBC and Hang Seng Bank, have raised their time deposit rates but the adjustments mainly cover short-term accounts. HSBC and Hang Seng raised ... Chartered Bank lifted its interest rates for deposits of $150,000 but less than $500,000 held for one week to two months by 0.05 to 0.125 percentage point. The new rates now range from 2.75 per cent ...

  2. Lenders puzzle over protection rule for deposits

    Posted Aug 29th 2005, 12:00am by Staff Reporter

    ... Kong). But now banks, their customers and the industry regulator are left to puzzle over the question: 'Are those new products that became so popular deposits or investments?' ... to generalise whether structured deposits are deposits or investments. I would suggest banks seek legal advice case by case,' he said. However, banks are uncomfortable with this uncertainty, ...

  3. Company profile- Bank of China

    Posted Jun 11th 2007, 12:00am by Staff Reporter

    ... Bank of China's principal activity is to provide financial services covering banking, investment banking and insurance. It provides commercial banking services to individual and corporate customers. The bank operates through three principal lines of business: commercial banking, investment banking and insurance. The commercial banking includes deposit-taking, lending, ...

  4. Yinshu Capital may set up bank

    Posted Jun 11th 2012, 12:00am

    ... bank should not have to depend too heavily on the gap between deposit and lending rates.' Under the interest rate regime, key state-owned lenders enjoy high net interest margins which ... Daniel Ren in Shanghai ren.wei@scmp.com Shanghai-based fund manager Yinshu Capital plans to set up a bank, echoing Beijing's determination to have private investment in key sectors ...

  5. Bank share fund under scrutiny

    Posted Apr 02nd 2012, 12:00am

    ... on these shares as the underlying asset and sell them to wealthy individuals looking for ways to protect themselves against inflation and generate higher returns than those offered by bank deposits. Trust ... by 'pledged equity' of banks have surged after numerous regulatory crackdowns on other trust companies' products. 'This product is not without risks. A lot of the liquidity raised [by ...

  6. Mainland's wealthy prefer private banks

    Posted Apr 21st 2011, 12:00am

    ... The rich are getting richer on the mainland and are increasingly turning to financial experts to make sure the trend continues. More wealthy mainlanders are using private banks and a range of investment tools to create further wealth and improve their lifestyles, according to a study by Bain & Company and China Merchants Bank. The study found the number of mainland high-net worth ...

  7. Domestic loan levels apply to foreign banks, says regulator

    Posted Feb 02nd 2008, 12:00am by Staff Reporter

    ... growth might help them move towards that target. He said getting more yuan deposits was still the priority of his bank. ... Maria Chan Lending risks set growth targets at last year's amounts The country's banking regulators have told foreign banks that new loan amounts cannot exceed last year's ...

  8. Bank client's annoyance points to need for single financial regulator

    Posted Aug 24th 2010, 12:00am by Enoch Yiu

    ... a customer with the lender for more than 20 years. He has deposits, credit cards and a mortgage with the bank. Several months ago, he received repeated phone calls from a staff member trying to sell ... Enoch Yiu We have all had those phone calls from the bank- someone trying to sell us an insurance policy or a pension scheme. This cross-selling of various financial products is how banks ...

  9. Mainland banks see sharp jump in profits

    Posted Jan 24th 2008, 12:00am by Enoch Yiu

    ... returns than bank deposits. On Tuesday, Bank of Communications said its net income for last year grew more than 60 per cent on an increase in credit and treasury income and significant gains ... Enoch Yiu and Natalie Chiu China Minsheng Banking Corp, the national's first privately held lender, and city lender Bank of Nanjing said they expected profits for last year to surge ...

  10. Strong loan growth lifts Everbright Bank profit

    Posted Feb 14th 2007, 12:00am by Carol Chan

    ... Carol Chan China Everbright Bank, the mainland's eighth-largest lender, said profit jumped 21.65 per cent last year, thanks to strong loan growth and a higher margin from new products. Loans climbed 16 per cent to 352.4 billion yuan while deposits increased 14.7 per cent to 519.8 billion yuan, Everbright Bank said. Mainland lenders are reporting higher profits for last ...




SCMP.com Account