• Sunday
  • November 23, 2014
  • Last updated: 10:19am
Hong Kong




Refine Your Search

Sort by

Search Results

Results 1 - 2 of 2 for citic securities

Search results

  1. Acquiring market share does not guarantee value

    Posted Sep 18th 2003, 12:00am by Raymond Ma

    ... acquisition of First Pacific Bank (FPB) in 2000 and Citic Ka Wah Bank's purchase of Hongkong Chinese Bank a year later - created any value. BEA's cost to income ratio has risen more than 10 percentage points since it bought FPB to 53.4 per cent last year, and only in the most recent half has it been able to drive costs down. Citic Ka Wah Bank has fared slightly better. Last year, ...

  2. Rivalry takes toll on banks

    Posted Jul 28th 2003, 12:00am by Raymond Ma

    ... really no loan demand elsewhere.' However, some medium-sized lenders who finance their bank lendings through the interbank market - such as BEA and Citic Ka Wah Bank - should see ... with an average of 3.2 per cent last year. Fixed-income securities, which helped prop up some banks' earnings last year, are likely to face re-pricing pressures as they near maturity. 'The move ...



SCMP.com Account