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  1. Dah Sing Financial boosts CRM with Metro Ethernet

    Posted Jul 15th 2003, 12:00am by Staff Reporter

    ... Dah Sing Financial Holdings has built a high-bandwidth network for managing customer relations across all its branches. The move comes amid growing competition in the banking sector. The Hong Kong-listed financial services group recently deployed a Metro Ethernet infrastructure, based on Cisco Systems equipment, to link all 43 branches of its Dah Sing Bank and Mevas Bank ...

  2. Dah Sing Bank plans push into mainland

    Posted Jul 04th 2003, 12:00am by Raymond Ma

    ... Dah Sing Bank intends to take advantage of the closer economic partnership arrangement (Cepa) to follow its customers into the mainland from Hong Kong's crowded banking sector. Managing director Derek Wong Hong-hing said yesterday the trade agreement, which lowers the entry barrier for Hong Kong banks entering the mainland market, would allow Dah Sing to plan a clear ...

  3. Treasury operations boost Dah Sing profit

    Posted Aug 06th 2003, 12:00am by Raymond Ma

    ... Sales of debt securities from treasury operations saved Dah Sing Financial Holdings from reporting a decline in profit yesterday, as the credit-card specialist continues to be hit ... instruments and their prices do vary. We do not have a crystal ball,' Dah Sing Financial general manager Nicholas Mayhew said, adding that the bank's treasury activities in the next half ...

  4. Banks offer bargain rates on tax loans

    Posted Oct 08th 2003, 12:00am by Kelvin Chan

    ... interest rates due to better access to credit information on individuals. Dah Sing Bank and MEVAS Bank on Monday announced tax loan terms with annualised rates as low as 4.36 per cent. Other banks ... Chan Pik-lin, a spokeswoman for Dah Sing Bank, said one big reason it could offer such low rates was because of the database. 'It's definitely because we know more about our ...

  5. Wing Hang gets strong response to debt issue

    Posted Sep 03rd 2003, 12:00am by Raymond Ma

    ... Hang's issue, investors interested in the deal expect it to be priced slightly higher than a similar issue made by Dah Sing Bank. A similar bond issue in 2001 made by Dah Sing Bank was trading ...

  6. Mid-tier Wing Hang aims for Chekiang First Bank

    Posted Jul 05th 2003, 12:00am by Raymond Ma

    ... The lender is looking to expand and fears Dah Sing might be in the running Mid-tier lender Wing Hang Bank yesterday confirmed it had made a bid for Chekiang First Bank as consolidation ... on an expanded asset base from a successful bid. The source said Wing Hang was concerned about a potential rival bid by Dah Sing Bank which, according to Chinese-language newspaper reports, is also ...

  7. US rate cut lights fire under home mortgage price war

    Posted Jun 30th 2003, 12:00am by Raymond Ma

    ... in November to 1.13 per cent on Friday. As money-market rates fell, second-tier lender Dah Sing Bank on June 12 lowered its cheapest retail mortgage lending rate to an industry-beating 2.65 percentage ... [Hibor] has widened. 'Banks which use Hibor funding for their mortgage portfolio can adjust downward their mortgage prices.' Florence Chan, a manager at Dah Sing Bank's product ...

  8. US visa fast-track for HK citizens

    Posted Dec 11th 2003, 12:00am by Staff Reporter

    ... rate than the mainland. Visa applicants are required to: Pay a non-refundable application fee of $800 per application in advance to any Dah Sing Bank branch Complete an application form ...

  9. New Products

    Posted Jul 20th 2003, 12:00am by Staff Reporter

    ... Dah Sing Bank has launched another HK$ retail certificate of deposit at up to 3.7 per cent interest. Minimum investment in the HK$1 million deposit is HK$50,000 for five years. The bank may exercise a call option to redeem the CD at the end of two years. The coupon rate is 3.5 per cent for the first two years and 3.7 per cent for the next three. Subscription fee is 0.15 per ...

  10. High-yields lure bank investors

    Posted Aug 08th 2003, 12:00am by Staff Reporter

    ... Anthony Lok said the rise was primarily attributable to treasury dealings. Dah Sing Financial - a pure domestic play - reported a 3 per cent rise in earnings to HK$471 million, thanks to one-off treasury gains. But Merrill Lynch has downgraded Dah Sing to 'neutral' from 'buy', citing modest upside potential after a 30 per cent rally in its shares since April. Still, ...




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