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  • November 29, 2014
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Results 1 - 3 of 3 for dutch bank ING

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  1. Chances of M&A deals more talk than action

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

    ... the purchase of Chekiang First Bank. Less than three weeks later, mainland-backed ICBC (Asia) signed a non-legally binding memorandum of understanding to merge with Dutch-Belgium Fortis Bank ... Sector stocks have soared on speculation but contracts may be a long way away Merger and acquisition (M&A) hype in the local banking sector has reached fever pitch, with a recently ...

    http://www.scmp.com/article/426815/chances-ma-deals-more-talk-action
  2. ICBC, Fortis engaged to be 'married'

    Posted Aug 22nd 2003, 12:00am by Raymond Ma

    ... The Hong Kong subsidiary of Industrial and Commercial Bank of China will purchase the entire share capital of Fortis Bank Asia Hong Kong from its Dutch-Belgian parent, Fortis Group, in the intended ... The merged entity will become Hong Kong's sixth-largest bank and give the partners access to each other's markets ICBC (Asia) yesterday signed a memorandum of understanding ...

    http://www.scmp.com/article/425477/icbc-fortis-engaged-be-married
  3. BEA boosts earnings 5.1pc on tighter lending

    Posted Aug 02nd 2003, 12:00am by Raymond Ma

    ... by a fall in mortgages which shrank 15 per cent to $36.7 billion. ING Financial Markets head of Asian banking research Paul Sheehan admitted he was impressed. 'BEA has managed its books very ... Bank of East Asia (BEA) yesterday posted a 5.1 per cent year-on-year gain in first-half net profit as it tightened its lending to reduce bad debt. Net profit rose to HK$792.5 million from ...

    http://www.scmp.com/article/423565/bea-boosts-earnings-51pc-tighter-lending

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