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  • July 26, 2014
  • Last updated: 6:05am
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Results 1 - 10 of 11 for hung kai

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  1. Business - Banking & Finance - BANKING

    Liquidity concerns to slow loan growth in Hong Kong

    Posted Mar 07th 2014, 02:20pm by KANIS LI

    ... the winding down of the bond-buying programme by the Federal Reserve in the United States, Standard Chartered Bank (Hong Kong) chief executive Benjamin Hung Pi-cheng said. "Banks will be more ... of overlending. Hung said he expected Standard Chartered's net interest margin to remain stable. It stayed flat at 1.6 per cent at the end of last year. Income from the Hong Kong operation delivered ...

  2. Business - Banking & Finance - BANKING

    Standard Chartered net profit declines 17pc

    Posted Mar 05th 2014, 06:51pm by KANIS LI

    ... Benjamin Hung Pi-cheng, said he is confident growth in the city can be sustained in the medium term despite the fall in the group. The Hong Kong operation is hiring more than 300 people, he said. ...

  3. Business - Banking & Finance - BANKING

    Rates climb as lenders scramble for deposits

    Posted Nov 04th 2013, 05:49am by KANIS LI

    ... deposits for two reasons, according to Wing Lung Bank treasurer Terry Siu Kai-hung. "They are looking to add new customers for cross-selling and preparing more customer deposits to meet ...

  4. News - China - BANKING

    Hong Kong banks may extend yuan loans to firms in Shenzhen's Qianhai zone

    Posted Dec 28th 2012, 12:00am by Sandy Li

    ... 37 entities that signed a deal to invest in Qianhai. They include HSBC and Hang Seng Bank, the Bank of East Asia and Sun Hung Kai Financial, Bank of Tokyo-Mitsubishi UFJ, Sumitomo Mitsui ...

  5. Business - Banking & Finance - BANKING

    Rafael Hui paying back debt in batches, BEA chief says

    Posted May 01st 2013, 12:00am by KANIS LI

    ... and bribery alongside the billionaire brothers Raymond Kwok Ping-luen and Thomas Kwok Ping-kwong, co-chairmen of Sun Hung Kai Properties. In the writ, BEA asks Hui to pay all money due under two ...

  6. Business - Banking & Finance - BANKING

    China's central bank likely to lift yuan conversion limit for Hongkongers

    Posted Oct 17th 2013, 11:29pm by PHOENIX KWONG

    ... said. Chan is leading a Hong Kong Association of Banks delegation on a three-day visit to Shanghai and Beijing. The group's chairman, Benjamin Hung Pi-cheng, the Hong Kong chief executive ...

  7. Business - Banking & Finance - BANKING

    Hang Seng fine-tunes branch strategy

    Posted Aug 07th 2013, 12:00am by Enoch Yiu, KANIS LI

    ... income from mortgage businesses in the second half, adding that the overall industry was unlikely to see any improvement. Benjamin Hung Pi-cheng, Standard Chartered's Hong Kong chief ...

  8. Business - Banking & Finance - BANKING

    No system rot to surface from Hibor probe

    Posted Jan 02nd 2013, 12:00am by Ray Chan

    ... Hibor [Hong Kong interbank offered rate] investigation is a case-specific issue, not a systemic problem," said Benjamin Hung Pi-cheng, the association's newly appointed chairman, adding that Hong Kong's interbank interest rates are set differently from other places. Hung said Hibor rates had not moved significantly compared with interbank rates elsewhere. ...

  9. Business - Banking & Finance - BANKING

    Rise in mortgage rates on the horizon

    Posted Mar 08th 2013, 12:00am by KANIS LI

    ... to cover such loans. The new move means the eight lenders must now hold 50 per cent more capital to cover such loans Benjamin Hung Pi-cheng, the chief executive of Standard Chartered in Hong Kong, expects the change to raise the cost of mortgages to banks by 0.2 to 0.25 percentage point. In the long run, that would be reflected in higher interest rates to borrowers, Hung said. Mary Huen ...

  10. Business - Banking & Finance - BANKING

    StanChart raises dividends, cuts back on top bonuses

    Posted Mar 05th 2013, 11:49am by KANIS LI

    ... But profit in the Americas, Britain, Europe and India fell. Standard Chartered's core Tier 1 capital ratio stood at 11.7 per cent for last year, down 1 basis point from 2011. Benjamin Hung ... with the previous year. Net interest margin, the difference between loan income and the cost of funds relative to interest earning assets, for Hong Kong fell 16 basis points to 1.6 per cent. Hung said ...




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