Overseas Chinese Banks - Factbites
 Factbites
 Where results make sense
About us   |   Why use us?   |   Reviews   |   PR   |   Contact us  

Topic: Overseas Chinese Banks


    Note: these results are not from the primary (high quality) database.


In the News (Tue 22 Dec 09)

  
 Singapore: Banking, Tax Haven - Offshore Investment Resources
Oversea-Chinese Banking Corporation Limited - Oversea-Chinese Banking Corporation Limited - Presently, there are 44 OCBC Bank branches located islandwide and 49 overseas branches and representative offices spanning Australia, China, Hongkong, Indonesia, India, Japan, Malaysia, Myanmar, South Korea, Vietnam, Taiwan, Thailand, United Kingdom and the USA.
United Overseas Bank Group of Singapore - United Overseas Bank Group of Singapore - UOB Group provides financial services such as private banking, trust services, venture capital investment, merchant banking, stockbroking, insurance, fund management, derivatives trading, precious metals trading, factoring, hire purchase and life assurance.
Singapore's reputation as a successful financial center is protected by stringent banking laws governing the management of banks and financial institutions.
www.escapeartist.com /taxhavens/singapore_offshore.html

  
 Allen & Overy Home
One of my first challenges was to convince a group of PRC banks that we had the right team to represent them in their first large exclusively Chinese-financed overseas project financing.
An arena which was once seen as the preserve of banks and insurance companies is now being entered by regular corporates.
Over the last year Allen & Overy has acted in hybrid issues for non-bank entities as diverse as Vattenfall in Sweden, Thomson in France and Henkel in Germany.
www.allenovery.com   (188 words)

  
 Bloomberg.com: Asia
United Overseas Bank is expanding in Indonesia and Thailand, while Oversea- Chinese owns part of a bank in Indonesia and plans to expand in China.
The banks have plenty of room to adjust capital, in part because they've been strapped for lending opportunities in a city which has had three recessions in the past six years, according to Bloomberg data.
HSBC Holdings, Europe's biggest bank by market value, is one of half a dozen foreign lenders which have expanded banking licenses in Singapore.
quote.bloomberg.com /apps/news?pid=10000080&sid=av3aZ60O5P9c&refer=asia   (563 words)

  
 Oversea-Chinese Banking Corporation - Wikipedia, the free encyclopedia
Shareholders of Indonesia's NISP bank have approved the sale of a 28.5 percent of stake to the Overseas-Chinese Banking Corporation Ltd. (OCBC), making the Singapore-based company the majority shareholder.Initially OCBCBank owned 22.5% of NISP Bank which was valued at $73.1 million.
O04  ( http://info.sgx.com/serviceapp.nsf/Cpy/O04)) (Mandarin: 华侨银行), abbreviated as OCBC Bank, was formed in 1932 as a result of a merger of three local banks: the
 This bank, insurance, or financial corporation article is a stub.
en.wikipedia.org /wiki/Oversea-Chinese_Banking_Corporation   (563 words)

  
 Overseas Union Bank Limited Singapore - Offshore Banking
Banking in Singapore is essentially split into an offshore market and a domestic the Overseas Chinese Banking Corporation, the Overseas Union Bank, singapore.usembassy.gov/ep/1998/bank98.html - 42k -
United Overseas Bank Limited (Vice-Chairman Bank) UFJ Bank Limited.
Below appears a list of offshore banks in Singapore that provide offshore bank accounts.
www.offshore-resources.com /banks/1791.htm   (563 words)

  
 Singapore Practical Information Money Overseas-Chinese Banking Corporation AA Destination Guide
Oversea-Chinese Banking Corporation is one of the leading banks in Singapore with 42 branches islandwide, as well as 49 other branches overseas.
Banking services such as loan application/enquiries, credit card applications, investment services, accounts services and electronic banking are available in all branches.
Operating hours may differ from branch to branch but most will operate during the times stipulated below.
americanairlines.wcities.com /en/record/70,209845/85/index.html   (563 words)

  
 Guide to the Willard Dickerman Straight Papers,1825-1925
In November 1901 he was appointed to a position with the Chinese Imperial Maritime Customs Service, and from 1902-04 he was personal secretary to Sir Robert Hart, Inspector General of the Service in Peking.
Microfilmed papers of Willard D. Straight consist of personal and official correspondence, both original and typescript copies, and reports chiefly concerning his association with the Chinese Imperial Customs Service (1902-04).
That June he left the consular service to represent J.P. Morgan and Company and other banks and investors, the American Group.
rmc.library.cornell.edu /EAD/htmldocs/RMM01260.html   (563 words)

  
 COMMBK_foreign.jsp?LangID=0
They are the Bank of the Orient (of the United States), The Hongkong and Shanghai Banking Corporation, the United Overseas Bank Ltd (of Singapore), and the Xiamen International Bank which was set up with both Chinese and foreign capital.
In accordance with these guidelines, 11 foreign banks and three overseas banks applied and were given approval to continue their business operations in China.
Like commercial banks, foreign financial institutions are subject to the supervision and administration of the PBOC.
www.isinolaw.com /jsp/banking/commbk/COMMBK_foreign.jsp?LangID=0   (563 words)

  
 Deutsche in talks to buy Bank of Beijing
The interest by two of Europe’s largest banks in a medium-sized Chinese lender underlines the country’s growing importance to overseas financial groups seeking to capitalise on the country’s rapid economic growth and rising wealth.
Although foreign groups are limited to minority stakes in Chinese banks, the government’s efforts to reform the financial system and hopes of further sector deregulation have sparked a flurry of activity.
A stake sale by Bank of Beijing could herald a new wave of overseas investments in smaller city banks, which have fewer financial and management problems than the giant Big Four lenders.
www.vbm-consulting.com /~vbm0/resourcelinks/clippingdetail.asp?ID=4644&Title=Deutsche+in+talks+to+buy+Bank+of+Beijing   (563 words)

  
 Tagalder - a publicly traded company in North America
The overseas spending by Chinese tourists reached US$12 billion last year, and if all the transactions were made through bankcards, domestic banks could have made US$120million of commissions, said Xiong.
It doesn't mean Chinese tourists weren't willing to use bankcards, but the length of time it takes for domestic banks to handle bankcard transactions abroad deterred them, Xiong said.
However, only three percent of Chinese tourists held international bankcards and only 1.74 percent of transactions were covered with bankcards,19 percent less than that of Japan.
www.tagalder.com /newslist.php?news=a20020427.htm   (563 words)

  
 Oversea Chinese Bank - Offshore Investments, Offshore Banking
Singapore: Banking, Tax Haven - Offshore Investment Resources.Natexis Banques Populaires, Oversea-Chinese Banking Corporation Limited, The International Commercial Bank of.second-largest bank ranked by assets is Oversea-Chinese Banking Corp.offshore-resources.com/banks/1640.htm - - Save.
Union Bank of Colombo - Union Union bank oversea-chinese banking corporation limited.Overseas Union Bank Oversea-Chinese Banking Corporation Limited United Overseas Bank Group.www.offshore-resources.net/overseaunionbank.htm - - Save.
Bank Of Overseas Chinese Location.www.offshore-resources.org/top/11146-bankofoverseaschineselocation.htm - - Save.
www.offshore-resources.net /overseachinesebank.htm   (563 words)

  
 CEPA drives overseas banks' SZ expansion - News & Speeches - Pearl River Delta - Newsgd
The bureau noted most of the overseas banks operating in Shenzhen were based in Hong Kong, apparently lured by a CEPA provision that sharply reduced the minimum capital for opening a branch on the Chinese mainland to US$6 billion, down from the previous US$20 billion.
In the first 10 months this year, Hong Kong-based banks' business in Shenzhen had grossed a total after-tax profit of more than 209 million yuan (US$25.2 million), accounting for about 58 percent of the total amount of the overseas banks in the city, the SBRB said.
According to the latest statistics from the SBRB, a branch of the China Banking Regulatory Commission, a total of 26 overseas banks are offering services in the city and another five have set up representative offices mulling over formal entry.
www.newsgd.com /PRDcorner/NewsSpeeches/200411150063.htm   (563 words)

  
 Singapore's Temasek to invest 1 bln dlrs in China Construction Bank
"Financial institutions, including Temasek, are welcome to cooperate with Chinese banks and participate in China's banking reform," Huang said at the meeting, which appeared to be held at the Great Hall of the People in Beijing.
Temasek Chief Executive Ho Ching was shown on Chinese state television late last week meeting with Chinese Vice Premier Huang Ju in Beijing.
Temasek Holdings, the investment arm of the Singapore government, will buy one billion dollars' worth of shares in China Construction Bank (CCB) during its planned overseas listing, state media said.
www.turkishpress.com /news.asp?id=50848   (563 words)

  
 BBC NEWS Business HSBC 'buys stake in Chinese bank'
The two banks agreed the deal at a board meeting on Sunday, the Asian Wall Street Journal reported, citing a senior Chinese bank regulator.
Local currency business is the next big market for foreign banks in China, which are scrambling to position themselves ahead of 2006, when China is due to open the sector to overseas players under World Trade Organisation treaties.
Mr Li reportedly added that Bank of Communications is drawing up plans to sell shares on the Shanghai exchange and may now opt for an overseas listing too.
news.bbc.co.uk /1/hi/business/3835585.stm   (563 words)

  
 CNN.com - China's Huaxia bank set to list - February 14, 2001
The Financial Times newspaper reports that Huaxia has planned a share market float for the middle of this year to help fund its fight against an expected jump in competition from non-Chinese banks once China joins the WTO.
The FT says that as part of the response to the expected intensification of competition, Huaxia has co-operation agreements with overseas banks, including the Bank of East Asia, Standard Chartered Bank and CITIC Ka Wah Bank in Hong Kong.
The FT says the funds raised will be used to bolster the bank's financial position, as well as help it establish an online banking presence and expand its network of branches in China and overseas.
edition.cnn.com /2001/WORLD/asiapcf/east/02/14/china.bankipo   (399 words)

  
 Bloomberg.com: Asia
Standard Chartered, which agreed to buy a fifth of Bohai Bank, a new Chinese lender, also applied for yuan licenses in the cities of Xiamen and Tianjin, Martin Fish, chief executive of its China business, said on Dec. 1.
Dec. 24 (Bloomberg) -- HSBC Holdings Plc and Standard Chartered Plc received licenses to conduct local currency business with Chinese companies in Beijing, the first overseas lenders to gain greater access to the nation's capital.
China on Dec. 1 increased the number of cities where overseas banks can do yuan business to 18 from 13, including Beijing, where 4,551 companies are registered, according to government data.
www.bloomberg.com /apps/news?pid=10000080&sid=a7Ue2fFSiYtw&refer=asia   (687 words)

  
 printableArticle.jhtml?articleID=14700603
Chinese financial institutions will have to upgrade their systems to keep pace with better-equipped and more experienced overseas corporate banking competition, according to Katkov.
As part of this agreement, foreign banks can enter the Chinese banking market beginning in 2007.
Banks in China will see a $6 billion increase in technology spending by 2005, according to a recently released Celent Communications report.
www.banktech.com /printableArticle.jhtml?articleID=14700603   (687 words)

  
 HSBC & Bank of Shanghai boost cooperation   ±±·½Íø>English
As a local stock-holding bank, the Bank of Shanghai was the first Chinese bank to attract overseas investment since China's entry into the World Trade Organization (WTO).
Citibank also bought a stake in the Shanghai Pudong Development Bank recently, which together with the HSBC move, indicates noted foreign banks are taking further steps to cooperate with local banks in Shanghai.
In December 2001, HSBC acquired an eight percent stake in the Bank of Shanghai, and since then the two banks have seen encouraging progress in their technological cooperation.
english.enorth.com.cn /system/2003/03/21/000529900.shtml   (687 words)

  
 Goldman, Amex in China bank deal - Boston.com
Chinese banks and insurers are compelling investments as most of them plan to go public in the near future, allowing investment firms to cash in quickly.
China's top lender, Industrial and Commercial Bank of China , is selling a 10 percent stake to investment bank Goldman Sachs and others, and is shedding $17.3 billion in bad loans to prepare for an overseas listing.
China created four asset-management firms in 1999 to take over nearly 1.4 trillion yuan in bad loans from state banks, amassed over decades of politically dictated lending practices.
www.boston.com /news/world/asia/articles/2005/08/31/goldman_leads_3_bln_icbc_deal_source?mode=PF   (758 words)

  
 Asian California 2000 1/12 Asian American Tea GoldSea
Sprawled out for miles in all directions in L.A.'s heart, Corean shops, mini-malls, banks and professionals have concentrated into such a financial success that overseas Corean conglomerates recently made a wave of speculative land purchases.
The hardy Chinese first came for the gold rush of 1849 and stayed on to sweat the building of the transcontinental railroad through the tough half, the half had to cut and blasted through the solid granite of the rugged and unforgiving Rockies and the Sierra Nevadas.
The thriving Asian communities in California have also burgeoned a significant overseas trade.
goldsea.com /Features/California2k/california2k.html   (1008 words)

  
 BBC NEWS Business HSBC to go online in China
Overseas banks have been keen to gain access to Chinese banking customers, which have an estimated $1trillion (£640bn) in savings.
In December 2001, HSBC became the first foreign commercial bank to take a stake in a mainland Chinese bank, when it bought 11% of the Bank of Shanghai.
The agreement is a further step by HSBC to move into the fast-growing Chinese market to offset slowing growth in Hong Kong.
news.bbc.co.uk /1/hi/business/2288839.stm   (294 words)

  
 cviccs_en.htm
Welcome to Fujian Normal University (hereafter FNU) located at beautiful Cangshan District, Fuzhou, the capital city of Fujian Province and a famous overseas Chinese hometown in southeast China.
Under normal conditions, those seeking to enrol in September should apply before the end of June;those seeking to enrol in February should apply before the end of December of the previous year; those seeking to enrol in April (elementary Chinese class) should apply before the end of January.
The University is conveniently situated within easy walking distance of banks, post offices, hospitals, supermarkets and shops.
www.fjnu.edu.cn /iccs/cviccs_en.htm   (1754 words)

  
 Sidley Austin Client Resources December 8, 2004 - Asian Edition
It was been reported on December 2, 2004 that the PRC opened five more cities to foreign banks to allow such banks to conduct business denominated in Chinese yuan with local and overseas companies.
On December 3, 2004, the SEC issued a release adopting Rule 203(b)(3)-2 and related rule amendments under the Investment Advisers Act of 1940.
On December 2, 2004, the SEC announced that in order to promote the integrity and efficiency of the US clearance and settlement system, new Rule 17Ad-20 under the 1934 Act will be adopted.
www.sidley.com /news/pub.asp?PubID=11275212152004   (1002 words)

  
 List of banks - Wikipedia, the free encyclopedia
Overseas Chinese Banking Coorporation Finance (M) Berhad (OCBC Finance)
ABN AMRO Bank (M) Bangkok Bank (M) Bank of America (M) Bank of China (M) Bank of Tokyo-Mitsubishi UFJ (M) Citibank(M) Deutsche Bank (M) Bank (M) Bank (M) Standard Chartered Bank (M) The Bank of Nova Scotia (M) Morgan Chase Bank (M) United Overseas Bank (M) edit]
Bank of Athens (merged with EFG Eurobank Ergasias)
en.wikipedia.org /wiki/List_of_banks   (597 words)

  
 Hang Seng bank gets nod for more yuan business - News - Muzi.com
Hang Seng had previously in China been allowed to deal in foreign currency with overseas and Chinese clients.
Foreign banks are eager to gain more access to China, the world's most populous nation with 1.3 billion people and about US$1.2 trillion in personal savings.
Other banks, such as Citibank, HSBC, Hong Kong-based Bank of East Asia and Japan's Mizuho Financial Group, already have approval to undertake yuan-denomniated business in 13 cities, as China gradually opens up its sheltered financial market.
news.beststar.com /ll/english/1301650.shtml   (427 words)

  
 CNN.com - China bank joining Hang Seng index - Nov. 11, 2002
Its parent, the Bank of China, is one of China's four big state-owned banks and the only one yet to achieve an overseas listing.
Wang, the former head of the bank's New York operations, left the bank at the start of 2000 and in January was removed from his Chinese banking positions.
Last month ratings agency Fitch said BOC Hong Kong's financial position and profitability was improving, but it still needed to reduce its percentage of non-performing loans to match the level of leading Hong Kong banks.
archives.cnn.com /2002/BUSINESS/asia/11/11/china.banking.biz   (680 words)

  
 Alexander's Gas & Oil Connections - Hong Kong and Shanghai complement each other
Besides 16 Chinese banks, Shanghai, has branches of only 47 overseas banks, nine of which have just got approval for conditionally doing business in Renminbi currency in the Pudong New Area, says Wong.
June 2, 1997 Hong Kong and Shanghai are expected to shine together as international financial centres after China resumes the exercise of sovereignty over Hong Kong on July 1.
Hong Kong ranks the world's fifth in daily trading of foreign exchange and seventh in foreign exchange reserves and stock market.
www.gasandoil.com /goc/news/nts72503.htm   (680 words)

  
 China Construction Bank Becomes Trustee for HSBC
This was the first trust agreement signed between a Chinese bank and an overseas QFII since the QFII system was pushed forward at the end of May.
According to an agreement signed here Tuesday between the two banks, the CCB was entrusted to serve the HSBC's investment in China.
With trustee status, commercial banks can provide all-round services for QFIIs, including the opening of accounts, asset custody, capital clearing and information consultation.
english.peopledaily.com.cn /200309/10/eng20030910_124048.shtml   (332 words)

  
 How James Riady Makes Himself Indispensable (int'l edition)
When other ethnic Chinese business leaders were still sweeping up broken glass after last year's riots, James T. Riady was already lobbying overseas Chinese investors as President B.J. Habibie's new ''business ambassador.'' In January, Habibie's government gave Riady's Lippo Bank $500 million in recapitalization funds before eight other qualified banks knew the money was available.
Riady vigorously denies that he is a Habibie crony.
Riady's survival is also a measure of his acumen.
www.businessweek.com /1999/99_23/b3632014.htm   (540 words)

  
 GARP : Risk News : Risk eNews Article
Those achievements created a steady opening of the capital market, an increase in the number of institutes from overseas in Chinese securities and stock market and foreign-funded enterprises, the easing of restrictions on financial market access, and a rapid increase in the number of products and the scope of the financial market.
To cope with the Asian financial crisis since 1998, the Chinese government kept the commitment not to devaluate RMB and narrowed the floating range of the RMB exchange rate, thus contributing to the economic stability of Asia and the world.
In recent years, China has done a lot of related work in improving the RMB exchange rate mechanism, citing the accelerated pace in the reform of State-owned commercial banks, convertibility under the RMB current accounts and steady relaxed restriction on capital accounts.
www.garp.com /risknews/newsfeed.asp?Category=6&MyFile=2004-10-01-9477.html   (391 words)

Try your search on: Qwika (all wikis)

Factbites
  About us   |   Why use us?   |   Reviews   |   Press   |   Contact us  
Copyright © 2005-2007 www.factbites.com Usage implies agreement with terms.