Opinion on Retail Banking and Lending in China

Published within

« | 1 | 2 | 3 | » »|

Type Product title / description Pub Price
CommentWire
CommentWire

AIG: lure of the Orient

AIG [AIG] intends to steal a march on its rivals by launching a credit card in China. The insurance giant is awaiting regulatory approval and is yet to announce whether it will introduce a card in local or foreign currency. This diversification away from insurance and towards personal finance should prove to be a profitable move.

Published By Datamonitor
08 Jan 2004
CommentWire
CommentWire

ANZ: Asian expansion on the horizon

ANZ, one of the four largest Australian banks, is planning to expand substantially in Asia. In the next four years, the bank intends to add hundreds of retail outlets in the region. This comes at a time when Australian banks are battling to achieve scale.

Published By Datamonitor
18 Jun 2008
CommentWire
CommentWire

ANZ: looking to capitalize on China's growing economy

While many Australian banks are refocusing their domestic operations, ANZ has set its sights on transforming its operations in China. The bank aims to rapidly expand its footprint in several high-growth regions out to 2012, thus capitalizing on the country's economic recovery.

Published By Datamonitor
26 Mar 2009
Expert View
Expert View

Australia's banks are competing for Chinese immigrants

To gain market share in Australia's saturated and mature retail deposits market, banks have increasingly focused on Chinese immigrants, who form the largest Asian migrant group. However, banks rarely put the same effort into other equally or even more attractive migrant segments. Therefore, they need to step up the targeting of other groups such as the smaller, but fast growing Indian population.

Published By Datamonitor
17 Sep 2012
Expert View
Expert View

Balance is key to averting Asian credit card turmoil

Recent events in South Korea have overshadowed more general concerns about the direction of Asian credit card markets. While turmoil in South Korea has been the most high profile, Datamonitor's Alex Boorman argues that the contributory factors are not too dissimilar from those that are noticeable elsewhere in the region...

Published By Datamonitor
13 Feb 2004
CommentWire
CommentWire

Bank of Communications: IPO interest signals hope for Chinese banks

Shares in the Bank of Communications surged on its first day of trading. Although the Chinese government hopes IPOs such as this will help its leading banks in the run-up to opening the market to foreign investors, doubts remain as to whether the IPOs of the other three state banks will go down as well.

Published By Datamonitor
24 Jun 2005
CommentWire
CommentWire

Chinese banking: overseas investment could be sweet or sour

The $4.7 billion combined investment by Royal Bank of Scotland and Temasek in Bank of China has been put in jeopardy by hesitant Chinese shareholders worrying about an increasing level of foreign influence. Unless outside investment in China's financial sector is disciplined and measured in its ambitions, it is likely that local resentment over western involvement will continue to grow.

Published By Datamonitor
03 Nov 2005
CommentWire
CommentWire

Chinese banking: tough decisions ahead

China's entry into the WTO provided a timeline to market liberalization as well as opening the door to the $1.4 trillion of consumer assets within the country. Part of these developments, the creation of China's new independent banking regulator and watchdog, should boost a growing confidence in the Chinese banking industry.<BR />

Published By Datamonitor
24 Apr 2003
Expert View
Expert View

Chinese banks are expanding abroad to make up for the worsening economic outlook back home

This August, usually a rather uneventful month for business, saw Chinese banks rushing to expand abroad. This occurred against the backdrop of a bad economic outlook at home, which may have been a reason for Chinese banks to feel incentivized to seek funds, know-how, and growth outside their domestic market.

Published By Datamonitor
13 Sep 2012
CommentWire
CommentWire

Chinese credit cards: Guangdong's confidence should encourage foreign interest

Having broken even in 2004 and become the first Chinese bank to move into the black in the credit card business in 2005, Guangdong Development Bank is hoping to double its earnings in 2006. This first tangible example of profit making coupled with Guangdong's desire to secure a foreign partner is sure to generate significant interest from abroad.

Published By Datamonitor
10 Mar 2006

« | 1 | 2 | 3 | » »|

No help is available.