Seng Heng Bank : History and Acquisition by Industrial and Commercial Bank of China
1st ed. 2021
Book Details
Format
Hardback or Cased Book
ISBN-10
9811603979
ISBN-13
9789811603976
Edition
1st ed. 2021
Publisher
Springer Verlag, Singapore
Imprint
Palgrave Macmillan
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Apr 8th, 2021
Print length
106 Pages
Product Classification:
AsiaEconomicsFinanceFinance and the finance industryCorporate finance
Ksh 9,900.00
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This book examines the success story of Seng Heng Bank (SHB), the successful acquisition of SHB by Industrial and Commercial Bank of China (ICBC), and the continuing sound management and performance of ICBC (Macau).
This book examines the success story of Seng Heng Bank (SHB), the successful acquisition of SHB by Industrial and Commercial Bank of China (ICBC), and the continuing sound management and performance of ICBC (Macau). It shows how a loss-making small bank grew into one of the best banks in Macao and highlights the achievement, awards, and recognition of SHB. The authors detail the SHB acquisition process by ICBC, the biggest bank in the world in terms of total assets. They identify the main contributing factors for the success of SHB and draw conclusions and implications for bank managers in the region and beyond. This book will be of interest to finance professionals and business scholars.
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