Bank of Ningbo Co Ltd

Type: Company
Name: Bank of Ningbo Co Ltd (Bank of Ningbo Co. Ltd)
Nationality: China
Web Address: http://www.nbcb.com.cn/
Fact Sheet: Fact Sheet for Bank of Ningbo Co., Ltd.
First reported 22 hours ago - Updated 22 hours ago - 1 reports

Banks court regional SMEs while waiting on S'pore Inc

THE proposed bid for Wing Hang Bank by OCBC Bank prompts a closer look at the way the three homegrown lenders are gunning for small and medium-sized (SME) businesses on a regional level, especially as SMEs here are more preoccupied with cost than exp ... [Published MyPaper.sg - 22 hours ago]
First reported Apr 04 2014 - Updated Apr 04 2014 - 1 reports

Spooked by defaults, China banks begin retreat from risk

By | Reuters  –By Fayen Wong and Matthew MillerBEIJING (Reuters) - Some of China's struggling firms are finally getting the reception that regulators have been hoping for -- a cold shoulder from banks in the form of smaller and costlier loans.Reuters ... [Published Yahoo! India - Apr 04 2014]
First reported Apr 01 2014 - Updated Apr 01 2014 - 1 reports

Singapore OCBC Makes Near US$5 Billion Offer For Wing Hang Bank -- Update

By P.R. Venkat and Yvonne LeeSINGAPORE-- Oversea-Chinese Banking Corp. has agreed to buy Wing Hang Bank Ltd., a family-owned bank in Hong Kong for close to US$5 billion, the largest acquisition by the Singapore bank on record.Singapore's second-biggest ... [Published 4 Traders - Apr 01 2014]
First reported Apr 01 2014 - Updated Apr 01 2014 - 1 reports

Singapore’s O.C.B.C. Reaches Deal for Hong Kong Bank

HONG KONG — One of Singapore’s oldest banks said Tuesday it would pay nearly $5 billion for one of the last major family-owned banking groups in Hong Kong.The Oversea-Chinese Banking Corporation, a Singaporean bank known as O.C.B.C., said it had reached ... [Published Gnom.es - Apr 01 2014]
First reported Mar 31 2014 - Updated Mar 31 2014 - 1 reports

China focus: Listed banks likely to continue to see profit growth drop, bad loan

Ten of the 16 A-share listed Chinese banks had issued their 2013 financial reports by Monday, and the big-four banks still exhibited prudent performance, but the better-than-expected results of some banks cannot reverse the slowing profit growth of the ... [Published Individual.com - Mar 31 2014]
First reported Mar 27 2014 - Updated Mar 27 2014 - 2 reports

China's Credit Pipeline Slams Shut: Companies Scramble For The Last Drops Of Liquidity

One of our favorite charts summarizing perfectly the Chinese credit bubble, better than any other, is the following which compares bank asset (i.e., loan) creation in China vs the US .It goes without saying that while the blue line has troubles of its ... [Published Zero Hedge - Mar 27 2014]
First reported Mar 26 2014 - Updated Mar 26 2014 - 1 reports

Spooked by defaults, China banks begin retreat from risk

Companies with elevated debt report lower credit caps, higher rates High debt firms talk of more scrutiny, documentation required Little change in funding conditions for profitable, less indebted firms Bankers talk of risk reassessment in face of threat ... [Published CNBC - Mar 26 2014]
First reported Mar 25 2014 - Updated Mar 25 2014 - 1 reports

Harbin Bank prices IPO at bottom of range

Asia’s largest IPO of the year-to-date priced near the bottom end of its indicative price range on Tuesday morning.  A 3.02 billion share deal for Harbin Bank came in at HK$2.9 per share, raising HK$8.76 billion ($1.13 billion) pre greenshoe.At first ... [Published Finance Asia - Mar 25 2014]
First reported Mar 24 2014 - Updated Mar 24 2014 - 1 reports

REUTERS SUMMIT-OCBC may raise Bank of Ningbo stake if China relaxes ownership rules

SINGAPORE, March 24 (Reuters) - Oversea-Chinese Banking Corp Ltd (OCBC), Singapore's second-biggest lender, said a relaxation of Chinese bank ownership rules could prompt it to raise its stake in Bank of Ningbo Co Ltd to above 20 percent.OCBC, No. 2 to ... [Published CNBC - Mar 24 2014]
First reported Mar 21 2014 - Updated Mar 21 2014 - 1 reports

Foreigners allowed bigger stakes in Chinese firms

Foreign investors can own more of a listed Chinese company after rules were relaxed to draw long-term overseas capital.Qualified Foreign Institutional Investors (QFII) and Renminbi Qualified Foreign Institutional Investors (RQFII) can hold up to 30 percent ... [Published China.org.cn - Mar 21 2014]
First reported Jan 14 2014 - Updated Jan 14 2014 - 1 reports

Singapore’s OCBC agrees to $303 million deal

Singapore's Oversea-Chinese Banking Corp has agreed to raise its stake in Bank of Ningbo to 20% from 15.34% for about S$383 million (RM985.8 million), the latest step in a drive to extend its footprint in China. The transaction will be funded through ... [Published The Malaysian Insider :: Business - Jan 14 2014]

Quotes

"Few banks are able to retreat completely even if they should" said a banker at another regional Chinese bank who declined to be named
"Hong Kong is fast becoming more competitive given increasing presence of larger banks. Against this backdrop, we expect niche banks will struggle to be meaningfully profitable" Morgan Stanley said in a note
...said at the banks' result briefing conference that "the bank is looking forward to further cooperation with Alipay", and Alipay also expressed that "it is expecting to continue sound cooperation with big banks"
...1 billion so far this year, compared with 23 issues that raised $8.1 billion in the year-earlier period . "That said, quite a number of developers have demonstrated the ability to access alternative markets, such as the offshore syndicated loan markets as another means of raising capital" said Swee Ching Lim, Singapore-based credit analyst with Western Asset Management

More Content

All (18) | News (14) | Reports (0) | Blogs (1) | Audio/Video (0) | Fact Sheets (3) | Press Releases (0)
sort by: Date | Relevance
Banks court regional SMEs while waiting on S'po... [Published MyPaper.sg - 22 hours ago]
Spooked by defaults, China banks begin retreat ... [Published Yahoo! India - Apr 04 2014]
Singapore OCBC Makes Near US$5 Billion Offer Fo... [Published 4 Traders - Apr 01 2014]
Singapore’s O.C.B.C. Reaches Deal for Hong Kong... [Published Gnom.es - Apr 01 2014]
China focus: Listed banks likely to continue to... [Published Individual.com - Mar 31 2014]
China's Credit Pipeline Slams Shut: Companies S... [Published Zero Hedge - Mar 27 2014]
China's Credit Pipeline Slams Shut: Companies S... [Published Zero Hedge - Mar 27 2014]
Spooked by defaults, China banks begin retreat ... [Published CNBC - Mar 26 2014]
Harbin Bank prices IPO at bottom of range [Published Finance Asia - Mar 25 2014]
OCBC eyes expansion in Greater China over anoth... [Published Today Online - Mar 24 2014]
OCBC eyes expansion in Greater China over anoth... [Published Reuters - Mar 24 2014]
REUTERS SUMMIT-OCBC eyes expansion in Greater C... [Published CNBC - Mar 24 2014]
REUTERS SUMMIT-OCBC may raise Bank of Ningbo st... [Published CNBC - Mar 24 2014]
Foreigners allowed bigger stakes in Chinese firms [Published China.org.cn - Mar 21 2014]
Singapore’s OCBC agrees to $303 million deal [Published The Malaysian Insider :: Business - Jan 14 2014]
Fact Sheet for Bank of Ningbo Co., Ltd. [Published Able2Act - Jun 17 2008]
Fact Sheet for Bank of Nanjing Co Ltd [Published Able2Act - Jun 17 2008]
Fact Sheet for Bank of Ningbo Co., Ltd. [Published Able2Act - Mar 18 2008]
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China's Credit Pipeline Slams Shut: Companies S... [Published Zero Hedge - Mar 27 2014]
One of our favorite charts summarizing perfectly the Chinese credit bubble, better than any other, is the following which compares bank asset (i.e., loan) creation in China vs the US .   It goes without saying that while the blue line has ...
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