Shenzhen Development Bank Co Ltd

Type: Company
Name: Shenzhen Development Bank Co Ltd (Shenzhen Development Bank Company Ltd)
First reported Apr 29 2013 - Updated Apr 29 2013 - 1 reports

Bank profit growth nosedives

According to the China Banking Regulatory Commission (CBRC), overall profit in the countrys banking industry grew 19% down sharply from a record 39% in 2011, but nonetheless exceeding analyst expectations. Profit growth was below the average for all but ... [Published Asset Magazine - Apr 29 2013]
First reported Apr 26 2013 - Updated Apr 26 2013 - 1 reports

Japan's SMBC said in talks for TPG's Indonesia bank stake

TPG executives were in Tokyo this week for another round of talks, one person with knowledge of the matter said. It was not immediately clear what TPG plans to do with its remaining 18.5 percent stake, although the buyout firm may sell the shares in the ... [Published International Business Times Canada - Apr 26 2013]

Quotes

~ "It works out at about 15 percent of government spending included in the national budget," said Feng. "But annual government spending on social security is now about 1 trillion yuan, or about 11 percent of budget outlays."

More Content

All (10) | News (7) | Reports (0) | Blogs (0) | Audio/Video (0) | Fact Sheets (3) | Press Releases (0)
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Issue 619 13-05-2013 [Published Economic Observer - May 13 2013]
KKR Emerging as Asia Buyout Winner Beating Carl... [Published Bloomberg - May 09 2013]
Bank profit growth nosedives [Published Asset Magazine - Apr 29 2013]
Sumitomo in talks to buy Indonesian lender [Published Gulf News - Apr 29 2013]
Reuters – Japan’s SMBC in Talks for TPG’s Indon... [Published PE Hub News - Apr 29 2013]
Japan's SMBC said in talks for TPG's Indonesia ... [Published International Business Times Canada - Apr 26 2013]
UPDATE 1-Japan's SMBC said in talks for TPG's I... [Published Yahoo! UK and Ireland - Apr 26 2013]
Fact Sheet for Shenzhen Development Bank Co Ltd [Published Silobreaker - May 04 2010]
Fact Sheet for Shenzhen Development Bank Compan... [Published Able2Act - Jul 04 2008]
Fact Sheet for Shenzhen Development Bank Compan... [Published Able2Act - Mar 18 2008]
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