AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Fubon Financial Plans to Buy Into City-level Bank in China.
(From Taiwan Economic News)
Taipei, Nov. 23 2005 (CENS)--In order to bypass the barrier for Taiwanese banks to tap the mainland Chinese market, Fubon Financial Holding plans to have its affiliated Fubon Hong Kong Bank invest in city-level commercial banks in China
Fubon plans to spend some NT$1 billion-2 billion for such investment, since foreigners can at most retain 20% shareholding in Chinese banks and most of these city-level banks are capitalized at around 2 billion yuan. Fubon Financial used to treat its Hong Kong branch as the springboard for developing the Chinese-market business, including providing loans and wealth-management services to Taiwanese …
-
- Fubon Financial eyes China's IBA.
-
Newspaper article from: The Daily Deal
February 12, 2004
700+ words
-
- Taiwan's Fubon buys Hong Kong's IBA.
-
Newspaper article from: The Daily Deal
September 9, 2003
700+ words
-
- Taiwanese bank allowed to set up branch in Hong Kong.
-
Newspaper article from: BBC Monitoring International Reports
December 2, 2005
700+ words
-
- Hong Kong shares outlook - Higher on Wall Street gains; techs, banks firmer.
-
News wire article from: Asia Africa Intelligence Wire
September 9, 2003
700+ words
-
- First FHC to Enter Mainland Financial Market via Hong Kong.
-
News wire article from: Asia Africa Intelligence Wire
January 8, 2004
700+ words
