Download Banking and Currency in Hong Kong: A Study of Postwar by Y. C. Jao PDF

By Y. C. Jao

Show description

Read Online or Download Banking and Currency in Hong Kong: A Study of Postwar Financial Development PDF

Best banking books

Financial Services Marketing: An international guide to principles and practice

Monetary companies advertising and marketing: a world consultant to rules and perform comprises the correct stability of selling thought and perform to entice complicated undergraduates and people on specialist classes akin to the Chartered Institute of Banking. Taking a global and strategic view of an more and more vital and aggressive quarter, monetary prone advertising adopts a clean procedure when it comes to constitution, and is organised round the center advertising actions of selling for acquisition and advertising for retention.

The Impact of Local Government Modernisation Policies on Local Budgeting-CIMA Research Report: The impact of third way modernisation on local government budgeting

This CIMA learn record makes a speciality of post-1997 coverage options for the general public quarter and their influence on conventional budgeting practices. In gentle of modern disasters to reform neighborhood budgeting submit 1997, it seeks to differentiate among unique intentions of reform and their effects supplying choices to neighborhood govt modernisation, acceptable adjustments in strategic partnerships, and new organisational constructions.

Competitor analysis in financial services

This is often the 1st accomplished expert advisor to the techniques and methods of competitor research for the monetary prone undefined. It explains tips on how to arrange platforms and versions to spot and examine rivals and their items.

Additional resources for Banking and Currency in Hong Kong: A Study of Postwar Financial Development

Sample text

They are tightly held family businesses managed by traditional methods. All of them are members of the Chinese Gold and Silver Exchange, in which spot and forward dealings in gold 40 The Institutional Framework and foreign currencies are transacted. Under the relentless pressure of events in recent years, most native banks have incorporated and reorganised themselves into modern banks. The best examples are Hang Seng, Kwong On, Wing Lung and Dao Heng. It is expected that this trend will continue, and as the native banks as a whole are the weakest link of the banking system in terms of capital structure, management and operations, the move towards modernisation is a welcome sign.

6. While the GDP figures must be regarded as tentative estimates, there is nevertheless an unmistakable uptrend (except for declines in 1965 and 1967) in the bank assets/GDP ratio, signifying an impressive expansion of the banking sector relative to the economy. Last but not least, the net worth of the banking sector may also be used as a criterion of growth. Indeed from the private bankers' point of view this may well be the more appropriate yardstick, since the enlargement of capital accounts is ultimately what bank managements are striving for.

G. Chiyu and Hua Chiao). The second sub-group may be called the Overseas Chinese banks. These are banks established by overseas Chinese domiciled outside China and Hong Kong. Some of them are incorporated in Hong Kong, while others are branches of large banks based in Malaysia, Singapore or elsewhere. The third sub-group comprises the local modern banks, which are incorporated in Hong Kong and run on modern lines. g. ) The fourth sub-group comprises the so-called native banks. They are indigenous financial institutions (ch'ien-chuang, yinhao, and p'iao-hao in Chinese) that as a genre can boast of ancient origins.

Download PDF sample

Rated 4.87 of 5 – based on 43 votes