Seng Heng bank: history and acquisition by industrial and commercial bank of China

By: Huen, Patrick W.MContributor(s): Chen, Jean JinghanMaterial type: TextTextPublication details: Switzerland Springer 2021 Description: xviii, 106 pISBN: 9789811603976Subject(s): Banks and banking | Bank mergers | Business enterprises--FinanceDDC classification: 332.10951 Summary: About this book 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.
List(s) this item appears in: Finance & Accounting | HR & OB
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Item type Current library Collection Call number Copy number Status Date due Barcode
Book Book Indian Institute of Management LRC
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Finance & Accounting 332.10951 HUE (Browse shelf(Opens below)) 1 Available 002869

About this book
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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