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Seng Heng Bank - History and Acquisition by Industrial and Commercial Bank of China (Hardcover, 1st ed. 2021): Patrick W.M.... Seng Heng Bank - History and Acquisition by Industrial and Commercial Bank of China (Hardcover, 1st ed. 2021)
Patrick W.M. Huen, Jean Jinghan Chen, Minghua Liu
R1,829 Discovery Miles 18 290 Ships in 10 - 15 working days

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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