Bad loans, China exposure threaten Citic Ka Wah stock

Article Abstract:

Investors may have to look into a longer-term perspective to see more of the potential benefits of investing in Citic Ka Wah Bank. Recent reports on the performance of the Hong Kong-based bank relative to its exposure in China, are sending future investors away. The bank's figures on bad loans have caused its share prices to dip as low as 20% in the market. However, its reported asset is more than enough to write off all its bad loans.

Commercial Bank Retail Svcs, Retail banking, Loan servicing, Citic Ka Wah Bank Ltd.

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Shares of Philippine banks face even gloomier forecasts

Article Abstract:

The shares of Bank of the Philippine Islands (BPI) and Metropolitan Bank Group Inc are expected to drop in the second quarter of 1997 as earnings continue to drop due to loan overexposure and currency devaluation. The two banks expanded their loan portfolios aggressively in anticipation that the solid economic growth that the country experienced in 1996 would be carried over in 1997.

Influence, Securities, Philippines, Currency devaluation, Devaluation (Currency), Bank of the Philippine Islands, Metropolitan Bank Group Inc. (Los Angeles, California)

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Businesspeople have few ways to tap the city's capital

Article Abstract:

Hong Kong businesses implement few ways of tapping the country's capital resources due to the hands-off policy of the government and the inability of companies to list public shares. The country's financial services sector are highly selective of the businesses they finance that entrepeneurs try to get financial backing from other sources such as friends and relatives.

Business Financing, Capital Management-Internal Funds NEC, Management, Financial services industry, Financial services, Capital markets, Hong Kong, Business budgets, Entrepreneurship, Capital budgets

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