Last haven for lenders: Asian banks benefit from deregulation and strong local economies

Article Abstract:

Deregulation and flourishing economies helped make Asia's banks among the world's strongest. Freer competition has resulted from deregulation, while prosperity has boosted the demand for capital and hence for lending. Asian banks must now plan the changes necessary to continue to thrive despite a possible economic downturn. These changes include the enhancement of systems, tougher credit policies and better-defined accounting rules. Japanese, Thai, Malaysian, Indonesian, South Korean and Taiwanese banks should all strive to improve efficiency.

Economic aspects, Deregulation

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Looking ever northwards

Article Abstract:

The majority of Hong Kong banks are still determined to cater to the financing needs of China despite the British colony's return to Chinese rule in1997. Among the banks that are fixated on serving China are the Bank of East Asia, Bankers Trust, the Sanwa Bank and the Bank of China. Bank of East Asia has branched out into consultancy work to expand its client coverage. It now gives advice to both foreign and local firms on how to do business in China. Other Asian banks outside Hong Kong also hope to get a slice of the Chinese market.

China, Industry Overview, Services, Hong Kong

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The siren song

Article Abstract:

Asia still draws banks from the world over, though the competition there has become fierce and traditional lending is giving way to more creative and sophisticated ways to profit from credit. Citibank and Hongkong Bank are remarkably strong and operate in many kinds of finance, while others such as JP Morgan develop niches to their full potential. Japanese city banks seeking the profits that elude them at home have created a plethora of longer-term floating-rate notes. Investment banking is in many ways the new paradigm.

Commercial Banking, Investment Banking and Securities Dealing, Investment Banking, Security brokers and dealers, Commercial banks, Management, Investment banks, Cover Story, International banking

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