Too soon for bank bargains
Article Abstract:
Analysts warn that investors should be cautious in investing their money in Asia banks. Asian banks' prominence has gone low following bank corruption scandals in South Korea, and the banking system slump in Japan and Thailand. Recovery, according to an analyst, is attainable, but it will take a while to realize that. However, industry experts argue that the problems being encountered by Asian banks may pave the way towards the consolidation of banking firms in the region.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1997
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Banks pose new challenge
Article Abstract:
Asian banks are facing a number of new problems brought about by the deregulation of the communications industry, real estate devaluation, and government lending policies. Malaysian and Philippine banks have invested heavily in real estate, but an oversupply of office and residential spaces may depress prices. Thai banks are hurting because of bad property and consumer loans.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1997
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Maybank, HSBC qualify: full-bank status will let firms expand scope
Article Abstract:
The Monetary Authority of Singapore has granted licenses to HSBC Holdings PLC and Malayan Banking Bhd. to offer banking services in Singapore. The government hopes to liberalize the public banking system in order to increase trade and capital in the country.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
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