Seng Heng Bank

History and Acquisition by Industrial and Commercial Bank of China

Authors: Huen, Patrick, Chen, Jean, Liu, Ming-Hua

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  • Provides a case study of a bank's attempts to diversify its business to cope with the economic changes
  • Discovers how a bank in Macau became a platform for improving the economic ties between Portugal, Macao and China
  • Explores how cross-border integration in the era of 'One Country, Two Systems' played out in practice in Macau
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eBook 46,00 €
price for Spain (gross)
  • ISBN 978-981-16-0398-3
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover 57,19 €
price for Spain (gross)
  • ISBN 978-981-16-0397-6
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  • Institutional customers should get in touch with their account manager
  • Covid-19 shipping restrictions
  • Usually ready to be dispatched within 3 to 5 business days, if in stock
  • The final prices may differ from the prices shown due to specifics of VAT rules
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.

About the authors

Mr Patrick W.M. Huen is Vice-Chairman and Executive Director of ICBC (Macau) and was CEO of Seng Heng Bank before its acquisition by ICBC. He is also 2nd Vice Chair of the University Council of University of Macau and Chairman of the Board of Directors of Dr. Stanley Ho Medical Development Foundation.

Dr Jean Jinghan Chen is a Chair Professor in Accounting and Finance and the Dean of Faculty of Business Administration at the University of Macau. She held a Chair Professor in the University of Surrey and the University of Southampton, the UK., and has published over 100 articles in leading international academic journals and several books.

Dr Ming-Hua Liu is an associate professor of finance at University of Macau. He had taught at Nanyang Technological University, Singapore and AUT University, New Zealand before. He was an assistant vice president of DBS Bank in Singapore. He has received awards in teaching, research and services.


Table of contents (6 chapters)

Table of contents (6 chapters)

Buy this book

eBook 46,00 €
price for Spain (gross)
  • ISBN 978-981-16-0398-3
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover 57,19 €
price for Spain (gross)
  • ISBN 978-981-16-0397-6
  • Free shipping for individuals worldwide
  • Institutional customers should get in touch with their account manager
  • Covid-19 shipping restrictions
  • Usually ready to be dispatched within 3 to 5 business days, if in stock
  • The final prices may differ from the prices shown due to specifics of VAT rules

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Bibliographic Information

Bibliographic Information
Book Title
Seng Heng Bank
Book Subtitle
History and Acquisition by Industrial and Commercial Bank of China
Authors
Copyright
2021
Publisher
Palgrave Macmillan
Copyright Holder
The Editor(s) if applicable and The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.
eBook ISBN
978-981-16-0398-3
DOI
10.1007/978-981-16-0398-3
Hardcover ISBN
978-981-16-0397-6
Edition Number
1
Number of Pages
XVIII, 106
Number of Illustrations
22 b/w illustrations
Topics