TY  - BOOK
AU  - Huen, Patrick W.M.
AU  - Chen, Jean Jinghan
TI  - Seng Heng bank: history and acquisition by industrial and commercial bank of China
SN  - 9789811603976
U1  - 332.10951 
PY  - 2021///
CY  - Switzerland
PB  - Springer
KW  - Banks and banking
KW  - Bank mergers
KW  - Business enterprises--Finance
N2  - 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
ER  -