海外拓展外文翻譯-其他專(zhuān)業(yè)-文庫(kù)吧資料
2025-01-27 03:48本頁(yè)面
【正文】 so bring Chinese banks great risks in crossborder acquisitions. Apart from economic risks, there are also risks related to politics and sovereignty, said Peng. Some Western countries, in fear of China39。s mercial banks, these regions will offer remarkable opportunities for business expansion and growth. The Asian market will bee a main stage for Chinese banks to carry out their overseas expansion strategies in the ing few years, Guo said. Compared with the European and American financial markets where the supervision is rigid, the cost is high and the chances are rare for any acquisition, the Asian markets provide huge potential for profits and demand low costs for acquisition. Risks and uncertainties Overseas expansion has never been as smooth as ambitious Chinese banks have expected. For instance, China Development Bank and China State Investment Co. are suffering heavy losses from their overseas investments, respectively in Barclays Bank of England and the . Blackstone Group. According to Luo, the major problem with Chinese banks39。s banks have seldom gained a foothold in regions enjoying huge business potential such as South Asia, the Middle East, Africa and Latin America, Wang Lijun, General Manager of BOC39。s Board Chairman, explaining why they took an interest in South Africa39。s top 10 banks by market value last year all got bigger through merger and acquisition activities. According to Xia Bin, Director of the Institute of Finance Research under the Development Research Center of the State Council, overseas acquisition is the most convenient way for banks to implement global expansion strategies as it helps to augment their capital size. The size of a bank changes in direct proportion to customer trust as well as the bank39。s foreign exchange reserves had swelled to $ trillion, remaining the world39。s the right time for Chinese banks to launch overseas expansion, said Luo Zhiheng, General Manager of BOCI Research Ltd. The great pressure of renminbi appreciation and excess domestic liquidity needs to be eased by investing overseas, and besides, it will be a good bargain for Chinese banks to purchase international financial assets against the backdrop of China39。s banking sector has taken on a new look due to the fact that all major stateowned mercial banks have taken pains to rid themselves of historical burdens, lowering the rate of NPLs and preparing for IPOs through shareholding reform over the past several years. For example, CCB, BOC, ICBC and some regional shareholding banks have been listed on the stock market and attracted overseas strategic investors in succession after 2021. By September 30, 2021, ICBC, CCB and BOC ranked, respectively, the world39。s mercial banks suffered from
公司管理相關(guān)推薦
鄂ICP備17016276號(hào)-1