Foreign Banks

Violaine Cousin

Chapter 10 in Banking in China, 2011, pp 133-137 from Palgrave Macmillan

Abstract: Abstract Foreign banks, in the past five years, had a market share hovering around 2% of all loans.1 For foreign currency loans in China, they had a larger market share of 20%. The same holds for the Shanghai market. A survey by McKinsey has shown how difficult it can be for foreign banks to secure market share in China: large branch networks still play an important role and Chinese customers are loyal to their banks, with banking relationships lasting on average between nine and 12 years (Bekier and Lam, 2005).

Keywords: Foreign Bank; Banking Relationship; Interbank Market; Large Market Share; Foreign Enterprise (search for similar items in EconPapers)
Date: 2011
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DOI: 10.1057/9780230306967_10

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