Seng Heng Bank (1972–2007)

Patrick W. M. Huen (), Jean Jinghan Chen () and Ming-Hua Liu
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Patrick W. M. Huen: Industrial and Commercial Bank of China (Macau) Limited
Jean Jinghan Chen: University of Macau

Chapter Chapter 3 in Seng Heng Bank, 2021, pp 23-56 from Springer

Abstract: Abstract Chapter 3 describes the origin of Seng Heng Bank, its business model, expansion strategy, and its corporate governance. We examine its past financial performance and consider its strengths, weaknesses, opportunities and threats prior to the acquisition by ICBC. SHB grew from a loss-making bank into one of the best banks in Macau, performing very well in bad times as well as good. It had received many awards and achieved an impressive rate of return to shareholders of over 21% per year over the 20-year period.

Keywords: Business model; Expansion strategy; Corporate governance; ROA; ROE; SWOT; Seng Heng Bank (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-16-0398-3_3

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DOI: 10.1007/978-981-16-0398-3_3

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