Additional capital is required to support Merchants Bank's continuing rapid growth.
More Quotes from Ryan Tsang:
Depending on the structure of the partnership, the benefits can be different from bank to bank. But it is certain that having outside investors, the bank's transparency will improve further.Ryan Tsang
There are restrictions on city commercial banks on where they can operate... But through merging together, they can expand their business scales.
Ryan Tsang
We see CCB as a bank on the move. But it remains a work in progress. There is still a lot of ground to cover.
Ryan Tsang
We are optimistic about cooperation between Chinese banks and foreign strategic investors because the banks are committed to reform.
Ryan Tsang
The volatility of Hong Kong's property sector places an added burden on its financial institutions.
Ryan Tsang
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