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.
More Quotes from 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
Japanese banks are reporting some meaningful profit figures, Korean banks are improving their risk management techniques and in Taiwan, the regulatory regime appears to be changing for the better, although politics on the island may prove a stumbling block.
Ryan Tsang
Additional capital is required to support Merchants Bank's continuing rapid growth.
Ryan Tsang
We are optimistic about cooperation between Chinese banks and foreign strategic investors because the banks are committed to reform.
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
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