A pre-feasibility study on setting up Taiwanese Bank branches in Singapore and Hong Kong | |
| Author | Chung, Mei-yen |
| Call Number | AIT RSPR no.SM-97-31 |
| Subject(s) | Branch banks--Singapore Branch banks--Hong Kong Branch banks--Taiwan |
| Note | A research study submitted in partial fulfillment of the requirements for the degree of Master of Business Administration, School of Management |
| Publisher | Asian Institute of Technology |
| Series Statement | Research studies project report ; no. SM-97-31 |
| Abstract | This study discusses the feasibility of establishing branches in Singapore and Hong Kong for Taiwanese Banks. The analysis topics are shown as follows: 1. The Development of Financial System of Singapore and Hong Kong 2. Financial Provisions Analysis 3. General Operation Environment Aanalysis. 4. Location Evaluation. The conclusions are presented as below: Singapore 1. Moneytary Authority of Singapore (MAS) played an active role in developing and promoting Singapore as an international financial center. The government also realized that financial liberalization went hand in hand with financial sector development. 2. MAS evaluates the application qualifications of foreign banks very strictly, because they think that there are too many foreign banks in Singapore already. Almost no foreign banks got certification since 1973, except Offshore Banks. 3. The potential market of Taiwanese banks in Singapore is Southeast Asia Countries. Most banks make positive profitability in Singapore. 4. Taiwanese banks could setup a representative office, required by MAS before setting up a branch, and apply for an Asian Currency Unit (ACU) license at the same time. Hong Kong 1. In recognition of the importance of market infrastructure in fostering the efficiency, integrity and development of the financial system in Hong Kong, the Hong Kong Monetary Authority (HKMA) has been pursuing a series of reform measures to upgrade the interbank payment and settlement systems. 2. The Capital Funds are required by HKMA when banks apply for a banking license. It is required that Capital funds of Licensed Banks should be more than HK$150 million, Restricted Banks should be more than HK$100, and Deposit-taking Companies should be more than HK$25 million. 3. The potential customers of Taiwanese banks in Hong Kong are Taiwanese companies in China. Most of banks make positive profitability in Hong Kong. According to the survey, most of them are confident for Hong Kong after 1997. 4. Taiwanese banks could set up a representative office first, required by HKAM, then they could apply for status as licensed banks. |
| Year | 1997 |
| Corresponding Series Added Entry | Asian Institute of Technology. Research studies project report ; no. SM-97-31 |
| Type | Research Study Project Report (RSPR) |
| School | School of Management (SOM) |
| Department | Other Field of Studies (No Department) |
| Academic Program/FoS | Master of Business Administration (MBA) (Publication code=SM) |
| Chairperson(s) | Speece, Mark |
| Examination Committee(s) | Bechter, Clemens;Tang, John C.S. |
| Scholarship Donor(s) | Government of Republic of China |
| Degree | Research studies project report (M.BA.) - Asian Institute of Technology, 1997 |