Search results
Results from the WOW.Com Content Network
Lippo Centre in Hong Kong. The Lippo Group began with Lippo Bank, later using this as a platform for regional property development projects.In 2001, the Lippo Group delved into the education market with the newly minted Putian University (in Putian, Fujian Province, China) by providing international training (using English) for specially-selected accounting and computer science students.
In 2001, Lippo China Resources re-acquired 50% shares of Lippo CRE (Financial Services) Limited (which owned 58.78% shares of HKCB Bank Holding), as well as an additional 5.84% shares of HKCB Bank Holding from China Resources Enterprise for about HK$1.8 billion, effectively buying 35.23% interests in HKCB Bank Holding. [6]
In March 1989, Bank Perniagaan Indonesia was renamed as Lippo Bank controlled by Mochtar Riady together with the Lippo Group. Indonesia sold the stake in Bank Lippo as part of asset disposals aimed at cutting the government's budget deficit and recouping the 450 trillion rupiah it spent to bail out banks after the 1997 Asian financial crisis ...
The HKCB Bank Holding Company Limited was incorporated in 1992 (and registered as a foreign company in Hong Kong on 20 October 1992). In 2001, the subsidiary Hongkong Chinese Bank was sold to CITIC Ka Wah Bank for HK$4.2 billion. [2] [3] The holding company itself was renamed to Hongkong Chinese Limited on 8 February 2002. [4]
The Hongkong Chinese Bank Limited (HKCB) (Traditional Chinese: 香港華人銀行有限公司) was a bank in Hong Kong. It was owned by HKCB Bank Holding Company Limited ( SEHK : 655 ), which in turn was majority owned by a joint venture company owned by listed companies Lippo China Resources and the China Resources Enterprise .
It formed in 1996 by the Lippo Group based in Hong Kong.It acquired Urban Bank in 2001 after the latter collapsed due to its closure by the Bangko Sentral ng Pilipinas.. It was placed under receivership by the Philippine Deposit Insurance Corporation (PDIC) on April 27, 2012, after it was closed by the Bangko Sentral ng Pilipinas on the basis of being insolvent. [1]
Whoopi Goldberg admits she'd leave “The View” if she had more money, says she's having 'a hard time' like many Americans
2008: CIMB Group entered into an agreement for a 19.99% stake in Bank of Yingkou adding mainland China to the Group's network. In the same year CIMB Group undertook the merger of PT Bank Niaga TBK with PT Bank Lippo Tbk to create the sixth-largest bank in Indonesia. CIMB Group and the Principal Financial Group launched CIMB-Principal Islamic ...