The Research on Financial Situation of ICBC’s Mergers and Acquisitions Case
ICBC (Asia) acquired Fortis Bank Asia HKs (FBAHK) retail and commercial banking operations on 30 April 2004. FBAHK has been renamed Belgian Bank and became a wholly-owned subsidiary of ICBC (Asia). This article mainly researches the ICBC’s performance and changes of competitive in financial view.This paper has three parts. The first part is a brief introduction about the background and reasons of the merger. The second part is establishing DuPont Model. We calculated four banks’ relevant financial ratios from 2003 to 2008 the first three quarters to reach a conclusion. There are four banks using in the article, Industrial and Commercial Bank of China, China Merchants Bank, Shenzhen Development Bank and Pudong Development Bank. We used Analytic Hierarchy Process to select the best bank in financial view from 2003 to 2008 the first three quarters in the third part. Then, we analyzed the changes of the ICBC’s status in the bank industry. The research finds that the ICBCs financial competitive and situation were better after the merger strategy.
ICBC FBAHK Merger DuPont Model Analytic Hierarchy Process
ZHANG Zhe LV Songjie LI Dandan CHEN Tingting
Faculty of Management and Administration, Macao University of Science and Technology, Taipa, Macao, China
国际会议
2009 International Institute of Applied Statistics Studies(2009 国际应用统计学术研讨会)
青岛
英文
1-11
2009-07-25（万方平台首次上网日期，不代表论文的发表时间）