Hang Seng Bank Ltd (0011.HK)
19 Jul 2018
Latest Key Developments (Source: Significant Developments)
Feb 20 (Reuters) - Hang Seng Bank Ltd <0011.HK>::FY ATTRIBUTABLE PROFIT UP 23% TO HK$20,018 MILLION.FOURTH INTERIM DIVIDEND OF HK$3.10 PER SHARE.CAPITAL EQUITY TIER 1 CAPITAL RATIO WAS 16.5% AT 31 DECEMBER 2017.FY NET INTEREST INCOME HK$24.58 BILLION VERSUS HK$22.25 BILLION."WITH MAINLAND ECONOMY NOW SETTLING INTO `NEW NORMAL' ERA OF DEVELOPMENT, FORECAST FULL-YEAR GDP GROWTH OF 6.6% FOR 2018".EXPECTS FULL-YEAR GDP GROWTH IN HONG KONG TO SLOW SLIGHTLY TO 2.8% FOR 2018."GROUP MAINTAINS A CAUTIOUS OUTLOOK ON CREDIT ENVIRONMENT". Full Article
Hang Seng Bank Ltd <0011.HK> :Declared a third interim dividend in respect of year ending 31 december 2016 of hk$1.10 per share. Full Article
Hang Seng Bank Ltd <0011.HK>: Interim results 2016 <0011.HK> . HY attributable profit HK$8.01 billion versus HK$20.05 billion a year ago . Second interim dividend of HK$1.10 per share . Says common equity tier 1 capital ratio of 16.8%, tier 1 capital ratio of 18.1% and total capital ratio of 21.2%, at 30 June 2016 . Says "given the current economic challenges, our forecast for Hong Kong's 2016 full-year gdp growth is 1.3%" . Says "we expect 2016 full-year GDP growth on the Mainland to be 6.7%" . Full Article
HONG KONG Hong Kong's banking regulator and seven banks, including HSBC Holdings PLC and Standard Chartered PLC , on Tuesday said they will jointly launch a trade finance platform in September using blockchain technology.