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ID:454673
大小:59.00 KB
页数:10页
时间:2017-08-04
《外资银行在中国的发展【外文翻译】》由会员上传分享,免费在线阅读,更多相关内容在学术论文-天天文库。
1、外文翻译ForeignbanksinChinaMaterialSource:PwCAuthor:PwCForeignbanksfailtogainextratractionThe2009stimulusplanandlendingsurgebydomesticbanks(overallanincreaseof26%inassetsin2009)hadamajorimpactontheactivitiesoftheforeignbanksandtheirabilitytofurtherpenetratetheChinesebankingmarket.D
2、espitethesurgeandeconomicstimulustheforeignbanksfailedtogainanyextramarkettraction.Whiletheyhavecontinuedtobeproactiveinseekingoutnewopportunities,theyremainchallengedbypolicyconstraintsthatdictatethepace,scopeanddirectionoftheirmarketpenetration.Meanwhile,thedomesticbanksconti
3、nuetoaddtotheirserviceofferingsastheysteadilyevolvetowardsmorebroadlybasedmulti-serviceinstitutions.Examplesofthisincludedirectinvestmentsinnewlinessuchasfundmanagementandinsurance.Incontrast,theforeignbanksarerequiredtonavigateamuchnarrowerspace.Theirprimarymethodofexpansionre
4、mainsorganicgrowth.Inthefirsthalfof2009,foreignbanklendingdeclined,inpartbecauseofcompetitionfromdomesticbanksandinpartbecauseforeigncompaniesinChinareducedtheirborrowingneeds.Asaresult,foreignbanks’marketsharedeclined.Theiroverallmarketshareremainsaround2%andhalfofthe42partici
5、pantsinthissurveypredictthatitwillremainthesamein2010.Reasonsgivenforthelackofgrowthinmarketshareincludedanunlevelplayingfield,economicfactorsandalimitedproductoffering.Againstthischallengingoperatingenvironment,theparticipantscontinuetobelievestronglyinthefutureopportunitiesof
6、theChinesefinancialservicesmarket.Differentapproachestothemarket---LocalincorporationForeignbankscontinuetoselecttheoptiontotransitionfrombranchstatustolocalincorporation.Over30foreignbanksarenowlocallyincorporatedandpredictionsin2010regardingthisoptionaremoreoptimisticthanthos
7、erecordedinlastyear’sreport.Threequartersoftherespondentsanticipatemorethan40locallyincorporatedbanksandaboutathirdbelievethenumbercouldriseabove50by2011.Somebanksthathadpreviouslybelievedthatincorporationwastoooneroushavealteredtheirstrategies.Onerespondentarguedthatthecapital
8、requirementstooperatetwoormorebranchespersuadedthemtoc
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