UOB focuses on affluent people

Note: This section contains information in English only.
Source: China.org.cn
© Scanpix/AP

United Overseas Bank of China decided to target Chinese with high income level. The bank tries to attract clients with more than 1 million yuan in assets. According to statistics the wealth of affluent citizens of China will increase from $2.6 trillion to $8.8 trillion by 2015. More wealthy customers are more demanding in asset management so the bank has to meet their expectations, said Tan Kian Huat, president and CEO of UOB China.

Back to articles

Actual Topics

Fri, 25 Nov 2011 07:59:00 GMT

Hungary downgraded to junk by Moody's

According to Moody's statement, it has reduced Hungary's credit rating from Baa3 to Ba1 or to the highest junk. The downgrading took place after Hungary asked for help from International Monetary Fund to regain confidence as country has the highest level of sovereign debt among EU eastern members. Hungary has also received lower ratings from Fitch and Standard & Poor's.

Fri, 25 Nov 2011 08:04:45 GMT

Japan expects deflation in October

Japan's consumer prices decreased for first time since July. Core consumer prices declined by 0.1% in October, reported statistics bureau. Analysts claim the reason for price decline is weak domestic demand and deflation is mainly caused by a decrease in oil prices. High yen and low crude oil costs make energy import cheap thus weighting on prices. The yen advanced 6% against USD in the

Subscribe to "Fundamental Analysis" feed

Subscribe
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
For further information regarding potential cooperation,
please call us or make callback request.
Aby dowiedzieć się więcej o Opcjach Binarnych w Banku Dukascopy / platformach handlowych Forex, SWFX, oraz innych,
zadzwoń do nas lub pozostaw prośbę o oddzwonienie.
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.