This book examines the success story of Seng Heng Bank (SHB), the
successful acquisition of SHB by Industrial and Commercial Bank of China
(ICBC), and the continuing sound management and performance of ICBC
(Macau). It shows how a loss-making small bank grew into one of the best
banks in Macao and highlights the achievement, awards, and recognition
of SHB. The authors detail the SHB acquisition process by ICBC, the
biggest bank in the world in terms of total assets. They identify the
main contributing factors for the success of SHB and draw conclusions
and implications for bank managers in the region and beyond. This book
will be of interest to finance professionals and business scholars.