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Showing 1 - 2 of 2 results for "SRCB"

ANZ selling stake in Chinese bank

JAMIE WILLIAMSON  |  TUESDAY, 3 JAN 2017
... entity will acquire a 10% stake at a total cost of $1.8 million, representing a price-to-book ratio of approximately 1.1 times SRCB's net assets as at December 2015. Since its initial investment in SRCB in September 2007, ANZ has invested $568 million ...

ANZ invests more in BoT

ELISE BURGESS  |  MONDAY, 15 NOV 2010
... raise a total of A$629 million. Last month, ANZ said it would also invest $250 million in the Shanghai Rural Commercial Bank (SRCB) capital raising, investments ANZ said are in line with the bank's commitment to China and its strategic partnerships. ...
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