富瑞看好港銀「重返榮耀」 籲買中銀恒生東亞
富瑞發表報告預期今年本地銀行股將「重返榮耀」。受惠宏觀貨幣政策回歸正常、資產質素穩健，香港銀行將進入數年的盈利恢復周期，假設聯儲局今年加息4次，本港銀行的股本回報率可從去年的8%至9%，升到10%至12%。最看好中銀香港。
泰禾人壽母企永興達遭債權人申請清盤
持有泰禾人壽、泰禾投資集團旗下的永興達企業（香港）有限公司，去年十月遭債權人海通國際的海外公司申請清盤。 去年曾傳出中國平安有意出價六十億港元競投泰禾人壽，保監局對泰禾人壽賣盤不成感到失望，遂要求泰禾人壽停接新單三個月。
AM Best Affirms Credit Ratings of Dah Sing Insurance Company (1976) Limited
The ratings reflect DSI’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.
The ratings also reflect the parental support from Dah Sing Financial Holdings Limited (DSFH) in terms of capital, brand recognition, business development, product distribution, risk management and operations.
The company’s risk-adjusted capitalisation remains at the strongest level, as measured by Best’s Capital Adequacy Ratio (BCAR), and is supportive of the increased asset and underwriting risks from its business expansion. Following a large capital injection from DSFH in 2017, DSI has significantly expanded its investment portfolio over the past four years. The heightened investment risk is partially mitigated by the various control limits stipulated in DSI’s investment policy and the diversity in its equity portfolio. Other supportive factors to the balance sheet strength include organic capital growth from full profit retention.
DSI has consistently delivered a profitable operating performance over the past five years (2016-2020), mainly driven by its favourable investment results, albeit partially offset by the relatively marginal and volatile underwriting performance.
As a small-to-medium-size player in Hong Kong’s non-life insurance segment, DSI maintained a market share of approximately 1%, with a gross premium written of HKD 551.6 million in 2020. The company’s three major lines of business are motor, employees’ compensation and property inward treaty lines. DSI plans to scale down the proportion of its reinsurance inward treaty business to better control its risk accumulation, while further strengthening and diversifying its multi-channel distribution network through new business initiatives in growing business lines, including property damage, engineering, mortgage, and mid-markets with a focus on small-and-medium enterprises.
Fitch Rates Dah Sing Bank's Subordinated Notes 'BBB-(EXP)'
Fitch Ratings has assigned Hong Kong-based Dah Sing Bank, Limited's (DSB; BBB+/Stable/bbb+) proposed Basel III-compliant Tier 2 subordinated notes an expected rating of 'BBB-(EXP)'.
The notes will be issued under DSB's USD2 billion euro medium-term note programme. The notes will mature in 10 years and will be callable by DSB after five years and semi-annually thereafter. They will qualify as Tier 2 capital as their terms include a point of non-viability that the authorities may trigger at their discretion. In addition, the Hong Kong resolution authorities can, through their statutory powers, override the notes' contractual terms if they consider it necessary to restore the bank's viability.
The bank will use the proceeds from the new issuance to replace existing obligations that will become callable in November 2021.
大新銀行(02356)為「南向通」客戶提供 200 種離岸理財產品
為配合粵港澳大灣區跨境理財通正式啟動，大新銀行(02356)宣佈由 10 月 19 日起推出「跨境理財通」南向通服務，與大新銀行(中國)合作提供離岸投資平台，為大灣區投資者提供約 200 種理財產品，包括不同貨幣、不同投資策略、投資於 環球不同地區的基金，此外還有 11 種不同貨幣存款以供選擇。
內地客戶可在大新中國於大灣區的服務網點開設匯款專戶，並由大新中國以見證開戶方式一站式開立於該行在香港的投資專戶，不需親身到香港，非常便利。
大新料今年稅貸申請宗數增兩成
大新銀行總經理及零售銀行處副主管鄧子健表示，今年資金成本下降，因此該行將稅貸利率較按年下調30個點子，並認為旗下稅貸產品在市場上十分具競爭力。他預計，今年整體税貸申請及經數碼渠道申請税貸的客戶數目均會增長兩成，但預期貸款金額將維持於約人均30萬元。
陸港跨境理財通 啟動 首批共46家銀行開通
根據粵港澳三地監管機構公布，三地中以深圳、廣州獲准開辦跨境理財通的銀行數目最多，達到20家，大部分會展開「南向通」及「北向通」業務，但郵儲銀行深圳分行、東亞（中國）、大新銀行（中國）和星展中國只展開南向業務。
至於香港獲准開辦跨境理財通的19家銀行中，滙豐、渣打及中銀香港等銀行均上榜，其中，有六家開辦南、北向跨境業務，東亞、大新及星展香港只進行南向通業務。而澳門獲准的銀行則有七家，大多是中資在當地的銀行。