Credit unions in Hong Kong

M. T. Skully, R. Y.W. Ho

Research output: Contribution to journalArticleResearchpeer-review

Abstract

Hong Kong's importance in international banking has generally overshadowed its smaller solely domestic financial institutions. An examination of 51 credit unions found Hong Kong's industry highly concentrated with the top four credit unions controlling two-thirds of industry's members, deposits, loans and assets. As larger credit unions were also more profitable than their smaller counterparts, operational economies of scale appear available. The degree of employer sponsorships was also important. Most credit unions would probably gain from jointly offering more financial services through the Hong Kong Credit Union League. -Authors

Original languageEnglish
Pages (from-to)61-75
Number of pages15
JournalSavings & Development
Volume17
Issue number1
Publication statusPublished - 1 Jan 1993

Cite this

Skully, M. T., & Ho, R. Y. W. (1993). Credit unions in Hong Kong. Savings & Development, 17(1), 61-75.
Skully, M. T. ; Ho, R. Y.W. / Credit unions in Hong Kong. In: Savings & Development. 1993 ; Vol. 17, No. 1. pp. 61-75.
@article{3636c3e330ac4f1489469f7bc4fc0afb,
title = "Credit unions in Hong Kong",
abstract = "Hong Kong's importance in international banking has generally overshadowed its smaller solely domestic financial institutions. An examination of 51 credit unions found Hong Kong's industry highly concentrated with the top four credit unions controlling two-thirds of industry's members, deposits, loans and assets. As larger credit unions were also more profitable than their smaller counterparts, operational economies of scale appear available. The degree of employer sponsorships was also important. Most credit unions would probably gain from jointly offering more financial services through the Hong Kong Credit Union League. -Authors",
author = "Skully, {M. T.} and Ho, {R. Y.W.}",
year = "1993",
month = "1",
day = "1",
language = "English",
volume = "17",
pages = "61--75",
journal = "Savings and Development",
issn = "0393-4551",
number = "1",

}

Skully, MT & Ho, RYW 1993, 'Credit unions in Hong Kong', Savings & Development, vol. 17, no. 1, pp. 61-75.

Credit unions in Hong Kong. / Skully, M. T.; Ho, R. Y.W.

In: Savings & Development, Vol. 17, No. 1, 01.01.1993, p. 61-75.

Research output: Contribution to journalArticleResearchpeer-review

TY - JOUR

T1 - Credit unions in Hong Kong

AU - Skully, M. T.

AU - Ho, R. Y.W.

PY - 1993/1/1

Y1 - 1993/1/1

N2 - Hong Kong's importance in international banking has generally overshadowed its smaller solely domestic financial institutions. An examination of 51 credit unions found Hong Kong's industry highly concentrated with the top four credit unions controlling two-thirds of industry's members, deposits, loans and assets. As larger credit unions were also more profitable than their smaller counterparts, operational economies of scale appear available. The degree of employer sponsorships was also important. Most credit unions would probably gain from jointly offering more financial services through the Hong Kong Credit Union League. -Authors

AB - Hong Kong's importance in international banking has generally overshadowed its smaller solely domestic financial institutions. An examination of 51 credit unions found Hong Kong's industry highly concentrated with the top four credit unions controlling two-thirds of industry's members, deposits, loans and assets. As larger credit unions were also more profitable than their smaller counterparts, operational economies of scale appear available. The degree of employer sponsorships was also important. Most credit unions would probably gain from jointly offering more financial services through the Hong Kong Credit Union League. -Authors

UR - http://www.scopus.com/inward/record.url?scp=0027743097&partnerID=8YFLogxK

M3 - Article

VL - 17

SP - 61

EP - 75

JO - Savings and Development

JF - Savings and Development

SN - 0393-4551

IS - 1

ER -