Bank of East Asia
Bank of East Asia is a Hong Kong-headquartered financial services company. It is the largest independent bank in the city and one of the two remaining family-run banks in Hong Kong. The other is Dah Sing Bank.
The bank is currently run by brothers Adrian and Brian Li as co-CEOs, taking over after their father David Li stepped down from the role in 2019 after 38 years.
Bank of East Asia extends hours of Shenzhen Futian Port sub-branch
Bank of East Asia extends hours of Shenzhen Futian Port sub-branch
It is now open on Saturdays from 10 AM to 5PM.
Five HK banks, HKECIC team up to underwrite risk on domestic sales in China
The collaboration targets to boost insurance protection for Hong Kong exporters.
Bank of East Asia extends weekend business hours in three branches
They will be open from 1PM to 5PM until 9 July 2023.
Bank of East Asia raises standard savings rate to 0.75% pa
It will take effect on Monday, 8 May.
Bank of East Asia extends Saturday hours of three select branches
The branches can provide personal account opening and general enquiry services.
HK’s BEA shares decarbonisation and sustainable development efforts in 2022
The bank was able to cut operational emissions by 29.7%.
Hong Kong economy may expand by 3.5% in 2023: BEA
The economy is expected to contract by around 3% in 2022.
Bank of East Asia raises savings rate to 0.125% per annum
It is also raising its HK dollar prime rate to 5.375% pa.
Bank of East Asia joins the Partnership for Carbon Accounting Financials
BEA is required to disclose data publicly on financed emissions within the next three years.
Bank of East Asia reduce emissions by 15%, increase green loans five-fold in 2021
The bank also donated millions to support flood relief efforts.
AIA acquires Blue Cross for $1.53b
This is set to expand the scope of the Bank of East Asia’s existing partnership with AIA.
Bank of East Asia temporarily closes 8 branches as employees test COVID positive
Infected employees caused bank branches to close until further notice.
Banks welcome launch of Wealth Management Connect in Guangdong-Hong Kong-GBA
BEA highlights hiring plans, whilst Citi says it will offer 100 types of wealth products under WM Connect.
Bank of East Asia warns of fake website
Customers who used the site are advised to report their cases to the police.
Bank of East Asia profit rebounds nearly 75% to $2.67b in H1
This increased from $1.53m in the same period last year.
Bank of East Asia unveils UnionPay QR code cash withdrawal service
All BEA ATMs in Hong Kong will offer this service.
Hong Kong lenders gear up sustainability initiatives as post-pandemic era dawns
The total combined headcount across 18 banks in the city is down 2,000 from just 12 months ago.
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Progressive rating system to impact mid-to-luxury residential properties in Hong Kong