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 Foundation ups COVID relief to $3m
Bank of East Asia Foundation ups COVID relief to $3m
Partner NGOs will distribute sanitary packs and necessities in Hong Kong.
Bank of East Asia to review its portfolio
This follows after its profits were nearly halved in Q4 2019 due to losses.
Bank of East Asia's profit plunges 49.9% to $3.2b in 2019
The decline was attributed to an increase in impairment losses in Mainland China.
Bank of East Asia closes 20 branches due to coronavirus
ATMs located within closed branches will also be unavailable.
Bank of East Asia forges digital banking partnership with five firms
Customers can apply for loans and purchase products online in these platforms.
Bank of East Asia debuts trade finance services on blockchain-powered platform
It will be available on eTradeConnect.
Bank of East Asia steps up tech partnerships to capture Mainland market
The bank has already tied up with four tech companies.
Bank of East Asia's half-year profit surges 25.9% to $3.99b
Earnings were boosted by net fee and commission income growth.
Bank of East Asia unveils centralised e-payment platform for merchants
BEA’s ‘i-Payment hub’ can process different payment types in a single device.
Bank of East Asia to provide free public Wi-Fi
Visitors can enjoy 30 minutes of free Wi-Fi.
Bank of East Asia unveils mobile app for personalised banking
It teamed up with IBM for the design.
Bank of East Asia warns against bogus LinkedIn accounts of senior executives
This has been reported to the police.
Bank of East Asia unveils expansion in Tsuen Wan
Find out what it'll offer.
Bank of East Asia injects 111.6m shares to Sumitomo Mitsui Bank Corp
Here are 3 implications.
Bank of East Asia's SMBC stake increase could trigger short-term re-rating
But BEA has to prove that it has better risk management than its Chinese peers.
Bank of East Asia adds 3 years to CEO's term
David Li’s contract to expire on 31 March 2015.
Guoco Group raises stake in Bank of East Asia
It bought 1.4 million shares for about HK$40.12 million.
Read Here
Advertise
Sign Up
Commentary
Progressive rating system to impact mid-to-luxury residential properties in Hong Kong