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 redesigns Mongkok branch

The bank has created a digital zone at the ground floor.

Bank of East Asia redesigns Mongkok branch

The bank has created a digital zone at the ground floor.

BEA warns against 16 fraudulent websites

It has reported these sites to the local police and the HKMA.

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 to open select HK branches seven days a week

Cash transactions will not be available during the weekends.

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%.

BEA launches digitised mortgage application services

Customers who apply for a $380k or above mortgage can get a cash rebate of up to 1.9%.

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.

BEA completes sale of insurance and healthcare business

Both were sold to AIA Group.

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.

Bank of East Asia temporarily closes 8 branches as employees test COVID positive

Infected employees caused bank branches to close until further notice.

Finance and Markets

BEA closes 2021 with 45.8% surge in attributable profits

The bank got a boost from a significant reduction in impairment losses.

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.