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 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 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.
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.
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.
AIA Hong Kong, Bank of East Asia launch bancassurance partnership
They launched seven products that provide comprehensive life, critical illness, savings, and retirement protection.
Bank of East Asia commences sale of life insurance arm
It hopes to have an agreement for recurrent revenue.
Bank of East Asia's CDO joins speakers list for the ABF Retail Banking Virtual Conference
Ronald Fung talks about the expedition of digitalization in HK and globally.
Bank of East Asia posts 53.2% profit jump to HK$1.5b
Lower impairment losses in Mainland China caused the surge.
The Bank of East Asia, Ltd. hailed at the ABF Awards
The bank was recognised for their all-round achievements in full-year results, client segment growth, digital development, and their strategic alliance.
Bank of East Asia launches cross-boundary mortgage loan service
Hong Kong customers may apply for mortgage loan for properties within the GBA.
Thought Leadership Centre
In Association with
In Association with
In Association with
Most Read
1. Zed challenges banking norms with no interest, forward-looking credit card 2. HK-based fintech KPay expands operations to Singapore 3. Citi names Amit Dhawan as head of CCB Singapore 4. StanChart joins Visa’s B2B Connect to enhance cross-border payments 5. Hang Seng Bank warns against phishing emailResource Center
Read Here
Advertise
Sign Up
Awards
Jul
04
Jul
04
Jul
04
Events
Jun
24
Event News
Event News
HSBC Hong Kong shines at ABF Retail Banking Awards
![HSBC Hong Kong shines at ABF Retail Banking Awards]()
Co-Written / Partner
The bank has been a digital and transformation pioneer in the industry.
The bank has been a digital and transformation pioneer in the industry.
Videos
Partner Sites
Thought Leadership Centre
In Association with
In Association with
In Association with
Most Read
1. Zed challenges banking norms with no interest, forward-looking credit card 2. HK-based fintech KPay expands operations to Singapore 3. Citi names Amit Dhawan as head of CCB Singapore 4. StanChart joins Visa’s B2B Connect to enhance cross-border payments 5. Hang Seng Bank warns against phishing emailAwards
Jul
04
Jul
04
Jul
04
Events
Jun
24
Commentary
Beyond the Hype: Building Trust in Generative AI for a Secure Financial Future
Empowering green growth through sustainable finance in Bangladesh
The Transformative Power of Finance for the People