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 temporarily closes 8 branches as employees test COVID positive
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.
Bank of East Asia to review its portfolio
Profits were nearly halved in Q4 2019 due to impairment losses from mainland China.
Bank of East Asia's profit plunges 49.9% to $411m 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.
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