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Company Profile

Incorporated in Hong Kong in 1918, The Bank of East Asia ("BEA") is dedicated to providing comprehensive commercial banking, personal banking, wealth management, and investment services to its customers in Hong Kong, Mainland China, and other major markets around the world.

BEA is the largest independent local bank in Hong Kong, with total consolidated assets of HK$692.1 billion (US$89.3 billion) as of 31^st December, 2012. The Bank is listed on The Stock Exchange of Hong Kong and is one of the constituent stocks of the Hang Seng Index. BEA also operates one of the largest branch networks in Hong Kong, with 88 branches, 63 SupremeGold Centres and 7 i-Financial Centres throughout the city.

In Mainland China, BEA's operational presence dates back to the opening of the Bank's Shanghai Branch in 1920. Today, BEA Group operates one of the largest networks of any foreign bank, more than 120 outlets in major urban centres nationwide.

Over the years, BEA has built its reputation as a pioneer in the provision of innovative, value-added banking services to customers on the Mainland. Among its major achievements, the Bank is recognised as:

	one of the first foreign banks to receive approval from the China Banking Regulatory Commission to establish a locally-incorporated bank in Mainland China (2007). This wholly-owned subsidiary, namely The Bank of East Asia (China) Limited, offers a full range of banking and financial services to a broad customer base that includes local residents and businesses.
	the first foreign bank to launch Renminbi debit cards and credit cards in Mainland China (2008).
	the first foreign bank to issue Renminbi retail bonds in Hong Kong (2009).

Overseas, BEA has established a presence in Southeast Asia, the United Kingdom, and the United States. Worldwide, including Hong Kong and the rest of Greater China, BEA operates more than 230 outlets and employs over 13,000 people.

Additional information is available on BEA's networks in Hong Kong, Greater China and overseas.

Products and Services

BEA has long been known for the comprehensive range of commercial and personal banking, financial, and insurance services that it provides to a diverse customer base. Wholesale and personal banking services are delivered through the Bank's Corporate Banking, Personal Banking, Wealth Management, Insurance & Retirement Benefits, Treasury Markets, China, and International divisions.

Products and services include syndicated loans, trade finance, deposit-taking, foreign currency savings, remittances, mortgage loans, consumer loans, credit cards, Cyberbanking, retail investment and wealth management services, private banking, Renminbi services, foreign exchange margin trading, broking services, Mandatory Provident Fund services, and general and life insurance.

In addition to the Bank's core offering, other members of the BEA Group broaden the range of products and services available to individual and corporate customers. BEA's wholly-owned subsidiaries BEA Life Limited and Blue Cross (Asia-Pacific) Insurance Limited serve as underwriters of life insurance and general insurance products, respectively, while global professional services provider, Tricor Group, offers integrated business, corporate, and investor services.

BEA keeps abreast of the latest market trends and strives to leverage developments in the marketplace to offer new or enhanced products and services that suit customers' needs. For more details on BEA's products and services, please browse the pages of this website.

Updated: 24^th May, 2013