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Company Profile

Incorporated in Hong Kong in 1918, The Bank of East Asia ("BEA") is dedicated to providing comprehensive retail and commercial banking 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$478.1 billion (US$61.4 billion) as of 30^th June, 2010. 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 networks of any bank in Hong Kong, with 139 branches and SupremeGold 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, with nearly 80 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 recent 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 Renminbi-denominated banking and investment 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 North America, the United Kingdom, and Southeast Asia. In addition to the Bank's branches in Los Angeles and New York, the BEA Group serves its North American customers through its New York-based banking subsidiary, The Bank of East Asia (U.S.A.) N.A. Worldwide, including Hong Kong and the rest of Greater China, BEA operates more than 240 outlets and employs over 10,000 people.

For more details on BEA's International network, please click here.

Products and Services

BEA has long been known for the comprehensive range of retail and commercial banking services that it provides to a wide array of customers. Retail and wholesale banking services are delivered through the Bank's Personal Banking, Corporate Banking, Wealth Management, Investment Banking, China, and International divisions.

Products and services include deposit-taking, foreign currency savings, retail investment and wealth management services, mortgage loans, consumer loans, credit cards, Cyberbanking, bancassurance, Mandatory Provident Fund services, trade finance, syndication loans, remittances, and foreign exchange margin trading.

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 strive 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 our other pages of this website.