Background

1. BEA's Expertise in China

Incorporated in Hong Kong in 1918, The Bank of East Asia ("BEA") is the largest independent local bank in Hong Kong. Recognising the enormous market potential of China, BEA set up its first China branch in Shanghai in 1920 and has been operating continuously in the country ever since. With more than 80 years' experience in China, BEA is in the best position to provide its clients with one-stop China services. BEA always stands ready to help you succeed in this rapidly expanding market.

2. Pioneering Spirit

	1979 Set up the first-ever Sino-foreign joint venture in China - Beijing Air Catering Limited (Business Licence Number - 00001)
	1979 Pioneered the first foreign currency credit card settlement services in China through an agreement with the Bank of China
	1986 Co-founded China's first Sino-foreign joint-venture finance company - China International Finance Company Limited (Shenzhen), offering wholesale banking services
	1988 Pioneered the property mortgage business in China
	1991 Co-founded the first Sino-foreign joint-venture finance company established outside a special economic zone in China, Shanghai International Finance Company Limited, also rendering a full range of wholesale banking services
	1995 Received "The Best Foreign Bank in China" Award from Euromoney magazine
	1998 One of the first foreign banks granted Rmb licences on a provincial level
	2002 One of the first foreign banks allowed to provide foreign currency banking services to both local individuals and local companies
	2002 The first foreign bank licenced to offer Internet banking services in China
	2005 One of only a few foreign banks to receive approval to market both life and general insurance products in China
	2006 One of the first foreign banks in China to be granted Qualified Domestic Institutional Investor ("QDII") status by the China Banking Regulatory Commission and the first foreign bank in China to obtain a foreign exchange quota to conduct QDII business
	2006 One of the first foreign banks to receive approval to proceed with the establishment of a locally-incorporated subsidiary bank in China
	2007 One of the first foreign banks to obtain approval to establish a locally-incorporated subsidiary bank in China, known as The Bank of East Asia (China) Limited ("BEA-China")

3. The Bank of East Asia (China) Limited

BEA received approval from the China Banking Regulatory Commission ("CBRC") to establish a locally incorporated bank in China in March 2007. The new bank, named The Bank of East Asia (China) Limited ("BEA (China)"), formally commenced business on 2^nd April, 2007.

Headquartered in Pudong, Shanghai, BEA (China) serves as BEA's major banking and financial operation on the mainland. BEA (China) can offer a wider range of banking and financial services to its mainland customers, particularly local residents, and provide greater value to all its customers on the mainland.

BEA (China) Website : www.hkbea.com.cn
Enquiry Hotline (Hong Kong) : (852) 3608 3052
Customer Service Hotline (China) : 800-830-3811