The Bank of East Asia Ltd - Company Profile
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Business Description
The Bank of East Asia Ltd (BEA) is a provider of banking and related financial products and services. Along with subsidiaries, it offers private, personal, and corporate banking, and insurance and investment solutions. As of December 31, 2022, the bank operated 48 branches, 42 SupremeGold Centres, and 3 i-Financial Centres in Hong Kong. In total, the bank has over 150 outlets covering Hongkong and overseas branches in Singapore, Malaysia, the US, and the UK. As of December 31, 2022, it had total assets of HKD882,825 million, deposits from customers of HKD648,093 million, and loans and advances to customers of HKD542,394 million.
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Business Segments
- Centralised Operations
- Mainland China Operations
- Others
- Overseas Operations
- Personal Banking
- Treasury Markets
- Wealth Management
- Wholesale Banking
- Corporate Management
Overview
Comprises banking operations supporting units in Hong Kong.
Performance
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Overview
Comprises back-office operations of Chinese operations in Hong Kong that includes all banking branches, associates, and subsidiaries operating in China.
Performance
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Overview
Comprises trust business, insurance, money lending, securities and futures broking, and corporate financial advisory business in Hong Kong. Also include other supporting operations located outside Hong Kong.
Performance
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Overview
Comprises back office operations of overseas bank branches, associates, and subsidiaries. Operates in the Hong Kong, Macau and Taiwan.
Performance
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Overview
Offers term deposits, Hong Kong Dollar deposit accounts, foreign currency deposit accounts, cyber banking, consumer loans, property loans, mortgage loans, credit cards, personal Internet banking, and ATM services to individuals in Hong Kong.
Performance
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Overview
Includes the operations of securities dealing and other treasury related activities in Hong Kong.
Performance
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Overview
Includes private banking services, advisory and trust fiduciary services. Also offer investment products and services including, unit trusts, linked deposits, currency trading and management, global equities and bonds investments, structured products, options and derivatives.
Performance
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Overview
Offers current accounts, loans syndication, acquisition and structural financing, asset-based finance, commercial mortgages, construction loans, import trade finance, export trade finance, working capital loans, overdrafts, guarantee services, e-trade connect, corporate wealth management, insurance services, MPF services, hedging currencies, share financing, trade finance, SME loans, cross border lending, and e-payment solutions and corporate cyberbanking to correspondent banks and corporate customers in Hong Kong.
Performance
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Overview
Includes regulatory capital cost of loan capital issued by the bank as well as received from Hong Kong operations.
Performance
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Geographical Segments
Performance
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Performance
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Target Markets
Singapore, Malaysia, Macau, and Taiwan
Performance
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Target Markets
The US and UK
Performance
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