The Bank of East Asia Ltd - Company Profile
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The Bank of East Asia Ltd (BEA) is a banking and related financial services provider. Sound capital adequacy; improved net interest margin and adequate liquidity are some of its major strengths, even as declining asset quality and non-interest income, could be a cause for concern. Emergence of Fintech, risk related to online identity theft and hacking, and effects of competition could pose various challenges to the bank. However growing payments channel in Hong Kong, Growing Wealth Management Prospects in Hong Kong, and emergence of fintech could offer ample growth opportunities to the bank.
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