
The Bank of East Asia (China) Limited, founded in 1918 in Hong Kong, is the largest independent local bank in Hong Kong, with a strong reputation for commercial and retail banking/finance/insurance services, and is dedicated to providing commercial banking/personal banking/wealth management/investment services
Established in Hong Kong in 1918, The Bank of East Asia, Limited ("BEA") has been providing a comprehensive range of commercial banking, personal banking, wealth management and investment services to customers in Hong Kong, Chinese mainland and other major markets around the world. The Bank of East Asia is the largest independent local bank in Hong Kong, with consolidated assets of HK$765.7 billion (US$98.7 billion) as at 31 December 2016. The Bank of East Asia is listed on the Hong Kong Stock Exchange and is a constituent stock of the Hang Seng Index.
In Chinese mainland, the Bank of East Asia opened a branch in Shanghai as early as 1920 to serve customers. Currently, BEA Group is one of the largest foreign banks in the Mainland, with more than 110 outlets in major cities across the country.
Over the years, BEA has built a strong reputation in the Mainland market, setting new precedents in providing innovative and value-added banking services to Mainland customers. Its major notable achievements include: the establishment of The Bank of East Asia (China) Limited, one of the first wholly-owned subsidiary foreign-owned incorporated banks to be approved by the China Banking Regulatory Commission (CBRC) to incorporate in the Mainland (2007), providing a comprehensive range of banking and financial services to a wide range of customers, including Mainland residents and enterprises; the first foreign bank to issue renminbi debit and credit cards in the Mainland (2008); First foreign bank to issue RMB retail bonds in Hong Kong (2009).
Overseas, BEA has offices in Southeast Asia, the United Kingdom, and the United States. Currently, the Group has more than 220 outlets and employs more than 10,000 people around the world, including Hong Kong and the rest of Greater China.
Products & Services
BEA is renowned for its comprehensive range of commercial and retail banking, financial and insurance services, and is committed to catering to the needs of a wide range of customers. The Bank has branches in Corporate Banking, Personal Banking, Wealth Management, Insurance & Retirement Benefits, Treasury Markets, China Business Headquarters and International Business, providing both wholesale and retail banking services.
The range of products and services includes syndicated loans, trade finance, deposits, foreign currency savings, remittances, mortgage loans, personal loans, credit cards, cyberbanking, retail investment and wealth management, foreign exchange margin trading, Mandatory Provident Fund services, as well as general insurance and life insurance.
In addition to the above-mentioned key products and services, BEA Group has further expanded its personal and corporate services through its subsidiaries. East Asia Life Insurance Company Limited and Blue Cross (Asia Pacific) Insurance Company Limited expanded the Group's insurance business by underwriting life insurance products and general insurance products respectively.
BEA will keep abreast of the latest market developments and continue to develop new products and services to meet the different needs of its customers. For details of our products and services, please visit other pages on this website.