This article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these template messages)
This article relies excessively on references to primary sources. Please improve this article by adding secondary or tertiary sources. Find sources: "Bank of East Asia" – news · newspapers · books · scholar · JSTOR(January 2021) (Learn how and when to remove this message)
This article may rely excessively on sources too closely associated with the subject, potentially preventing the article from being verifiable and neutral. Please help improve it by replacing them with more appropriate citations to reliable, independent, third-party sources.(January 2021) (Learn how and when to remove this message)
(Learn how and when to remove this message)
The Bank of East Asia Limited
Company type
Public
Traded as
SEHK: 23
Industry
Finance
Founded
Incorporated on 14 November 1918; 105 years ago (1918-11-14)
Officially opened on 4 January 1919; 105 years ago (1919-01-04)
Headquarters
10 Des Voeux Road Central, Central, Hong Kong
Key people
Sir David K.P. Li (Executive Chairman) Adrian M.K. Li (Co-Chief Executive Officer) Brian M.B. Li (Co-Chief Executive Officer)
The Bank of East Asia Building, Des Voeux Road Central, in Central, Hong Kong.BEA tower in Kwun Tong, Hong KongA BEA Branch in Hong Kong
The Bank of East Asia Limited, often abbreviated to BEA, is a Hong Kong public banking and financial services company headquartered in Central, Hong Kong. It is currently the largest independent local Hong Kong bank, and one of two remaining family-run Hong Kong banks, with the other being Dah Sing Bank. It continues to be run by the 3rd and 4th generations of the Li family.[2]
It was incorporated as a publicly listed bank in Hong Kong on 14 November 1918, and officially opened for business on 4 January 1919, by a group of local Hong Kong Chinese businessmen who "not only understood modern banking, but the needs of modern Chinese business." Essentially, it aimed to serve local Hong Kong citizens and businesses who were currently underserved by the large British banks and small, unorganized, and often unincorporated local Hong Kong moneylenders. By the 1930s, BEA was considered the most influential local Hong Kong bank in the city.[3]
^ abcBEA 2018 Annual Report
^"HK-based Bank of East Asia falls over 8% on profit warning".
^Panikkos, Kosmas, Sanjay, Poutziouris, Smyrnios, Goel (2013). Handbook of Research on Family Business. United Kingdom: Edward Elgar Publishing Limited. p. 284. ISBN 978-1-78100-938-3.{{cite book}}: CS1 maint: multiple names: authors list (link)
The BankofEastAsia Limited, often abbreviated to BEA, is a Hong Kong public banking and financial services company headquartered in Central, Hong Kong...
EastAsia is a region ofAsia, which is defined in both geographical and ethno-cultural terms. The modern states ofEastAsia include China, Japan, Mongolia...
Union Bankof Hong Kong and renamed it ICBC (Asia). A Hong Kong-listed entity, ICBC (Asia) then purchased the Hong Kong subsidiary of Fortis Bank, originally...
Bankof Singapore is the private banking arm and a wholly owned subsidiary of Oversea-Chinese Banking Corporation (OCBC), Southeast Asia’s second largest...
Far EastBank was a bank in Hong Kong which has since merged into BankofEastAsia. Far EastBank was founded in 1959 by Mr. Deacon Chiu (邱德根), the founder...
Philippines. The bank also maintains 31 field offices around the world to promote social and economic development in Asia. The bank admits the members of the UN...
2023, East West expanded its footprint in Asia with the opening of a representative office in Singapore. Forbes magazine has recognized East West Bank as...
list ofbanks in Asia (alphabetically) Da Afghanistan Bank Afghan United Bank Afghanistan International Bank (AIB) Bank Alfalah Aryanbank Azizi Bank Bakter...
Offshore Branch) Bankof America National Association Berhad, (Labuan Branch) The BankofEastAsia Ltd (BEA) (Labuan Branch) The Bankof Nova Scotia (Labuan...
the largest bank in Southeast Asia by assets and among the largest banks in Asia, with assets totaling S$739 billion as of 31 December 2023.[update] It...
Tullett Prebon (Hong Kong) Limited Asia Commercial BankBankof America (Asia) Bankof Canton Bankof China Group Bankof Credit and Commerce International...
Bank Limited (incorporated in 1919). OCBC has total assets of S$560 billion at the end of 2022, making it the second largest bank in Southeast Asia by...
Kong) Limited BankofEastAsia Limited China Construction Bank (Asia) Corporation Limited Chiyu Banking Corporation Limited Chong Hing Bank Limited Citibank...
BankofEastAsia, UK Branch TSB Bank, part of Sabadell Group, headquartered in Spain Union Bankof India (UK) Ltd, owned by Union Bankof India of India...
East Asian Renaissance" by the World Bank in 2007. Since the early 20th century, EastAsia has been home to two of the world's largest economies, with...
countries, especially the Tiger Cub Economies of Southeast Asia. In 1993, a World Bank report The EastAsian Miracle credited neoliberal policies with the...
executive chairman of the BankofEastAsia and pro-chancellor of the University of Hong Kong. He was a member of the Legislative Council of Hong Kong and...
and subsequently annexed the portion of Mandatory Palestine that became known as the West Bank, including East Jerusalem. The territory remained under...
1997 Asian financial crisis The 1997 Asian financial crisis was a period of financial crisis that gripped much ofEast and Southeast Asia during the late...
regional bank headquartered at Raffles Place, Singapore, with branches mostly found in Southeast Asia countries. It is one of the three "big local banks" in...
a geographic region. While still referring to most of the Middle East (or West Asia without East Thrace or the Sinai peninsula) and North Africa together...
The Islamic BankofAsia (IB Asia) was launched by DBS Bank on 7 May 2007 after receiving official approval from the Monetary Authority of Singapore for...
Global Information
HKD17.1 billion (2018)[1]
HKD6.5 billion (2018)[1]
