Bank of East Asia Ltd banner

Company Overview

Business Description

Sector
Financials
Industry
Banking
Headquarters
Hong Kong HK
Employees
7 669
IPO date
Dec 30, 1988

Bank of East Asia is a Hong Kong-based commercial bank that takes deposits, makes loans, and handles everyday banking for individuals, small businesses, and larger companies. It offers checking and savings accounts, mortgages, personal loans, business lending, cards, trade finance, foreign exchange, wealth management, and other banking services through branches, online channels, and its relationship managers.

The bank earns most of its money from the spread between what it pays depositors and what it charges borrowers, plus fees from services such as payments, cards, asset management, trade finance, and account servicing. Its main customers are retail banking clients, small and medium-sized businesses, and corporate clients in Hong Kong and other markets where it has a presence.

What makes the business model different is its role as a long-standing relationship bank in a financial center. It sits between savers and borrowers, supports cross-border commerce, and helps customers move money, finance homes and businesses, and manage wealth. That makes it a core financial utility for households and companies rather than a product manufacturer or retailer.

Bank of East Asia Ltd Investor Relations

Address
10 Des Voeux Road Central, Central
Hong Kong
Hong Kong

Business Segments

Retail banking

This part serves individual customers with everyday banking, savings, time deposits, credit cards, mortgages, personal loans, and wealth products sold through branches and digital channels.

Customers and revenue model

Corporate banking

This part provides banking services to companies, property developers, and institutions, including business accounts, lending, trade finance, cash management, and foreign exchange services.

Customers and revenue model

Treasury and markets

Description, customers and revenue model

Management

Mr. Man-Bun Li CPA, F.C.A., J.P., M.A., M.B.A., MA (Cantab)

Co-Chief Executive & Executive Director

Biography unavailable

Mr. Hon-Shing Tong ACIB, AHKIB, B.Sc., FCIS, FCS

Deputy Chief Executive & COO

Biography unavailable

Mr. Kai Cheong Li C.P.A., FCCA, AHKSA, FCIS, FCS, HKSI

Deputy CEO & Chief Investment Officer

Biography unavailable

Ms. Carmen Lee

Head of Corporate Communications Department

Biography unavailable

Mr. Jaye Chiu

Head of Investment Banking

Biography unavailable

Ms. Shuk Pui Chan

Group Chief Risk Officer, GM & Head of Risk Management Division

Biography unavailable

Ms. Christine Lo

Head of Greater Bay Area Office

Biography unavailable

Mr. Chun-Tak Law FCCA, FCIS, FCPA, FCS

Company Secretary

Biography unavailable

Mr. Yuk Wing Pang BSSc, MBA, Hon DSocSc, ACIB, FHKIB, JP

Senior Advisor

Biography unavailable

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