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The Bank of East Asia

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1918 (107 Years)

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Get to know The Bank of East Asia

Incorporated in Hong Kong in 1918, The Bank of East Asia, Limited ("BEA") is dedicated to providing comprehensive corporate banking, personal banking, wealth management, and investment services to its customers in Hong Kong, Mainland China, and other major markets around the world. BEA is Hong Kong's largest independent local bank, with total consolidated assets of HK$756.6 billion (US$97.5 billion) as of 30th June, 2016. Listed on The Stock Exchange of Hong Kong, the Bank is a constituent stock of the Hang Seng Index. BEA also operates one of the largest branch networks in Hong Kong, with 81 branches, 53 SupremeGold Centres, and 10 i-Financial Centres throughout the city. In Mainland China, BEA's operational presence dates back to the opening of the Bank's Shanghai Branch in 1920. Today, the BEA Group operates one of the most extensive networks of any foreign bank on the Mainland, with outlets in 44 cities nationwide. Over the years, BEA has built its reputation as a pioneer in the provision of innovative, value-added banking services to customers on the Mainland. Among its major achievements, the Bank is recognised as: one of the first foreign banks to receive approval from the China Banking Regulatory Commission to establish a locally-incorporated bank in Mainland China (2007). This wholly-owned subsidiary, namely The Bank of East Asia (China) Limited, offers a full range of banking and financial services to a broad customer base that includes local residents and businesses. the first foreign bank to launch Renminbi debit cards and credit cards in Mainland China (2008). the first foreign bank to issue Renminbi retail bonds in Hong Kong (2009). Overseas, BEA has established a presence in Southeast Asia, the United Kingdom, and the United States. Worldwide, including Hong Kong and the rest of Greater China, BEA operates more than 220 outlets and employs over 12,000 people. Additional information is available on BEA's networks in Hong Kong, Greater China and overseas.

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