The Bank of East Asia, Limited - Company Capsule

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					The Bank of East Asia, Limited

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The Bank of East Asia, Limited - Company
Capsule


Reference Code: FS0358CC
Published Date: April 2011




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The Bank of East Asia, Limited - Company Capsule                                    Page 1
The Bank of East Asia, Limited

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The Bank of East Asia, Limited - Company Overview

The Bank of East Asia, Limited (BEA) is a bank holding company based in Hong Kong. BEA, together with its subsidiaries
provides a range of retail and commercial banking services to the individuals and business customers. The company
provides a wide rage of personal banking services which include deposit accounts, mortgage loans, credit cards,
consumer loans and internet banking services. The company also provides commercial and securities lending, trust and
asset based financing to corporate customers. In addition, the bank provides wealth management and investment banking
services. The company operates through a large banking network with over 130 branches and Supreme Gold Centers.
BEA also operates more than 60 outlets in Mainland China. In addition, it operates outlets in Canada, the UK, the US,
Southeast Asia and the British Virgin Islands. Moreover, the company has an international network of more than 240
outlets. The company is headquartered at Central in Hong Kong.


Financial Performance

The company reported revenues of (Hong Kong Dollars) HKD 17,465.00 million during the fiscal year ended 2008, a
decrease of 4.61% from 2007. The operating profit of the company was HKD 6,793.00 million during the fiscal year 2008,
an increase of 13.65% over 2007. The net profit of the company was HKD 39.00 million during the fiscal year 2008, a
decrease of 99.06% from 2007.




The Bank of East Asia, Limited - Key Facts

The Bank of East Asia, Limited, Key Facts

                                  Bank of East Asia Building,
                                  Central, , , Hong Kong Special    Ticker Symbol, Stock        0023 (Hong Kong Stock
Corporate Address:                                                                              Exchange)
                                                                    Exchange
                                  Administrative Region of China


Telephone                          + 852 3608 3608                  No. of Employees            10,863



Fax                                + 852 3608 6000                  Financial Year End          December



URL                               www.hkbea.com                     Revenue (in HKD Million)    17,465.00



Industry                          Financial Services                Revenue (in USD Million)    2,241.98


                                  China, Hong Kong Special Administrative Region of China, Malaysia, Singapore, United Kingdom,
Locations
                                  Canada, United States, British Virgin Islands

Source: Annual Report, Company Website, Primary and Secondary Research




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The Bank of East Asia, Limited - Company Capsule                                                                        Page 2
The Bank of East Asia, Limited

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The Bank of East Asia, Limited - Major Products and Services

The Bank of East Asia, Limited provides retail and commercial banking services in Hong Kong and Mainland China. The
key services of the company include the following:

The Bank of East Asia, Limited Major Products and Services
Deposits

Foreign currency savings

Internet banking

Safe deposit boxes

Mortgages

Consumer loans

Credit cards

Mandatory provident fund service

Trade finance

Remittances

Corporate banking

Syndication and foreign exchange margin trading

Investment banking

Investment holding

Security broking

Futures trading

Corporate finance

Insurance

Insurance broking

Asset management

Leasing and factoring

Property investment
Source: Annual Report, Company Website, Primary and Secondary Research




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The Bank of East Asia, Limited - Company Capsule                                                             Page 3
The Bank of East Asia, Limited

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The Bank of East Asia, Limited - Key Competitors

The following companies are the major competitors of The Bank of East Asia, Limited:

Bank of China (Hong Kong) Limited

China Merchants Bank Co., Ltd.

Bank of Communications Co., Ltd.

Wing Hang Bank Limited

Dah Sing Banking Group Limited




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The Bank of East Asia, Limited - Company Capsule                                       Page 4
The Bank of East Asia, Limited

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The Bank of East Asia, Limited - Key Employees


The Bank of East Asia, Limited, Key Employees


          Name                              Job Title                     Board Level     Since   Age


Arthur LI Kwok-cheung         Deputy Chairman                       Executive Board


Aubrey LI Kwok-sing           Director                              Non Executive Board


David LI Kwok-po              Chief Executive Officer, Chairman     Executive Board


Dr. Allan WONG Chi-yun Deputy Chairman                              Executive Board


Dr. KHOO Kay-peng             Director                              Non Executive Board


Dr. LEE Shau-kee              Director                              Non Executive Board


Dr. William MONG Man-
                      Director, Director                            Non Executive Board
wai


Eric LI Fook-chuen            Director                              Non Executive Board


Kenneth LO Chin-ming          Director                              Non Executive Board


Richard LI Tzar-kai           Director                              Non Executive Board


Stephen Charles LI Kwok-
                         Director                                   Non Executive Board
sze

Thomas     KWOK       Ping-
                              Director                              Non Executive Board
kwong


Valiant CHEUNG Kin-piu Director                                     Non Executive Board


William DOO Wai-hoi           Director                              Non Executive Board


Winston LO Yau-lai            Director                              Non Executive Board


WONG Chung-hin                Director                              Non Executive Board

Source: Annual Report, Company Website, Primary and Secondary Research




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The Bank of East Asia, Limited - Company Capsule                                                    Page 5
The Bank of East Asia, Limited

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The Bank of East Asia, Limited - Locations and Subsidiaries

Head Office

The Bank of East Asia, Limited
Bank of East Asia Building
Central
Hong Kong Special Administrative Region of China
Tel: + 852 3608 3608
Fax: + 852 3608 6000



Other Locations & Subsidiaries

The Bank of East Asia, Limited, Subsidiaries


                                                                    The Bank of East Asia (Canada)
The Bank of East Asia (BVI) Limited                                 Suite 102-103, East Asia Center, 350 Highway 7 East
East Asia Chambers                                                  Richmond Hill
Tortola                                                             Ontario (ON)
British Virgin Islands                                              Zip: L4B 3N2
Tel: + 1 284 495 5588                                    
				
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