Incorporated in Hong Kong in 1918, The Bank of East Asia, Limited ("BEA") is dedicated to providing comprehensive commercial banking, personal banking, wealth management, and investment services to its customers in Hong Kong, Mainland, and other major markets around the world.
Listed on The Stock Exchange of Hong Kong, BEA is a leading Hong Kong financial services group, serving the needs of customers throughout Greater China and beyond, with total consolidated assets of HK$ 839.5 billion (US$ 107.2 billion) as of 31st Dec, 2018. BEA also operates one of the largest branch networks in Hong Kong, with 70 branches, 54 SupremeGold Centres, and 11 i-Financial Centres throughout the city.
In Mainland, 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 Chinese 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 Chinese 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 (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 (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 nearly 200 outlets and employs approximately 10,000 people.
For more details on BEA's International network, please click here.
Products and Services
BEA has long been known for the comprehensive range of retail and commercial and retail banking, financial, and insurance services that it provides to a diverse customer base. Wholesale and retail banking services are delivered through the Bank's Corporate Banking, Personal Banking, Wealth Management, Insurance & Retirement Benefits, Treasury Markets, Chinese Mainland and International divisions.
Products and services include syndicated loans, trade finance, deposit-taking, foreign currency savings, remittances, mortgage loans, consumer loans, credit cards, Cyberbanking, retail investment and wealth management services, foreign exchange margin trading, Mandatory Provident Fund services, and general and life insurance.
In addition to the Bank's core offering, other members of the BEA Group broaden the range of products and services available to individual and corporate customers. BEA's wholly-owned subsidiaries BEA Life Limited and Blue Cross (Asia-Pacific) Insurance Limited serve as underwriters of life insurance and general insurance products, respectively.
BEA keeps abreast of the latest market trends and strive to leverage developments in the marketplace to offer new or enhanced products and services that suit customers' needs. For more details on BEA's products and services, please browse our other pages of this website.
BEA has operated continuously in Mainland since the establishment of its first branch in Shanghai in 1920. The Bank's China operations have steadily grown over the years of economic reform and today. Leveraging its deep knowledge of the mainland market as well as its banking expertise in Hong Kong and overseas, BEA delivers quality products and services that are specially tailored to meet the needs of customers throughout Greater China.
BEA established its wholly-owned, locally-incorporated banking subsidiary, The Bank of East Asia (China) Limited ("BEA China"), in early 2007. As BEA's primary operation on the Chinese mainland, BEA China operates one of the largest networks of any foreign bank.
BEA China Website : www.hkbea.com.cn
Customer Service Hotline: 95382
Pioneering Spirit in Mainland
1979 Set up the first-ever Sino-foreign joint venture in Mainland
─ Beijing Air Catering Limited (Business Licence Number)
1979 Pioneered the first foreign currency credit card settlement services in Mainland through an agreement with the Bank of China
1986 Co-founded the first Sino-foreign joint-venture finance company in Mainland
─ China International Finance Company Limited (Shenzhen), offering wholesale banking services
1988 Pioneered the property mortgage business in Mainland
1991 Co-founded the first Sino-foreign joint-venture finance company established outside a special economic zone in Mainland
─ Shanghai International Finance Company Limited, rendering a full range of wholesale banking services
1995 Received “The Best Foreign Bank in China” Award from Euromoney magazine
1998 One of the first foreign banks granted RMB licences on a provincial level
2002 One of the first foreign banks allowed to provide foreign currency banking services to both local individuals and local companies
2002 The first foreign bank licenced to offer online banking services in Mainland
2005 One of only a few foreign banks to receive approval to market both life and general insurance products in Mainland
2006 One of the first foreign banks in Mainland to be granted Qualified Domestic Institutional Investor (“QDII”) status by the China Banking Regulatory Commission and the first foreign bank in Mainland to obtain a foreign exchange quota to conduct QDII business
2006 One of the first foreign banks to receive approval to proceed with the establishment of a locally-incorporated subsidiary bank in Mainland
2007 One of the first foreign banks to obtain approval to establish a locally-incorporated subsidiary bank in Mainland, known as the Bank of East Asia (China) Limited (“BEA China”)
2008 BEA China was the first foreign bank to launch Renminbi credit cards in Mainland
2009 BEA China was the first foreign bank to issue Renminbi retail bonds in Hong Kong
2010 BEA China completed its first cross-border RMB transaction for foreign direct investment
2011 BEA China issues its first batch of Renminbi financial bonds in the interbank bond market in Mainland
2012 BEA China launched the China Unionpay Standard IC Credit Card
2013 BEA China became the first locally-incorporated foreign bank in Mainland to issue an IC debit card
2014 BEA China became one of the first locally-incorporated foreign banks to open a sub-branch in the China (Shanghai) Pilot Free Trade
2015 BEA China became one of the wechat payment pioneers among foreign banks
2016 BEA China became the first foreign bank commencing an extensive collaboration with the leading property and casualty insurance institution in Mainland
2017 East Asia Qianhai Securities Company Limited Receives License from the CSRC for Commencement of Operation
2018 BEA China Becomes the First Foreign Bank to Receive Approval to Open a Full Branch in Qianhai, Shenzhen