Bank of East Asia Limited (BKEAF)

Bank of East Asia, Ltd., is a licensed bank incorporated and domiciled in Hong Kong in 1918. The Company provides banking services to its customers in Hong Kong, Mainland China, and other major markets around the world. The Company operates in different segments including; Personal banking, which includes branch operations, personal internet banking, account services; consumer finance, property loans and credit card business in Hong Kong; Corporate banking, which includes corporate lending and loan syndication, asset based lending, commercial lending and securities lending in Hong Kong; Treasury markets, which include treasury operations and securities dealing in Hong Kong; Wealth management, which includes private banking business, wealth protection- trust services and related assets in Hong Kong; Financial institutions, which includes trade financing activities with correspondent banks in Hong Kong; Other Hong Kong banking operations, which include insurance business, trust business, securities & futures broking, money lender activities and corporate financial advisory in Hong Kong; China operations include the back office unit for China operations in Hong Kong, all branches, subsidiaries and associates operated in China, except those subsidiaries carrying out corporate services, data processing and other back office operations in China; Overseas operations include the back office unit for overseas banking operations in Hong Kong, all branches, subsidiaries and associates operated in overseas, except those subsidiaries carrying out corporate services in overseas; Corporate services include company secretarial services, share registration and business services, and offshore corporate and trust services; and Other businesses include property-related business, supporting units of Hong Kong operations, investment properties, bank premises. The Company faces competition from other bank & financial institutions.