The Bank of East Asia (China) Limited

Bank of East Asia (China) Limited

The Bank of East Asia set up its first branch in Shanghai in 1920. Since then, the mainland business has never stopped. Since the reform and opening up, the mainland business of Bank of East Asia has developed steadily. With in-depth understanding of the mainland market and years of professional banking service experience in Hong Kong and overseas, Bank of East Asia aims to provide customers with high-quality products and services.

In early 2007, Bank of East Asia (China) Limited, a wholly-owned subsidiary bank, was incorporated in the mainland. East Asia China inherits the huge mainland business network of its parent company and is committed to providing customers with all kinds of financial services. Headquartered in Shanghai, East Asia China is one of the largest foreign banks in China.

Bank of East Asia (China) Limited is one of the first wholly-owned subsidiary foreign corporate banks approved by China Banking Regulatory Commission to be incorporated in the mainland. In 2007, the Bank of East Asia became one of the first foreign banks to set up corporate banks in the mainland. Since then, East Asia China, its wholly-owned subsidiary, has developed steadily in the mainland market, and many business innovations have led the mainland foreign banking industry. For example, in 2008, it became the first foreign bank to issue RMB debit cards and credit cards in the mainland; in 2009, it became the first mainland foreign bank to issue RMB retail bonds in Hong Kong; and in 2014, it became the first one in China (Shanghai) pilot free trade zone In 2015, it took the lead in building a comprehensive wechat payment function among foreign banks; in 2018, it became the first foreign bank approved to open a branch in Qianhai. products and services < br > products and services cover syndicated loans, trade financing, deposits, foreign currency savings, remittances, mortgage loans, private loans, credit cards, e-banking services, retail investment and wealth management, foreign exchange margin trading, mandatory provident fund services, general insurance and life insurance. Established in Hong Kong in 1918, BEA is committed to providing a comprehensive range of retail and commercial banking services to customers in Hong Kong, mainland China and other major markets in the world.