0023.HK - The Bank of East Asia, Limited

HKSE - HKSE Delayed Price. Currency in HKD

The Bank of East Asia, Limited

10 Des Voeux Road
Central
Hong Kong
852 3608 3608
http://www.hkbea.com

SectorFinancial Services
IndustryBanks - Regional - Asia
Full Time Employees9,879

Key Executives

NameTitlePayExercisedYear Born
Sir Kwok-Po Li F.C.A., FCPA, J.P., O.B.E., GBM, GBS, MA (Cantab)Exec. Chairman105.6MN/A1939
Dr. Man-Kiu Li J.P., M.A., M.B.A., BA (Cantab), MBA, LPC, JPCo-Chief Exec. & Exec. Director28.6MN/A1973
Mr. Man-Bun Li CPA, JP, FCA, MBA, MA (Cantab)Co-Chief Exec. & Exec. Director28.6MN/A1975
Mr. Chuk Man Cheng MBA, FCA, FCPAGroup Chief Financial OfficerN/AN/A1960
Mr. Hon-Shing Tong BSc, ACIB, AHKIB, FCIS, FCSDeputy Chief Exec. & COON/AN/A1959
Amounts are as of December 31, 2018 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in HKD.

Description

The Bank of East Asia, Limited provides various banking and related financial services. It operates through eight segments: Personal Banking, Corporate Banking, Treasury Markets, Wealth Management, Financial Institutions, Others, Mainland China Operations, and Overseas Operations. The company offers various commercial and personal banking, financial, and insurance services. Its products and services include syndicated loans, trade finance, deposit-taking, foreign currency savings, remittances, mortgage loans, consumer loans, credit cards, Cyberbanking, retail investment services, mandatory provident fund services, Renminbi services, foreign exchange margin trading services, and general and life insurance services. The company also provides corporate lending and loan syndication, asset based lending, commercial lending, and securities lending; wealth management services, including private banking, trust, and portfolio management services, as well as investment solutions; treasury services and securities dealing services; and domestic and international services. In addition, it offers trustee, asset management, corporate secretarial, property investment, business consultancy, Internet banking, securities broking, and nominee, as well as provides business, corporate, and investor services. The company operates approximately 220 outlets in Hong Kong and the rest of Greater China, Southeast Asia, the United Kingdom, and the United States. The Bank of East Asia, Limited was incorporated in 1918 and is headquartered in Central, Hong Kong.

Corporate Governance

The Bank of East Asia, Limited’s ISS Governance QualityScore as of July 29, 2019 is 2. The pillar scores are Audit: 10; Board: 7; Shareholder Rights: 1; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.