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The Bank of East Asia, Limited (0023.HK)

HKSE - HKSE Delayed price. Currency in HKD
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9.120-0.070 (-0.76%)
At close: 04:08PM HKT

The Bank of East Asia, Limited

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

Sector(s)Financial Services
IndustryBanks - Regional
Full-time employees8,140

Key executives

NameTitlePayExercisedYear born
Sir Kwok-Po Li F.C.A., FCPA, GBM, GBS, J.P., LLD, MA (Cantab), O.Executive Chairman17.4MN/A1939
Mr. Man-Kiu Li BA (Cantab), BBS, J.P., LPC, M.A., M.B.A.Co-Chief Executive & Executive Director16.2MN/A1974
Mr. Man-Bun Li CPA, F.C.A., J.P., M.A., M.B.A., MA (Cantab)Co-Chief Executive & Executive Director16.2MN/A1976
Ms. Dawn TaoCFO, GM and Head of Strategic Planning & Control DivisionN/AN/A1977
Mr. Hon-Shing Tong ACIB, AHKIB, B.Sc., FCIS, FCSDeputy Chief Executive & COON/AN/A1959
Mr. Kai Cheong Li C.P.A., FCCA, AHKSA, FCIS, FCS, HKSIDeputy CEO & Chief Investment OfficerN/AN/A1960
Ms. Carmen LeeHead of Corporate Communications DepartmentN/AN/AN/A
Mr. Jaye ChiuHead of Investment BankingN/AN/AN/A
Ms. Shuk Pui ChanGroup Chief Risk Officer, GM & Head of Risk Management DivisionN/AN/A1966
Ms. Christine LoHead of Greater Bay Area OfficeN/AN/AN/A
Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in HKD.

Description

The Bank of East Asia, Limited, together with its subsidiaries, provides various banking and related financial services. Its personal banking services include corporate, individual, savings, current, time deposit, and supreme accounts; and time deposits, foreign currency deposits, MAS services, and auto-payroll products, as well as safe deposit boxes and remittance services. The company also provides corporate banking services, such as SME loans and financing guarantee schemes; corporate and commercial financing products, including syndicated and construction loans, acquisition and structured financing, working capital financing, share financing and IPO-related loans, and commercial mortgages; trade finance services and expert trade solutions; factoring services; import and export trade finance; guarantee services; eTradeConnect that allows buyers and sellers to connect, transact, share information, and submit applications for financing through a single platform; cash management services; corporate wealth management products; foreign exchange and treasury products; and marine cargo, property, trade credit, employee compensation, life, savings, and endowment insurance plans. In addition, it offers private banking services comprising investment advisory services; investment solutions, such as unit trusts, linked deposits, currency trading and management, global equities and bonds investments, structured products, and options and derivatives; portfolio management services; securities and futures broking services; cyber banking, credit cards, and ATM; and various international services. The company operates outlets in Hong Kong, rest of Greater China, Singapore, Malaysia, 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 1 April 2024 is 10. The pillar scores are Audit: 10; Board: 3; Shareholder rights: 6; Compensation: 9.

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 10 indicates higher governance risk.