Company Profile

The Bank of East Asia, New York Branch

The New York Branch of The Bank of East Asia ("BEA") was established in 1984 and is located in the heart of Manhattan's Chinatown. Federally chartered and FDIC-insured, the Branch offers full banking services to personal banking and corporate customers. These include account and deposit services, foreign exchange, residential mortgage loans, professional loans, small business loans, commercial term loans, commercial real estate loans, construction loans, syndication loans, asset based finance and trade finance services, as well as domestic and international fund transfers.

The Bank of East Asia

Incorporated in Hong Kong in 1918, The Bank of East Asia ("BEA") is dedicated to providing comprehensive retail and commercial banking services to its customers in Hong Kong and other major markets around the world.

BEA is the largest independent local bank in Hong Kong, with total consolidated assets of HK$478.1 billion (US$61.4 billion) as of 30th June, 2010. The Bank is listed on The Stock Exchange of Hong Kong and is one of the constituent stocks of the Heng Seng Index.

The Bank was one of the first foreign banks to receive approval from the China Banking Regulatory Commission to establish a locally incorporated bank in China. This wholly-owned subsidiary, named The Bank of East Asia (China) Limited, offers a full range of Renminbi services to all customers including local residents on the Mainland.

BEA also operates outlets in the United States, the United Kingdom, and Southeast Asia.