OverviewSuggest Edit

The Bank of East Asia (東亞銀行) is a banking and financial services company. It provides corporate banking, personal banking, wealth management, and investment services to its customers.

TypePublic
Founded1918
HQHong Kong, HK
Websitehkbea.com
Employee Ratings3

Latest Updates

Employees (est.) (Dec 2020)9,670(-1%)
Job Openings121
Revenue (FY, 2020)$17.3 B(-12%)
Share Price (May 2022)$11.4
Cybersecurity ratingBMore
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Key People/Management at Bank of East Asia

Adrian David Li Man-Kiu

Adrian David Li Man-Kiu

Co-Chief Executive
David Li Kwok-Po

David Li Kwok-Po

Executive Chairman
Arthur Li Kwok-Cheung

Arthur Li Kwok-Cheung

Deputy Chairman
Allan Wong Chi-Yun

Allan Wong Chi-Yun

Deputy Chairman, Chairman of Nomination Committee
Brian David Li Man

Brian David Li Man

Co-Chief Executive
Rita Fan Hsu Lai-Tai

Rita Fan Hsu Lai-Tai

Chairman of Remuneration Committee
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Bank of East Asia Office Locations

Bank of East Asia has offices in Hong Kong, Alhambra, New York, Kuala Lumpur and in 5 other locations
Hong Kong, HK (HQ)
10 Des Voeux Rd Central, Central
Kuala Lumpur, MY
Level 7 Etiqa Twins Tower, 2, 11, Jalan Pinang
Labuan, MY
Level 16(A), Main Office Tower, Complex, Jln Merdeka, Financial Park
Singapore, SG
60 Robinson Rd
Birmingham, GB
15, The Wing Yip Centre, 278 Thimble Mill Ln
London, GB
75 Shaftesbury Ave, Soho
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Bank of East Asia Financials and Metrics

Bank of East Asia Revenue

Bank of East Asia's revenue was reported to be $17.31 b in FY, 2020 which is a 12.1% decrease from the previous period.
HKD

Revenue (H1, 2021)

8.4b

Net income (H1, 2021)

2.7b

EBIT (H1, 2021)

3.2b

Market capitalization (11-May-2022)

32.9b

Closing stock price (11-May-2022)

11.4

Cash (30-Jun-2021)

60.4b
Bank of East Asia's current market capitalization is $32.9 b.
Annual
HKDFY, 2018FY, 2019FY, 2020

Revenue

17.1b19.7b17.3b

Revenue growth, %

15%(12%)

Operating expense total

8.6b9.9b9.0b

Depreciation and amortization

487.0m941.0m995.0m
Half Year
HKDH1, 2019H1, 2020H1, 2021

Revenue

10.1b8.5b8.4b

Operating expense total

4.9b4.4b4.6b

Depreciation and amortization

456.0m499.0m492.0m

EBIT

121.0m1.2b3.2b
Annual
HKDFY, 2018FY, 2019FY, 2020

Cash

48.1b51.5b56.4b

Accounts Receivable

498.3b505.3b509.1b

PP&E

13.2b14.3b14.1b

Goodwill

1.5b1.5b1.5b
Half Year
HKDH1, 2019H1, 2020H1, 2021

Cash

52.8b40.5b60.4b

Accounts Receivable

506.1b496.4b530.8b

PP&E

14.2b13.8b13.8b

Total Assets

876.8b848.7b900.5b
Annual
HKDFY, 2018FY, 2019FY, 2020

Net Income

6.6b3.3b3.7b

Depreciation and Amortization

487.0m941.0m995.0m

Accounts Payable

2.4b425.0m15.7b

Cash From Operating Activities

(18.6b)7.6b17.7b
Half Year
HKDH1, 2019H1, 2020H1, 2021

Net Income

1.0b1.6b2.7b

Cash From Operating Activities

7.3b(3.0b)(14.0b)

Capital Expenditures

(407.0m)(175.0m)(174.0m)

Cash From Investing Activities

1.1b744.0m(162.0m)
HKDFY, 2018

Revenue/Employee

1.7m

Financial Leverage

8.1 x
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Bank of East Asia Operating Metrics

Bank of East Asia's Assets Under Management was reported to be $31.8b in FY, 2020. Bank of East Asia's Customers was reported to be 1.9 m in FY, 2020.
H1, 2018FY, 2018H1, 2019FY, 2019H1, 2020FY, 2020

Assets Under Management

$25.4 b$24.3 b$26.5 b$27.8 b$27.8 b$31.8 b

Customers

1.9 m

Deposits from Customers

$582.11 b$632.6 b$646.01 b$647.59 b$611.23 b$650.05 b

Loans to Customers

$506.1 b$515.28 b$524.11 b$521.19 b$521.31 b$525.73 b
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Bank of East Asia Acquisitions / Subsidiaries

Company NameDateDeal Size
Ample Delight Limited
Bank of East Asia (Trustees) Limited
BC (BVI) Holdings Limited
BEA Consortium GS Investors L.P.
BEA Insurance Agency Limited
BEA Life Limited
BEA Union Investment Management Limited
BEA Union Investment Management (Shenzhen) Limited
Blue Care (BVI) Holdings Limited
Blue Care JV (BVI) Holdings Limited
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Bank of East Asia Cybersecurity Score

Cybersecurity ratingPremium dataset

B

87/100

SecurityScorecard logo

Bank of East Asia Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Bank of East Asia Online and Social Media Presence

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Bank of East Asia News and Updates

BEA profit shoots up 74pc to $2.6b

Toyota said Thursday it will cut global auto production by 40 percent in September as the spread of coronavirus in Southeast Asia squeezes its supply chain.

The Bank of East Asia, Limited 2021 Interim Results – Financial Highlights

For the first six months of 2021, BEA and its subsidiaries earned a profit attributable to owners of the parent of HK$2,671 million, representing an increase of HK$1,139 million or 74.3%, compared with the HK$1,532 million earned in the same period in 2020.

BEA has been named one of the top 20 performers

For the second consecutive year, #BEA has been named one of the top 20 performers in the Greater Bay Area Business Sustainability Index (“GBABSI”). Launched by CUHK Business School in 2020, the GBABSI assesses the #sustainability performance of the 67 constituents of the Hang Seng Stock Connect Hong…

Banking Talent Programme

#BEA is joining forces with other members of the banking industry and the HKMA to offer a Banking Talent Programme. The Programme offers six months of structured in-house training and practical on-the-job learning, as well as a series of induction seminars and professional training courses organised…

BEA Launches UnionPay QR Code Withdrawal Service First bank to offer both UnionPay and JETCO cross-bank cardless cash withdrawal services

The Bank of East Asia, Limited (“BEA” or “the Bank”) announces the introduction of a new UnionPay QR code cash withdrawal service (“UnionPay QRC Withdrawal”).

BEA Opens Refurbished Sustainable Staff Canteen, Café 23

The Bank of East Asia (“BEA” or “the Bank”) is pleased to announce that its newly refurbished, sustainability-conscious canteen, Café 23, has opened at its Head Office in Central, demonstrating the Bank’s commitment to enhancing staff well-being with a fresh and collaborative communal space.
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Bank of East Asia Frequently Asked Questions

  • When was Bank of East Asia founded?

    Bank of East Asia was founded in 1918.

  • Who are Bank of East Asia key executives?

    Bank of East Asia's key executives are Adrian David Li Man-Kiu, David Li Kwok-Po and Arthur Li Kwok-Cheung.

  • How many employees does Bank of East Asia have?

    Bank of East Asia has 9,670 employees.

  • What is Bank of East Asia revenue?

    Latest Bank of East Asia annual revenue is $17.3 b.

  • What is Bank of East Asia revenue per employee?

    Latest Bank of East Asia revenue per employee is $1.8 m.

  • Who are Bank of East Asia competitors?

    Competitors of Bank of East Asia include United Overseas Bank, Hang Seng Bank and OCBC Wing Hang Bank.

  • Where is Bank of East Asia headquarters?

    Bank of East Asia headquarters is located at 10 Des Voeux Rd Central, Central, Hong Kong.

  • Where are Bank of East Asia offices?

    Bank of East Asia has offices in Hong Kong, Alhambra, New York, Kuala Lumpur and in 5 other locations.

  • How many offices does Bank of East Asia have?

    Bank of East Asia has 9 offices.