February 20, 2017 10:41 PM ET

Banks

Company Overview of The Bank of East Asia (China) Ltd.

Company Overview

The Bank of East Asia (China) Ltd. provides banking and financial services to local and foreign residents and enterprises. It offers savings, fixed deposit, and kid master accounts; remittance, foreign currency trading, and corporate payroll services; and home mortgage, decoration, car, commercial mortgage, refinancing, small business, time deposit pledged and linked deposit, personal revolving, and refinancing loans. It also provides travel checks; cross boarder financial services for Hong Kong and Macau customers; treasury products, including foreign currency interest rate swap, forward Forex contract, spot Forex trading, structured deposit, and Forex option; working capital and term loans...

29/F,BEA Finance Tower

66 Hua Yuan Shi Qiao Road

Pudong New Area

Shanghai,  200120

China

Founded in 2007

Phone:

86 21 3866 3866

Fax:

86 21 3866 3966

Key Executives for The Bank of East Asia (China) Ltd.

Deputy Chief Executive and Executive Director
Age: 67
Deputy Chief Executive
General Manager of Marketing & Communications Department
Information Technology Director
General Manager of Chengdu Branch
Compensation as of Fiscal Year 2016.

The Bank of East Asia (China) Ltd. Key Developments

BEA China Enters into Strategic Co-Operation Agreement with WeBank

The Bank of East Asia, Limited has announced that its wholly-owned subsidiary, The Bank of East Asia China Limited, or BEA China, has entered into a strategic co-operation agreement with WeBank Co., Ltd. In accordance with the Strategic Agreement, BEA China and WeBank agree to fully explore their respective competitive advantages for mutually beneficial business development. The areas of co-operation include but are not limited to: customer referrals, credit card, micro and personal loans, wealth management, interbank lending, and internet finance. The strategic agreement sets out a framework through which both parties may separately agree and enter into contracts for subsequent business co-operation, if any. Any such co-operation will be subject to all necessary regulatory approval.

The Bank Of East Asia (China) Limited Announces Strategic Cooperation Agreement with WeBank

The Bank of East Asia, Limited announce that, a wholly-owned subsidiary of the Bank, entered into a strategic cooperation agreement with WeBank Co., Ltd. on 16th April, 2015. In accordance with the Strategic Agreement, BEA China and WeBank will treat each other as an important partner. The parties agree to fully explore their respective competitive advantages with a view to achieving joint business development and maximising mutual benefits through business cooperation under the Strategic Agreement. The business under cooperation includes but not limited to: customer referrals, credit card business, micro and personal loans, wealth management business, interbank lending and internet finance business. The strategic agreement sets out the framework for future cooperation, and the parties will separately agree and enter into contract(s) on their subsequent business cooperation, if any. Furthermore, the launch of the businesses mentioned above is subject to all the necessary regulatory approvals being obtained.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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