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August 27, 2015 3:31 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.

Chairman of The Board and Chief Executive Officer
Age: 76
Deputy Chief Executive and Executive Director
Age: 65
Deputy Chief Executive
General Manager of Marketing & Communications Department
Information Technology Director
Compensation as of Fiscal Year 2015.

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 Opens New Branch in Nanning, Guangxi

The Bank of East Asia China Limited has opened a new branch in the city of Nanning in the Guangxi Zhuang autonomous region. Nanning Branch will mainly serve domestic and foreign-invested corporate customers, offering them a wide range of banking and financial solutions in Renminbi and foreign currencies, including customer deposits; short, medium, and long-term loans; bills acceptance and discounting; trading of government bonds, financial bonds and other securities (except equities); documentary credit and bank guarantees, remittance and settlement; and credit search and consulting services.

The Bank of East Asia (China) Limited Launches Brand-New Fingertip Bank Series of Mobile Financial Products

The Bank of East Asia (China) Limited on October 28 launched brand-new fingertip bank series of mobile financial products, wechat bank and mobile phone bank, the first foreign bank marching into the sector in China. In the future, the fingertip bank series of products will further enhance each function of existing products in depth; continue to the scope of the series in breadth; launch Pad bank, direct-selling bank and other forms and be committed to improving the financial services experience of customers with richer forms and stronger functions.

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