Bank of East Asia
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The Bank of East Asia (Traditional Chinese: 東亞銀行) SEHK: 0023 often abbreviated to BEA, is the largest independent local bank and the third largest bank in Hong Kong.
It was founded in Hong Kong in 1918 and has since grown to a HK$19.4 billion (US$2.5 billion) market capitalization. It is listed on the Hong Kong Stock Exchange as BEA. The bank was named the best bank in a poll by The Asset. The Bank of East Asia has more than 100 branches to serve its retail customers in Hong Kong, therefore the bank's cost of interest is also competitive.
BEA has acquired United Chinese Bank and First Pacific Bank.
Its Chairman and Chief Executive is The Hon. Dr. David Li Kwok-po.
