Bank of East Asia Ltd (0023.HK)
21 Feb 2018
HONG KONG, Nov 30 Hong Kong-based Bank of East Asia Ltd said it would sell certain consumer finance businesses in China and Hong Kong to a money-lending arm of China Financial Services Holdings Ltd for an aggregate HK$1.08 billion ($138.30 million).
WASHINGTON The Federal Reserve Board on Friday said it had approved an application by Hong Kong's Bank of East Asia Ltd to upgrade its existing Los Angeles operation to a full-service branch.
WASHINGTON, Sept 29 The Federal Reserve Board on Friday said it had approved an application by Hong Kong's Bank of East Asia Ltd to upgrade its existing Los Angeles operation to a full-service branch.
* HY net interest income HK$5.74 billion versus HK$5.48 billion
* Sees no "significant deterioration" in 2017 bad loan ratio (Adds further earnings figures, details on asset sales and loan impairment)
HONG KONG, Aug 25 Hong Kong-based Bank of East Asia Ltd (BEA) posted first-half net profit that more than trebled on Friday, due to a drop in loan impairment losses and operational expenses, as well as a surge in interest income.