Bank of East Asia

Founded in 1918, Bank of East Asia is the largest independent local bank and third largest bank in Hong Kong. It was co-founded in 1918 by Li Koon-chun, grandfather of David Li Kwok-po, who has been its chief executive since 1981.

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Bank of East Asia FY profit jumps 39pc

PUBLISHED : Tuesday, 26 February, 2013, 2:16pm
UPDATED : Tuesday, 26 February, 2013, 2:16pm
 

Bank of East Asia, Hong Kong’s largest locally-owned bank, said 2012 net attributable profit rose to HK$6.1 billion, up 39 per cent on the HK$4.5 billion net profit in 2011. Analysts had expected a more modest rise of about 20 per cent.

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