Detail akcie Bank East Asia Depository Receipt online

Business Summary: Bank of East Asia Ltd is a company mainly engaged in the banking business. The Company operates its business through nine segments. The Mainland China Operations segment mainly include the back office unit for Mainland China operations in Hong Kong, all subsidiaries and associates operating in Mainland China, except those subsidiaries carrying out data processing and other back office operations for Hong Kong operations in Mainland China. The Corporate Banking segment provides corporate lending and loan syndication, asset-based lending, commercial lending, securities lending and trade financing activities with correspondent banks and corporates. The Personal Banking segment is engaged in the branch operations, personal internet banking, consumer finance, property loans and credit card business to individual customers. The Overseas Operations segment provides back office unit for overseas banking operations in Hong Kong, Macau Branch, Taiwan Branch and all branches, subsidiaries and ass
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, Bank of East Asia Ltd (ADR) interest income increased 60% to HK$39.69B. Net interest income after loan loss provision increased 46% to HK$11.6B. Net income applicable to common stockholders decreased 4% to HK$3.52B. Net interest income after loan loss provision reflects Personal Banking segment increase of 43% to HK$5.53B, Net Interest Margin, Total -% increase of 30% to 2.14%.