Bank of East Asia Ltd 2018 AR2
The report highlights The Bank of East Asia's achievements and financial performance for the fiscal year 2018, marking its centenary of service. The bank successfully completed its three-year cost-saving plan, resulting in improved efficiency and a reduced impaired loan ratio of 0.70%. In terms of sustainability, the bank integrated environmental, social, and governance concerns into its operations, launching the '100 Acts of Kindness' volunteer campaign and achieving a 94% e-statement adoption rate among credit card holders. Additionally, the bank supported various community initiatives through the BEA Charitable Foundation, focusing on education and social welfare.
Company: Bank of East Asia Ltd
Sector: Finance & insurance
Country: Hong Kong
Year: 2018
Type: AR2
Pages: 384
Back to company
Bank of East Asia Ltd
Annual Report
The report highlights The Bank of East Asia's achievements and financial performance for the fiscal year 2018, marking its centenary of service. The bank successfully completed its three-year cost-saving plan, resulting in improved efficiency and a reduced impaired loan ratio of 0.70%. In terms of sustainability, the bank integrated environmental, social, and governance concerns into its operations, launching the '100 Acts of Kindness' volunteer campaign and achieving a 94% e-statement adoption rate among credit card holders. Additionally, the bank supported various community initiatives through the BEA Charitable Foundation, focusing on education and social welfare.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Type
Annual Report with Sustainability Disclosures
Language
English, Chinese
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees