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Topic: Bank of East Asia

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	CNN.com - World Bank: East Asia to lead 2003 growth - March 13, 2002
		The bank says that after the sharpest global slowdown in almost 30 years last year, economic recovery has started, beginning in the United States and East Asia.
		Sydney-based analyst IMA Asia, in its March global outlook, opted for a growth prediction of 0.9 percent for Japan next year, and for Asia ex-Japan to grow at 6.3 percent.
		China is a big component of this, with IMA Asia forecasting a 7.9 percent growth rate in 2003 for China.
	archives.cnn.com /2002/BUSINESS/asia/03/13/asia.growth.biz/index.html (430 words)

	Historical Association of Deutsche Bank \| Topics \| East Asia \| Die Deutsche Bank in Ostasien
		Fourteen years were to go by before Deutsche Bank again returned to East Asia: within the framework of its participation in Deutsch-Asiatische Bank, which was founded with headquarters in Shanghai in 1889 by a syndicate of renowned stock corporation banks and private bankers.
		The bank's principal activity was trade financing; but together with English and French banks, it also played an outstanding role in the underwriting of bonds for the Chinese government and in the financing of railway construction in China.
		One after the other, the partner banks withdrew from their participations, and starting from the end of 1986 the bank was called "Deutsche Bank (Asia)", which was then merged into Deutsche Bank in 1987-88 with the 14 branches it had at that time.
	www.banking-history.com /04_01_01_01.html (587 words)

	World Bank raises East Asia growth outlook
		The World Bank on Wednesday raised its 2005 economic growth forecast for East Asia to 6 percent from a November estimate of 5.9 percent, citing stronger-than-expected expansion in China.
		The lender, whose definition of East Asia excludes Japan and the Indian subcontinent, cut its growth forecast for South Korea to 4.2 percent from 4.4 percent and raised its Indonesia estimate to 5.5 percent from 5.4 percent.
		East Asia's economy expanded 7.2 percent in 2004, the fastest pace since before the Asian financial crisis of 1997, as exports, consumption and investment "started firing together," the World Bank said.
	www.iht.com /articles/2005/04/27/business/growth.php (491 words)

	Bank of East Asia - Wikipedia, the free encyclopedia
		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.
		The bank was named the best bank in a poll by The Asset.
		BEA has acquired United Chinese Bank and First Pacific Bank.
	en.wikipedia.org /wiki/Bank_of_East_Asia (141 words)

	Hong Kong Bank of East Asia to acquire NAB - Boston.com
		Bank of East Asia Ltd. said Tuesday it has agreed to acquire National American Bancorp.
		Bank of East Asia Chairman David Li said the acquisition will enable his company to "expand its network to the dynamic San Francisco market and provide it with a platform for further growth in northern California."
		The acquisition "represents Bank of East Asia's shift of focus of its U.S. businesses to commercial banking from wholesale banking," said Peter Yuen, the bank's head of overseas branch operations and development department.
	www.boston.com /business/articles/2006/01/03/hong_kong_bank_of_east_asia_to_acquire_nab (263 words)

	Briefly: Bank of East Asia buys U.S. lender - Marketplace by Bloomberg - International Herald Tribune
		Bank of East Asia, a Hong Kong lender, said Tuesday that it was buying National American Bancorp as part of plans to expand in the United States.
		The bank did not disclose the amount it was paying for National American, which operates three retail branches in the San Francisco area that had assets of $87.3 million at the end of June 30.
		Bank of East Asia has been expanding overseas, including in China, to diversify its income.
	www.iht.com /articles/2006/01/03/bloomberg/sxbriefs.php (357 words)

	CNN.com - Recovery opens East Asia reform window - April 9, 2002
		Growth in non-Japan East Asia is expected to hit 4.5 percent this year, up from 3.5 percent in 2002, the bank said.
		The bank said East Asia's rebound was being underpinned by a number of factors, including strengthened demand in the U.S. and to a lesser extent in Europe.
		In its update released in Singapore Tuesday, the bank noted that East Asia's economic trends appeared to have "decoupled" from Japan, where it said the outlook remained weak and highly uncertain.
	archives.cnn.com /2002/BUSINESS/asia/04/09/asia.worldbank.biz (541 words)

	The Bank of East Asia (Canada) (Site not responding. Last check: 2007-11-07)
		The Bank of East Asia (Canada) ("we", "us" or "the Bank") is committed to respecting your privacy and the confidentiality of your personal information.
		The Bank retains the right to use aggregated data, from which the identity of an individual cannot be determined, in any way that it determines appropriate.
		The Bank endeavours to ensure that any personal information provided and in its possession is as accurate, current and complete as necessary for the purposes for which the Bank uses that information.
	ca.hkbea.com /privacy_statement.html (2080 words)

	Chakravarthi Raghavan, East Asia proves World Bank theory wrong
		Contrary to the World Bank argument that rapid liberalisation of developing country economies is essential for fast growth, the East Asian economies' success is due to their measured pace of trade liberalisation.
		The Bank's argument, by confusing effects and causes, that faster integration in East Asia (both first-and second-tier NICs and China) produced faster growth, is like arguing that spotted owls in North America produce the forests in which they live.
		The East Asian economies, too, while generally liberalising their external sectors and investment regimes, have been adopting a cautious and gradual approach, but continue to attract more FDI and keep growing fast.
	www.hartford-hwp.com /archives/55/010.html (1146 words)

	The Bank of East Asia (Canada) (Site not responding. Last check: 2007-11-07)
		BEA is listed on the Stock Exchange of Hong Kong and is one of the constituent stocks of the Hang Seng Index.
		On the international front, BEA expanded its West Coast presence with the acquisition of Grand National Bank in the United States in 2001.
		BEA has long been known for the comprehensive range of retail and commercial banking services that it provides to a wide array of customers.
	ca.hkbea.com /profile.html (668 words)

	The Bank of East Asia, Ltd. (BEA)
		Bank of East Asia's (BEA) mission is to be the leading Hong Kong bank serving the Hong Kong, mainland, and overseas Chinese communities by increasing customer acquisition and enhancing the relationship with existing customers.
		To fulfill this mission, BEA decided to embark upon a customer relationship management (CRM) journey, with the goal of achieving several key objectives.
		BEA decided to implement its Teradata Warehouse and CRM solution in a phased approach.
	www.teradata.com /t/page/87808/index.html (143 words)

	Asia mixed in twitchy trade - Jul. 27, 1999
		The bounce was inspired largely by earnings from the territory's largest locally-owned bank, Bank of East Asia, which posted a 3.7 percent rise in profit through the first six months of the year.
		Investors embraced the news as a sign other banks may be able to weather their bad-loan problems in a similarly resilient fashion.
		Reuters reported traders were concerned the central bank might hike rates or hold them steady as the peso remained weak.
	money.cnn.com /1999/07/27/markets/asiawrap (818 words)

	Bloomberg.com: Asia
		Downer flew to East Timor today for talks with its leaders in a bid to resolve a political rift fueling violence in the four-year-old Asian nation.
		The Australian Government will lobby the UN in New York for a multinational police force for East Timor, and will also raise the issue ``in the relevant capitals of countries that are members of the UN Security Council,'' Downer said.
		East Timor, or Timor-Leste, with a population of about 1 million, became independent in May 2002 after people voted for independence in a 1999 referendum following a 24-year occupation by Indonesia.
	www.bloomberg.com /apps/news?pid=10000080&sid=aUsai53AXyDI&refer=asia (880 words)

	CNN.com - Economy pushes Asia poverty down - Nov 8, 2004
		The bank's estimated number of those below the $2 poverty line this year is down to 636 million people, or about 34 percent, compared with 890 million or 50 percent in 1999.
		The bank expects strong demand from China, along with the global recovery and a rebound in high-tech industries will propel regional exports to their best performance since 1988.
		But the bank said that despite these successes, there was concern that the outlook for 2005 was less favorable and more uncertain, with overall growth likely to average 5.9 percent -- the same as last year.
	edition.cnn.com /2004/BUSINESS/11/08/eastasia.economy (490 words)

	East Asia and Pacific Category - PSD Blog - World Bank Group
		This year's Program of Seminars at the IMF/WB Annual Meetings are built around the theme of "Asia in the World, the World in Asia" and many of the sessions have looked at the consequence of Asia being home to the most populous nations, a large majority of whose people still live in rural settings.
		Prahalad, building on his comments earlier in the day, noted that in Asia, the poor are not a distinct business proposition to be treated warily.
		However, Shanta Devarajan, the World Bank's chief economist for South Asia, noted that many of these examples reflect market failures that the private sector is addressing on its own initiative.
	psdblog.worldbank.org /psdblog/asia/index.html (7285 words)

	Bank of East Asia surpasses expectations as it looks to promise of China - Banking Business Review (Site not responding. Last check: 2007-11-07)
		Honk Kong lender Bank of East Asia has beaten analyst forecasts in its financial declarations for 2005.
		Looking forward, Bank of East Asia chairman David Li has revealed further development in mainland China is on the cards.
		With the Chinese finance industry poised to take off, Bank of East Asia plans to convert all sub-branch locations into full branches by the end of the year.
	www.banking-business-review.com /article_news.asp?guid=3EEE2016-0F48-44CE-91E2-80AF0DFAA148 (346 words)

	CNN.com - China's Huaxia bank set to list - February 14, 2001
		The FT says the funds raised will be used to bolster the bank's financial position, as well as help it establish an online banking presence and expand its network of branches in China and overseas.
		Duan says that offshore banks have a distinct technological advantage of domestic Chinese banks, meaning they will not need to spend much on local infrastructure as they begin to trade with Chinese companies two years after China's expected entry into the WTO.
		The FT says that as part of the response to the expected intensification of competition, Huaxia has co-operation agreements with overseas banks, including the Bank of East Asia, Standard Chartered Bank and CITIC Ka Wah Bank in Hong Kong.
	edition.cnn.com /2001/WORLD/asiapcf/east/02/14/china.bankipo (399 words)

	East Asia & Pacific
		East Asia and Latin America are Locked in Similar Struggle
		See how the Bank and the Government of Vietnam are preparing for future outbreaks of avian flu.
		East Asian Finance East Asian Visions plus regional perspectives on the
	www.worldbank.org /eap (219 words)

	Bank of East Asia, Limited information and related industry information from Hoover's
		Bank of East Asia Bldg., 10 Des Voeux Rd., 19th Fl.
		Bank of East Asia provides retail and commercial banking services in Hong Kong and mainland China.
		Bank of East Asia has more than 100 branches in Hong Kong and about 30 in mainland China; internationally, it has offices in Canada, Malaysia, Singapore, the UK, the US, and Vietnam.
	hoovers.com /bank-of-east-asia/--ID__56765--/free-co-factsheet.xhtml (482 words)

	Bank of East Asia Limited Jobs
		Bank of East Asia Limited jobs and career hiring news, recruitment and salary surveys.
		Bank of East Asia Limited jobs, Bank of East Asia Limited careers, Bank of East Asia Limited recruitment, financial jobs, jobs in financial sectors, financial careers, career, career in finance, finance employment, finance job vacancy, jobs, careers
		Bank of East Asia Limited jobs: Finance career opportunities and recruitment in the financial sector, browse jobs by financial sector and job location
	jobs.efinancialcareers.com /company-Bank_of_East_Asia_Limited.htm (148 words)

	Bank of East Asia Ltd (0023.HK) Stock Quote \| Stocks \| Reuters.com
		Bank of East Asia Ltd (0023.HK) Stock Quote
		Bank of East Asia Ltd 0023.HK (Hong Kong)
		The Bank of East Asia (BEA), along with its subsidiaries, is engaged in the provision of banking and related financial services, and business, corporate and investor services.
	stocks.us.reuters.com /stocks/overview.asp?symbol=0023.HK (188 words)

	City National Bank Forms Alliance with Bank of East Asia; The Cooperative Agreement Will Enable Both Companies to ... (Site not responding. Last check: 2007-11-07)
		Tricor Group, a member of the BEA Group and the leading professional provider of integrated business, corporate, and investor services in Asia, can also help U.S.-based clients establish and manage corporate structures for operations in China.
		This is the first alliance of its kind for City National Bank and the first North American alliance for the Bank of East Asia.
		City National Bank's International department serves businesses, professional firms, business managers and their clients, and entrepreneurs through a range of international banking services, including trade financing, currency management, foreign exchange, foreign credit information, online foreign exchange and online letters of credit.
	www.findarticles.com /p/articles/mi_m0EIN/is_2006_July_17/ai_n16534837 (824 words)

	City National Bank partners with Bank of East Asia - Los Angeles Business from bizjournals: (Site not responding. Last check: 2007-11-07)
		City National Bank and The Bank of East Asia Ltd. announced a China/America joint business alliance to help California companies who are doing business in China and throughout Asia, the company said Monday.
		Tricor Group, a member of the Bank of East Asia Group and a provider of integrated business, corporate and investor services in Asia can also help U.S.-based clients establish and manage corporate structures for China operations.
		The Bank of East Asia was incorporated in Hong Kong in 1918 and has more than $30 billion (U.S.) in assets.
	www.bizjournals.com /losangeles/stories/2006/07/17/daily9.html (630 words)

	SSRN-Corporate Valuation and the Resolution of Bank Insolvency in East Asia by Simeon Djankov, Jan Jindra, Leora Klapper (Site not responding. Last check: 2007-11-07)
		Our findings suggest that a bank relationship adds value to a firm, and that investor confidence in bank-related firms depends on investors' certainty in the continuity of the banking relationship.
		Announcement of a bank closure, preceding liquidation and resulting in a complete loss of ties with the main creditor, leads to discounts in the market value of related firms.
		Announcement of a foreign sale is associated with initial value discounts, but longer-term market premiums as investors revise their expectations of the effect of foreign capital and expertise.
	papers.ssrn.com /sol3/papers.cfm?abstract_id=200633 (362 words)

	The Bank of East Asia (Canada) (Site not responding. Last check: 2007-11-07)
		Whilst every effort has been made to ensure accuracy, no responsibility will be accepted by The Bank of East Asia (Canada) for errors and omissions however caused.
		The information should not be relied on as professional advice and should not be regarded as a substitute for detailed advice in individual circumstances in which the services of a competent professional adviser should be sought.
		Services may be withdrawn or amended at any time without notice at the discretion of The Bank of East Asia (Canada).
	ca.hkbea.com /disclaim.html (206 words)

	Global Data Monitoring Information System (Site not responding. Last check: 2007-11-07)
		The map has a special focus on educating secondary school students about the substance of the MDGs and what is needed to meet them.
		The Millennium Development Goals website is managed and maintained by the Development Data Group of the World Bank in association with the agencies and groups listed on the Partners page.
		For more information on development data and the Bank's data work visit http://www.worldbank.org/data/.
	ddp-ext.worldbank.org /ext/GMIS/home.do?siteId=2 (180 words)

	Bank of East Asia to acquire National American Bancorp \| newratings.com (Site not responding. Last check: 2007-11-07)
		Bank of East Asia to acquire National American Bancorp
		NEW YORK, January 3 (newratings.com) — Hong Kong's fifth-largest lender Bank of East Asia Ltd (ticker: BOA) Tuesday announced that it is acquiring National American Bancorp (NAB) for an undisclosed sum.
		The acquisition would be made through Bank of East Asia’s wholly-owned subsidiary, East Asia Holdings Co Inc (EAHC).
	www.newratings.com /analyst_news/article_1169972.html (243 words)

	World Bank urges East Asia to develop equity/bond markets - Forbes.com (Site not responding. Last check: 2007-11-07)
		It said East Asia had foreign exchange reserves of 1.6 trln usd and 9.6 trln usd in financial sector assets at the end of 2005 -- the most significant development in the region since the financial crisis began in mid-1997.
		Although securities markets have grown by 300 pct in the last nine years, the banking sector, with 5.5 trln usd in assets, still dominates East Asias financial sector, it noted.
		Homi Kharas, the World Bank's chief economist for East Asia and the Pacific, said much of the growth in the bond markets have been on account of bonds issued by governments, largely to restructure the banking system.
	www.forbes.com /markets/feeds/afx/2006/06/22/afx2832641.html (629 words)

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