Top Largest Banks in Hong Kong

Following are the top largest banks in Hong Kong:

Hang Seng Bank Limited
- Hang Seng Bank is a world-class financial institution and is one of the largest banks in Hong Kong.
- It is one of the largest listed companies in terms of market capitalization in Hong Kong, offering a wide range of personal wealth management, commercial banking, corporate banking, treasury and private banking services.
- Established on 28 May 2007, its wholly owned subsidiary Hang Seng Bank (China) Limited operates a mainland China network of outlets in Beijing, Shanghai, Dongguan, Shenzhen, Fuzhou, Guangzhou, Nanjing, Hangzhou, Ningbo, Tianjin, Kuming, Foshan and Zhongshan.

The Bank of East Asia ("BEA")
- BEA is the largest independent local bank in Hong Kong, with total consolidated assets of HK$478.1 billion (US$61.4 billion) as of 30 June 2010.
- It also operates one of the largest networks of any bank in Hong Kong, with many branches and SupremeGold Centres throughout the city.
- In overseas, BEA has established a presence in North America, the UK, and Southeast Asia.

HSBC Hong Kong
- The HSBC Group is one of the world's largest banking and financial services organizations, with offices in countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa.
- The bank provides a comprehensive range of financial services through the following customer groups and global businesses: Personal Financial Services; Commercial Banking; Corporate, Investment Banking and Markets; and Private Banking.

Bank of China (Hong Kong) Limited ("BOCHK")
- In 2003 BOCHK was appointed as the sole clearing bank of RMB banking business in Hong Kong by the People's Bank of China.
- BOCHK is the largest market maker in the RMB bond market, facilitating liquidity in the secondary market and leveraging on its professional trading capabilities.

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Author

Kelvin Wong Loke Yuen is an experienced writer with a strong background in finance, specializing in the creation of informative and engaging content on topics such as investment strategies, financial ratio analysis, and more. With years of experience in both financial writing and education, Kelvin is adept at translating complex financial concepts into clear, accessible language for a wide range of audiences. Follow him on: LinkedIn.

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