Best for HNW in Hong Kong 2023
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AwardsAsia Private Banking Awards

Best for HNW in Hong Kong 2023

The Bank of East Asia

Fritz Chan, The Bank of East Asia.jpg
Fritz Chan, Bank of East Asia

Bank of East Asia has deep roots in Hong Kong, having operated in the city since 1918. Its private banking franchise, which was set up in 2005, has an equally strong position among Hong Kong’s wealthy clients.

This year, BEA wins Asiamoney’s award for best for high net-worth for being proactive during especially tough times and for helping clients to successfully navigate difficult market conditions, all while offering diversification and tailor-made solutions to remain their private banking partner of choice.

Fritz Chan is BEA’s head of private banking, running a skilled team in a bank with a considerable legacy. The broader financial services group has consolidated assets of over HK$900 billion ($117.4 billion) and is well capitalized with a high core equity tier one ratio of 15.7%.