The Bank of East Asia, Limited

HKSE 0023.HK

The Bank of East Asia, Limited Free Cash Flow for the year ending December 31, 2023: USD -2.25 B

The Bank of East Asia, Limited Free Cash Flow is USD -2.25 B for the year ending December 31, 2023, a -278.58% change year over year. Free cash flow is the amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
  • The Bank of East Asia, Limited Free Cash Flow for the year ending December 31, 2022 was USD 1.26 B, a 474.38% change year over year.
  • The Bank of East Asia, Limited Free Cash Flow for the year ending December 31, 2021 was USD 219.66 M, a -87.75% change year over year.
  • The Bank of East Asia, Limited Free Cash Flow for the year ending December 31, 2020 was USD 1.79 B, a -2.51% change year over year.
  • The Bank of East Asia, Limited Free Cash Flow for the year ending December 31, 2019 was USD 1.84 B, a 162.73% change year over year.
Key data
Date Free Cash Flow Operating Cash Flow Net Cash Used For Investing Activities Net Cash Used Provided By Financing Activities
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HKSE: 0023.HK

The Bank of East Asia, Limited

CEO Mr. Kai Cheong Li C.P.A., FCCA, AHKSA, FCIS, FCS, HKSI
IPO Date Jan. 4, 2000
Location Hong Kong
Headquarters 10 Des Voeux Road
Employees 8,092
Sector Finance
Industries
Description

The Bank of East Asia, Limited, together with its subsidiaries, provides various banking and related financial services. Its personal banking services include corporate, individual, savings, current, time deposit, and supreme accounts; and fixed and call deposits, foreign currency deposits, MAS services, and auto-payroll products, as well as safe deposit boxes and remittance services. The company also provides corporate banking services, such as SME loans and financing guarantee schemes; corporate and commercial financing products, including syndicated and construction loans, acquisition and structured financing, working capital financing, share financing and IPO-related loans, and commercial mortgages; trade finance services and expert trade solutions; factoring services; import and export trade finance; guarantee services; eTradeConnect that allows buyers and sellers to connect, transact, share information, and submit applications for financing through a single platform; cash management services; corporate wealth management products; foreign exchange and treasury products; trade settlement and financing services; onshore and offshore loans; and marine cargo, property, trade credit, employee compensation, pet, medical, life, savings, and endowment insurance plans. In addition, it offers private banking services comprising investment advisory services; investment solutions, such as unit trusts, linked deposits, currency trading and management, global equities and bonds investments, structured products, and options and derivatives; portfolio management services; securities and futures broking services; cyber banking, credit cards, and ATM; and various international services. The company operates 150 outlets in Hong Kong, rest of Greater China, Southeast Asia, the United Kingdom, and the United States. The Bank of East Asia, Limited was incorporated in 1918 and is headquartered in Central, Hong Kong.

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StockViz Staff

January 15, 2025

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