The Bank of East Asia (China) (BEA China) has opened a new branch in Fuzhou.

The new branch will deliver a broad range of banking and wealth management services to clients.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

The Fuzhou branch will provide domestic and foreign-invested corporate customers a range of banking and financial solutions in Renminbi and foreign currencies, including customer deposits, short, medium, and long-term loans, bills acceptance and discounting.

Additionally, it will also offer trading of government bonds, financial bonds and other securities (except equities), documentary credit and bank guarantees, remittance and settlement as well as credit search and consulting services.

BEA China currently operates 28 branches in the country including the new Fuzhou Branch in Fujian Province.

Following the move, BEA will close its Fuzhou representative office in the coming future.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

David K.P. Li, chairman & chief executive of BEA and Chairman of BEA China, said: "BEA’s presence in Fuzhou dates back to the opening of its Fuzhou Representative Office in 1992.

"The establishment of the Fuzhou Branch clearly demonstrates our commitment to bringing comprehensive, quality banking solutions to the people and enterprises of this vibrant region. BEA China now operates seven outlets in Fujian Province, namely Fuzhou Branch, Xiamen Branch, and five sub-branches in Xiamen that serve a diverse customer base, "added Li.