ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Companies

Hong Kong's Bank of East Asia slims down with digital banking

Century-old institution races to modernize for new era

The Bank of East Asia will try to control costs without resorting to any layoffs. (Photo by Takeshi Kihara)

HONG KONG -- The Bank of East Asia, a Hong Kong mainstay with a 100-year history, has decided to fully embrace the digital age to complement the extensive streamlining of bricks-and-mortar banking.

At a typical BEA location in a Hong Kong shopping center, business is conducted paperlessly. Instead of handing out fliers, bank employees standing behind counters show customers the lineup of financial products using touch screens and other smart devices.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more