BEA Injects Additional CNY2 Billion into BEA China
OREANDA-NEWS. March 17, 2014. The Bank of East Asia (“BEA”) announces that it has injected additional capital of two billion Chinese yuan (“CNY”) into The Bank of East Asia (China) Limited (“BEA China”) to support the wholly - owned subsidiary’s continued business expansion on the Mainland.
With this injection, BEA China’s registered capital increases from CNY8 billion to CNY10 billion, and BEA China continues to have one of the strongest capital bases of any foreign - owned subsidiary bank in China.
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