Hang Seng Bank Ltd - Company Profile
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Hang Seng Bank Ltd (Hang Seng) is a financial institution recognized for providing banking, investment, and wealth management services. The bank's main activities include offering a range of financial products such as personal and commercial banking, investment services, and insurance. Hang Seng is associated with its award-winning mobile app, which enhances its digital service offerings. The bank serves individual customers and businesses, providing solutions tailored to personal banking, consumer lending, and corporate financial needs. Hang Seng's services are accessible through various channels, including digital platforms and physical branches. It operates a strategic network of service outlets and branches across Hong Kong, mainland China, Macau, and Singapore, and maintains a representative office in Taipei. Hang Seng is headquartered in Hong Kong, China.
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Products and Services
| Products | Services |
|---|---|
| Mortgages and Loans: | Online Banking |
| Property Refinancing | Mobile Banking |
| Government Housing Schemes Loans | e-MPF |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Plans/Strategy | In October, the company announced its plans to sell its 36.5% stake to HSBC Asia Pacific. |
| 2025 | New Products/Services | In April, the bank along with d Mastercard introduced Hong Kong's first business World Mastercard debit card the Hang Seng Commercial Multi-Currency Debit Mastercard. |
| 2025 | New Products/Services | In April, the bank launched Hang Seng High Dividend 30 Index ETF fund. |
Competitor Comparison
| Key Parameters | Hang Seng Bank Ltd | The Bank of East Asia Ltd | Industrial and Commercial Bank of China (Asia) Ltd | DBS Bank (Hong Kong) Ltd | China CITIC Bank International Ltd |
|---|---|---|---|---|---|
| Headquarters | Hong Kong | Hong Kong | Hong Kong | Hong Kong | Hong Kong |
| City | Hong Kong | Hong Kong | Hong Kong City | Hong Kong City | Hong Kong |
| No. of Employees | 8,143 | 7,669 | 3,077 | - | 1,100 |
| Entity Type | Private | Public | Private | Private | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Diana Ferreira Cesar | Director; Chief Executive Officer | Executive Board | 2021 | 57 |
| SAW Say Pin | Chief Financial Officer; Director | Executive Board | 2022 | 58 |
| Vivien CHIU Wai Man | Chief Operating Officer | Senior Management | 2022 | 61 |
| Forrest CHAI Yut Man | Chief Information Officer | Senior Management | - | - |
| Kathy Cheung Ka Wai | Chief Risk Officer; Chief Compliance Officer | Senior Management | 2022 | 54 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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