Hang Seng Bank Ltd - Company Profile
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Hang Seng Bank Ltd (Hang Seng) is a financial institution that specializes in providing a wide range of banking, investment, and wealth management services. The bank's major activities include wealth and personal banking, commercial banking, and global banking and markets, alongside a comprehensive suite of renminbi services. Its product offerings encompass accounts, deposits, foreign exchange, various loan products including personal and mortgage loans, and investment services such as securities, funds, and bonds. The bank serves a diverse clientele, serving individuals and businesses with both local and cross-boundary banking needs. 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.
Headquarters
Hong Kong
Address
83 Des Voeux Road Central, Central, Hong Kong
Website
www.hangseng.com
Telephone
852 34789216
No of Employees
8,494
Industry
Financial Services
Ticker Symbol & Exchange
11 (HKG)
Revenue (2022)
$10.5B
83.3%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
58.1%
(2022 vs 2021)
Market Cap*
$23.4B
Net Profit Margin (2022)
XYZ
-13.7%
(2022 vs 2021)
* As of and is in US$
Hang Seng Bank Ltd premium industry data and analytics
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 |
|---|---|---|
| 2024 | Others | In March, the bank launched the HKD 33 Billion SME Power Up fund. |
| 2024 | New Products/Services | In January, the bank introduced comprehensive wealth management solution for the ‘Sandwich Generation’. |
| 2024 | Contracts/Agreements | In January, the bank entered into a partnership with AlipayHK to introduce a new payment experience. |
Competitor Comparison
| Key Parameters | Hang Seng Bank Ltd | The Bank of East Asia Ltd | DBS Bank (Hong Kong) Ltd | China CITIC Bank International Ltd | Industrial and Commercial Bank of China (Asia) Ltd |
|---|---|---|---|---|---|
| Headquarters | Hong Kong | Hong Kong | Hong Kong | Hong Kong | Hong Kong |
| City | Hong Kong | Hong Kong | Hong Kong City | Hong Kong City | Kowloon |
| No. of Employees | 8,494 | 8,140 | - | - | - |
| Entity Type | Public | Public | Private | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Diana Ferreira Cesar | Director; Chief Executive Officer | Executive Board | 2021 | 55 |
| SAW Say Pin | Director; Chief Financial Officer | Executive Board | 2022 | 56 |
| Vivien Chiu Wai Man | Chief Operating Officer | Senior Management | 2022 | 59 |
| Jordan Cheung Wang Chun | Chief Marketing Officer | Senior Management | 2022 | 40 |
| Kathy Cheung Ka Wai | Chief Compliance Officer; Chief Risk Officer | Senior Management | 2022 | 54 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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