Brief: HKMA Removes Bank Of East Asia From Domestic Systemically Important Authorized Institutions

The Bank of East Asia

24/12/2021 09:07

Dec 24 (Reuters) - HONG KONG MONETARY AUTHORITY 
    * SAYS TOTAL NUMBER OF DOMESTIC SYSTEMICALLY IMPORTANT
AUTHORIZED
INSTITUTIONS (D-SIBS) HAS DECREASED FROM SIX TO FIVE
    * SAYS BANK OF EAST ASIA LTD  0023.HK  IS NO LONGER
IDENTIFIED AS
A D-SIB IN ASSESSMENT CONSIDERING ITS SYSTEMIC IMPORTANCE
RELATIVE TO OTHER INSTITUTIONS

    
    Source text https://statics.teams.cdn.office.net/evergreen-assets/safelinks/1/atp-safelinks.html

 (Reporting by Hong Kong newsroom)
 ((meg.shen@thomsonreuters.com; 852-39525805;))