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Home > Company Index > Banking > Banking - Asia & Australia > Hang Seng Bank Limited

Hang Seng Bank Limited
OTC: HSNGY
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 PROFILE
Hang Seng Bank offers banking and financial services in Hong Kong and mainland China. The company, with more than 150 branches and automated banking centers (including one in every subway station), is Hong Kong's second-largest bank behind its sister Hongkong and Shanghai Banking Corp. Both banks are members of the London-based HSBC Group (62% owner of Hang Seng). Hang Seng provides traditional and nontraditional corporate and retail banking services, including life insurance, credit cards, smart cards, investment accounts, mortgages, and auto loans. Hang Seng has emerged comparatively unharmed from both the handover of Hong Kong to mainland China and the Asian financial crisis.

 COMPETITION
Bank of China (dossier)
Bank of East Asia, Limited (BKEAY)
Dao Heng Bank Group Limited (dossier)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 4,091.20
1-Yr. Sales Growth: 1.8%
Employees: 7,500
Revenue per employee: $545,493.33

 KEY PEOPLE
• Vincent H. C. Cheng
    CEO
• Patrick Chan
    CFO

 CONTACT INFO
83 Des Voeux Rd. Central
, Hong Kong
Phone: 852-2198-1111
Fax: 852-2868-4047
Online: Web Site

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