Bank of East Asia : BEA Launches “Green Mortgage x Deposit Plan”
December 01, 2022 at 01:04 am EST
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For Immediate Release
BEA Launches "Green Mortgage x Deposit Plan"
Hong Kong, 30th November, 2022 - The Bank of East Asia, Limited ("BEA" or "the Bank") today announces the launch of its new "Green Mortgage x Deposit Plan". As part of the Bank's efforts to further promote green living and support green financing in Hong Kong, green mortgage customers can now earn a preferential interest rate on online time deposits.
Ms. Shirley Wong, General Manager and Head of Personal Banking Division at BEA, said, "BEA supports sustainable development in Hong Kong, and our retail banking operations are actively exploring new green business opportunities. Since the launch of our 'Green Mortgage Plan' last year, over 20% of mortgage customers have chosen this product. In view of this, we are offering a preferential time deposit rate so that our customers can earn a preferential interest rate on online time deposits."
"The "Green Mortgage Plan" is offered to prospective purchasers of first-hand, second- hand, or government-subsidised residences that have a valid provisional/final "Platinum" or "Gold" rating under the BEAM Plus New Buildings/Existing Buildings scheme of the Hong Kong Green Building Council. During the promotional period, green mortgage customers can receive an extra cash rebate of up to HK$16,888.
The "Green Mortgage x Deposit Plan" allows eligible green mortgage customers to earn a preferential interest rate on 12-month time deposits placed with new funds through the Bank's online channels with paperless processes, for a total deposit amount of up to 100% of their mortgage loan amount.
For more information, please call (852) 3608 8686 or visit
www.hkbea.com/greenmortgage/en.
Promotional period runs until 31st December, 2022.
To borrow or not to borrow? Borrow only if you can repay!
Terms and conditions apply.
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About The Bank of East Asia, Limited
Incorporated in 1918, The Bank of East Asia, Limited ("BEA") is a leading Hong Kong-
based financial services group listed on The Stock Exchange of Hong Kong, with total consolidated assets of HK$908.2 billion (US$115.8 billion) as of 30th June, 2022.
BEA provides a comprehensive range of wholesale banking, personal banking, wealth management, and investment services to customers through an extensive network of about 150 outlets covering Hong Kong, the rest of Greater China, Southeast Asia, the United Kingdom, and the United States. For more information, please visit
www.hkbea.com.
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Media enquiries:
Ms Judy Kwan
Mr Mill Seen
Head of Corporate Communications
Senior Corporate Communications Manager
The Bank of East Asia, Limited
The Bank of East Asia, Limited
Tel: (852) 3608 5830
Tel: (852) 3608 5829
Email:kwanjtm@hkbea.com
Email:seenmsl@hkbea.com
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BEA launches the "Green Mortgage x Deposit Plan", offering a preferential online time deposit interest rate for green mortgage customers.
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BEA - The Bank of East Asia Limited published this content on 30 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 December 2022 06:03:05 UTC.
Bank of East Asia Ltd is a company mainly engaged in the banking business. The Company operates its business through nine segments. The Mainland China Operations segment mainly include the back office unit for Mainland China operations in Hong Kong, all subsidiaries and associates operating in Mainland China, except those subsidiaries carrying out data processing and other back office operations for Hong Kong operations in Mainland China. The Corporate Banking segment provides corporate lending and loan syndication, asset-based lending, commercial lending, securities lending and trade financing activities with correspondent banks and corporates. The Personal Banking segment is engaged in the branch operations, personal internet banking, consumer finance, property loans and credit card business to individual customers. The Overseas Operations segment provides back office unit for overseas banking operations in Hong Kong, Macau Branch, Taiwan Branch and all branches, subsidiaries and ass
THE BANK OF EAST ASIA, LIMITED 
