Chong Hing Bank Limited

Type: Public
On the web: http://www.chbank.com

Chong Hing Bank (CHB) offers retail and wholesale banking services and products, including deposit accounts, mortgage and automobile loans, corporate banking, and trade financing. The company has approximately 50 branches in Hong Kong and a handful of branches and representative offices in China and the US. Through subsidiaries, CHB also offers insurance and re-insurance investment services, securities trading, and commodities. Its Chong Hing Securities unit offers MPF (pension fund) services. The managing Liu family founded CHB as Liu Chong Hing Bank in 1948.

Key numbers for fiscal year ending December, 2011:
Sales: $254.8M
One year growth: 22.9%
Net income: $72.1M
Income growth: 17.9%

Officers:
Chairman: Liu Lit Mo
Managing Director and CEO: Securities Brokerages

Competitors:
Hang Seng Bank
Wing Hang Bank
Wing Lung Bank