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The Bank of East Asia was founded in Hong Kong in 1918 and opened a branch on the Bund in Shanghai in 1920.

The founders are Li Guanchun, Jian Dongpu, Feng Pingshan and others.

Li Guanchun is from Heshan, Guangdong.

When he was young, he went into business with his father and started from scratch. He worked as an errand boy, bookkeeper, kitchen worker, and broker.

According to his own recollection, when he was growing up between the ages of 13 and 18, he only slept an average of 4 hours a day.

Although his business later grew bigger and bigger and he became one of the founders of the Bank of East Asia, he still adhered to the habit of diligence and thrift.

The servant who took care of his daily life once told a friend that his boss often wore patched socks.

Jian Dongpu is from Shunde, Guangdong.

He studied in Japan and worked for two banks, Japan's Zhengjin and Wanguo, for 12 years. He is well versed in finance.

After returning to China, Jian Dongpu first opened a financial company with Li Guanchun, Feng Pingshan and others, specializing in bank lending, and then reorganized the financial company. After development and expansion, the Bank of East Asia was officially established in 1918.

Jian Dongpu serves as manager.

He targeted overseas Chinese businessmen and his slogan was "Be a bank for the Chinese."

In the first year after its establishment, the Bank of East Asia attracted 4 million Hong Kong dollars in deposits, laying a foundation for its capital.

At that time, Hong Kong's commercial exchanges were developed, and overseas Chinese remittances and withdrawals were huge. Jian Dongpu made every effort to promote foreign exchange deposits and loans.

At that time, the Bank of East Asia established branches in Kowloon, Guangzhou, Hanoi, Vietnam and other places, and in 1920, the East Asia Branch was established on the Bund in Shanghai.

Because the Bank of East Asia has Jian Dongpu who knows how to operate and operates it properly, in the financial statistics of the Republic of China in 1934, the Bank of East Asia ranked 10th among the 27 important banks in the country. Together with the three banks of Overseas Chinese, Zhongxing and Guangdong, the total

The assets accounted for 6.2% of the total number of banks in the country, and the net profit accounted for 5.8%.

Feng Pingshan is from Xinhui, Guangdong.

He provided huge amounts of capital and extensive human resources to Bank of East Asia.

His son married Jian Dongpu's daughter, forming a close relationship and promoting the development of the Bank of East Asia.

The current Chairman of the Board of Directors of the Bank of East Asia, Li Baoguo, is the grandson of Li Guanchun. He was born in 1919. He graduated from the University of Cambridge in England, majoring in economics and law. He later specialized in computer science and was fully prepared to preside over the Bank of East Asia.

In the 1960s, Li Baoguo entered the Bank of East Asia, became familiar with the management business, and took over power in 1981.

Although Li Baoguo, who received Western education since childhood, has Chinese blood in his bones, he is very open-minded in his thinking.

After he took office, he slashed the shackles of the Bank of East Asia family business and recruited troops from outside the walls of the Lee residence.

Since its founding, Bank of East Asia has set its own market goal, which is to be a bank for Chinese people. The mainland is its important market, and they have been waiting for opportunities.

In 1979, they established China's first Sino-foreign joint venture - Beijing Aviation Catering Co., Ltd. in Beijing with the Beijing Civil Aviation Administration of China, Hong Kong Milk Company and Jamestown Investment Co., Ltd.

Subsequently, Bank of East Asia became the first bank in the mainland to introduce credit card business, and the first foreign bank approved to operate electronic online banking business in the mainland.