Company Overview of Wing Lung Bank Limited
Wing Lung Bank Limited, together with its subsidiaries, provides banking and related financial services. Its Retail Banking segment engages in accepting various deposits, including savings accounts, current accounts, and fixed deposits; lending mortgage and personal loans; and providing wealth management services. The company’s Corporate and Commercial Banking segment offers advance of commercial and industrial loans, trade financing, hire purchase, and leasing, as well as remittance, auto-payroll, trustee, insurance, and credit card services. Its Treasury segment engages in foreign exchange, money market, interbank market, and capital market activities. The company’s Insurance segment offer...
45 Des Voeux Road
Founded in 1933
Key Executives for Wing Lung Bank Limited
Chief Risk Officer and General Manager
Chief Information Officer
Compensation as of Fiscal Year 2013.
Wing Lung Bank Limited Key Developments
The Federal Reserve Board Approves Wing Lung Bank Ltd. to Establish Branches in San Francisco and Alhambra
Jan 14 14
The Federal Reserve Board announced its approval of the application of Wing Lung Bank Ltd., Hong Kong SAR, People’s Republic of China, to establish branches in San Francisco and Alhambra, both in California.
Wing Lung Bank Limited Announces Consolidated Unaudited Earnings Results for Six Months Ended June 30, 2013
Aug 23 13
Wing Lung Bank Limited announced consolidated unaudited earnings results for six months ended June 30, 2013. For the period, the company reported revenue of RMB 440,885,000, loss before taxation of RMB 22,812,000 or RMB 0.128 basic and diluted per share, net cash used in operating activities of RMB 2,841,000 compared to the revenue of RMB 512,772,000, profit before taxation of RMB 9,411,000 or RMB 0.046 basic and diluted per share, net cash generated from operating activities of RMB 72,412,000, for the same period a year ago. Loss attributable to equity holders of the company was RMB 22,594,000 against profit attributable to equity holders of RMB 8,098,000 a year ago.
Wing Lung Bank Limited, Annual General Meeting, May 31, 2013
Apr 26 13
Wing Lung Bank Limited, Annual General Meeting, May 31, 2013., at 16:00 China Standard Time. Location: Lin Gang Industrial Zone, Henggengtou Village. Agenda: To consider the audited consolidated financial statements and reports of the Directors and Auditors for the year ended 31 December 2012; to re-elect directors; to authorise the board of directors to fix their remuneration; to re-appoint the auditors of the company and authorise the Directors to fix their remuneration; and to grant a general mandate to the Directors to issue, allot and deal with the company's additional shares.
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