October 23, 2014 1:38 AM ET

Banks

Company Overview of Wing Lung Bank Limited

Company Overview

Wing Lung Bank Limited, together with its subsidiaries, provides banking and related financial services. Its Retail Banking segment is engaged 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; and remittance, auto-payroll, trustee, insurance, initial public offering, cash management, and credit card services. Its Treasury segment is involved in foreign exchange, money market, interbank market, and capital market activit...

45 Des Voeux Road

Central,  

Hong Kong

Founded in 1933

1,721 Employees

Phone:

852 2309 5555

Fax:

852 2810 0592

Key Executives for Wing Lung Bank Limited

Chief Executive Officer
Age: 54
Chief Financial Officer
Chief Operating Officer
Age: 58
General Manager
Chief Information Officer
Compensation as of Fiscal Year 2014.

Wing Lung Bank Limited Key Developments

Wing Lung Bank Limited, Annual General Meeting, May 30, 2014

Wing Lung Bank Limited, Annual General Meeting, May 30, 2014., 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 2013; to re-elect director; 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.

Wing Lung Bank Limited, Special/Extraordinary Shareholders Meeting, May 07, 2014

Wing Lung Bank Limited, Special/Extraordinary Shareholders Meeting, May 07, 2014., at 15:00 China Standard Time. Location: Lin Gang Industrial Zone, Henggengtou Village. Agenda: To approve, confirm and ratify the conditional subscription agreement dated January 22, 2014 between Mr. Xu Yong, Mr. Manabu Shimabayashi, Mr. Wang Dehong, Mr. Li Yuquan, Mr. Shen Jinjiang, Mr. Yu Mingqi, Mr. Li Qunjin, Mr. Liu Haishu and Mr. Chen Gang (subscribers) and the company relating to the subscription of shares by the subscribers and the supplemental agreement; and to approve the waiver under note 1 of the notes on dispensations from Rule 26 of 'The Code on Takeovers and Mergers' waiving the obligation of Mr. Xu Yong and Mr. Xu Yue to make a general offer for the securities of the company and to authorise any one Director to implement any of the matters relating to or incidental to the Whitewash Waiver.

The Federal Reserve Board Approves Wing Lung Bank Ltd. to Establish Branches in San Francisco and Alhambra

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.

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