When the Qing Dynasty of imperial China was overthrown in the early 20th century, many Chinese businessmen and merchants relocated their business to Hong Kong. During this period, banks in Hong Kong were generally separated into two groups, “Western Banks” with modernized management operated by European bankers, and traditional Chinese banks and money changers called “Ngan-ho” operated by local businessmen.
As the Chinese merchants’ businesses expanded rapidly, the traditional Ngan-hos became inadequate to fulfill the banking needs of these fledging merchants. Also, the Ngan-hos had very little business relationships with foreign banks. It was clear that the local Chinese banks needed to reform themselves. However, the modernization process of the local banks was not a simple task and was often met with challenges.
In 1919, Mr Pei Tsu-Yee of Bank of China proposed to establish The Chinese Banks’ Association to represent the interests of the Chinese banks. This idea was strongly supported by Mr. Kan Tong-Po of The Bank of East Asia. Member banks include The National Commercial and Savings Bank Limited, Overseas Chinese Banking Corporation Limited, Yien Yieh Commercial Bank Limited and the Bank of Canton (now China Construction Bank (Asia) Corporation Limited). Interbank liaisons and meetings were only limited to senior management of member banks.
The Association did not have a permanent address at its establishment. In 1948, the Association leased an office at the Bank of East Asia Building as its club premises and called the first Executive Committee meeting, and also began recruiting individual members. The recreation committee was established in 1951 to organize sports and leisure activities for our members. In 1966, the Association moved its premises to the Chiao Shang Building. The Association was officially registered as The Chinese Banks’ Association Limited in 1974 and issued debentures to member banks in the same year to raise capital for the purchase of the present club premises. A design competition was held in 1993 for the Association logo, and the current logo was selected by the Executive Committee.
When the Association was established, there were only six member banks. Eventually, it grew to thirty-five member banks. As the banking sector went through consolidation and mergers, there are currently nineteen member banks, and more than 2,000 individual club members.
The objective of the Association is to provide a platform to promote the companionship between members. The Association holds academic seminars, recreational events and interbank sports competitions for members to participate.
Departmental luncheons are held monthly on a rotating basis, where senior staffs of member banks gather with their peers in similar business roles and responsibilities. Every year during the festive seasons, the Association hosts New Year and Chinese New Year Gala Dinners.
The Association operates a full service Chinese restaurant in the club premises, specializing in traditional dim sum and Cantonese specialty dishes. The restaurant is open for lunch and dinner; members are most welcomed to make reservations.
Under the leadership of the Executive Committee, the Management Committee is responsible for the operation of the Association and provides guidance to the other committees and the Association office. The Academic Committee and Sports & Recreation Committee organize various seminars and activities for our members.
Chairman | The Bank of East Asia, Ltd - Mr. Li Man Kiu, Adrian |
Hon. Secretary | Bank of China (Hong Kong), Ltd - Mr. Chan Man |
Hon. Treasurer | Shanghai Commercial Bank, Ltd - Mr. Kwok Sek Chi, David |
Executive Member | Dah Sing Bank Ltd - Mr. Wong Hon Hing, Derek |
Bank of Communications Co Ltd - Mr. Zhang Wei Zhong | |
Nanyang Commercial Bank, Ltd - Mr. Sun Jian Dong | |
CMB Wing Lung Bank
Mr Alex Cheung
CMB Wing Lung Bank - Mr. Hong Bo |
Chairman | Nanyang Commercial Bank, Ltd - Mr. Liu Jun |
Vice Chairman | Shanghai Commercial Bank, Ltd - Mr. Chan Hor Wang |
Committee Member | The Bank of East Asia, Ltd - Ms. Lau Yuet Ping, Zoe |
Bank of Communications Co Ltd - Mr. Zhang Wei zhong | |
China CITIC Bank International Ltd - Mr. Lo Chun Chau | |
Bank of China (Hong Kong), Ltd - Mr. Yip Kwun Hung, Calvin | |
CMB Wing Lung Bank Ltd - Ms. Lam Suk Fan, Olivia | |
Dah Sing Bank - Ms. Chung Wai Yee, Betty |
Leader | Bank of China (Hong Kong), Ltd - Mr. Dai Daohua |
Sub-leader | Chiyu Banking Corporation, Ltd - Mr. Chan Fai Fat |
Committee Member | Bank of Communications Co Ltd - Ms. Chan See Wan |
CMB Wing Lung Bank Ltd - Ms. Jennifer Shum | |
The Bank of East Asia, Ltd - Ms Tong Shuet Kiu, Doris | |
Shanghai Commercial Bank, Ltd - Mr. Ng Kwok Chung, Duke | |
Nanyang Commercial Bank, Ltd - Mr Cheng Ka Ki, Brian | |
Chong Hing Bank Ltd - Ms Chow Wai Yi, Iris |
Leader | Nanyang Commercial Bank, Ltd - Mr. Kelvin But |
Sub-leader | The Bank of East Asia, Ltd - Ms Bowie Wong |
Committee Member | Bank of China (Hong Kong), Ltd - Ms. Constance Wong |
Bank of Communications Co Ltd - Mr. Kelvin Lam | |
Shanghai Commercial Bank, Ltd - Ms. Shirley Cheung | |
China Construction Bank (Asia) Corp Ltd - Ms. Juliana Chan | |
CMB Wing Lung Bank Ltd - Ms. Lam Suk Fan, Olivia |
Office Manager | Mr. Chung On Leung, Anthony |
Bank of China (Hong Kong) Ltd | www.bochk.com |
The Bank of East Asia Ltd | www.hkbea.com |
Shanghai Commercial Bank Ltd | www.shacombank.com.hk |
China Construction Bank (Asia) Corporation Ltd | www.asia.ccb.com |
Nanyang Commercial Bank Ltd | www.ncb.com.hk |
Bank of Communications Co Ltd | www.bankcomm.com.hk |
CMB Wing Lung Bank Ltd | www.cmbwinglungbank.com |
Chiyu Banking Corporation Ltd | www.chiyubank.com |
Oversea-Chinese Banking Corporation Ltd | www.ocbc.com |
Dah Sing Bank Ltd | www.dahsing.com |
Chong Hing Bank Ltd | www.chbank.com |
Public Bank (Hong Kong) Ltd | www.publicbank.com.hk |
United Overseas Bank Ltd | www.uobgroup.com |
Industrial and Commercial Bank of China (Asia) Ltd | www.icbcasia.com |
Tai Sang Bank Ltd | www.taisangbank.com.hk |
China CITIC Bank International Ltd | www.cncbinternational.com |
DBS Bank (Hong Kong) Ltd | www.dbs.com |
Fubon Bank (Hong Kong) Ltd | www.fubonbank.com.hk |
OCBC Wing Hang Bank Ltd | www.ocbcwhhk.com |
The Hong Kong Federation of Insurers | www.hkfi.org.hk |
Office of the Commissioner of Insurance | www.oci.gov.hk |
Securities and Futures Commission | www.sfc.hk |
China Banking Regulatory Commission | www.cbrc.gov.cn |
Hong Kong Monetary Authority | www.hkma.gov.hk |
The Hong Kong Association of Banks | www.hkab.org.hk |