MarketDah Sing Bank
Company Profile

Dah Sing Bank

Dah Sing Banking Group Limited (DSBG) is a Hong Kong–based banking and financial company, headquartered in Wan Chai. It has been listed on the Hong Kong Stock Exchange since 2004. It has three main banking subsidiaries providing relevant services through a branch network of around 70 branches over Hong Kong, Macau and Mainland China, and a securities trading company.

History
1947: Establishment of Dah Sing Bank, Limited (DSB). 1987: DSB acquired Hong Kong Industrial and Commercial Bank Limited; Public listing of Dah Sing Financial Holdings Limited(DSFH) 1990: Establishment of Dah Sing Life Assurance Co. Limited. 1993: DSFH acquired Wing On Bank Limited. 1994: Dah Sing Bank transferred its 40% ownership at Hong Kong Industrial and Commercial Bank to China Construction Bank. 1997: DSFH, Abbey National plc and Hambros Bank Limited went into a contract to jointly run the Wing On Bank Limited as a Hong Kong–based private bank and renamed it as DAHP. 2002: China Construction Bank purchased the remaining equity interest of Jian Sing Bank from Dah Sing Bank. 100% of BCM Bank (Banco Comercial de Macau) and 96% equity interests in BCM’s general and life insurance subsidiaries from Banco Comercial Portugues. 2007: DSB completed the acquisition of a 17% total equity interest in the Bank of Chongqing (BOCQ). 2010: DSB integrated with MEVAS Bank (formerly known as DAHP). 2011: Establishment of OK Finance Limited. 2017: DSFH sold its entire shareholding interest in life insurance business in Hong Kong and Macau to Tahoe Investment Group Co. Limited. 2019: First bank in Hong Kong to offer full virtual loan application – no need for income proof and address proof 2021: Opened Queen's Road East Branch == Parent companies and leadership ==
Parent companies and leadership
Dah Sing Financial Holdings Dah Sing Financial Group was founded on 22 April 1987, and is the ultimate parent company, which owns a majority share of Dah Sing Financial Holdings, which in turn owns a majority share of Dah Sing Banking Group and other non-banking financial assets. List of chief executives • Ronald Carstairs (1991–2001) • Derek Wong Hon-hing (since 2002) List of chairmen David Wong Shou-yeh (since 1987) Dah Sing Banking Group Dah Sing Banking Group was founded on 11 March 2004, and has three banking entities under it: Dah Sing Bank, Banco Comercial de Macau and Dah Sing Bank (China) Limited. • Chairman: David Wong Shou-yeh (since 2004) • Chief Executive: Derek Wong Hon-hing (since 2017); second term List of chief executives • Derek Wong Hon-hing (2004–2011) • Harold Wong Tsu-hing (2011–2017) • Derek Wong Hon-hing (since 2017); second term List of chairmen David Wong Shou-yeh (since 2004) == Dah Sing Bank senior leadership ==
Dah Sing Bank senior leadership
Dah Sing Bank was founded on 1 May 1947. List of chairmen • Yang Yuan-loong (1947–1957) • Wong Shih-sing (1957–1983) • David Wong Shou-yeh (since 1983) List of chief executives • Edward Cheung Ting-yat (1974–1986) • John William Simpson (1986–1991) • Ronald Carstairs (1991–2000) • Derek Wong Hon-hing (2000–2011) • Harold Wong Tsu-hing (since 2011) == See also ==
tickerdossier.comtickerdossier.substack.com