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Bank of East Asia Schedules Board Meeting for Fiscal Year-End Results
BANK OF E ASIA (00023.HK) held a Board of Directors meeting on February 20 to approve the announcement of the annual results.
On January 20, Glonhui announced that BANK OF E ASIA (00023.HK) will hold a Board of Directors meeting on February 20, 2025 (Thursday) to approve the announcement of the full-year performance for the year ending December 31, 2024, and to consider the distribution of dividends (if any).
BANK OF E ASIA: Date of Board Meeting
UBS Group: Expects the banking industry's interest margins to continue to face pressure in 2025, with state-owned banks performing better in the short term.
The UBS Group research team expressed the view that the Banks will face challenges in 2025, such as further declines in interest rates and a decrease in ROE.
BANK OF E ASIA (00023): Expects the Federal Reserve to cut interest rates by 0.25% each quarter in the first half of the year.
Looking ahead to 2025, the USA economy is expected to grow slightly above the trend rate, reaching 1.9%.
Bank of East Asia Unveils New Share Unit Scheme