Industrial and Commercial Bank of China (Asia) (ICBC (Asia)) and Bank of China (Hong Kong) (BOC HK) receive recognitions for their outstanding performance and excellence in the asset custody services and wealth management businesses, respectively. ICBC (Asia) is awarded Best Custodian Bank in Hong Kong for its exceptional gains in scale, service innovation and operational robustness BOC HK wins Best Wealth Management Bank in Hong Kong Hong Kong, 24 June 2025– ICBC (Asia) and BOC HK are recognised for their institutional efforts and achievements in financial market custody and retail customer wealth management business at The Asian Banker Hong Kong Awards Programme 2025, held at Shangri-La Hong Kong. Best Custodian Bank in Hong Kong In 2024, ICBC (Asia) achieved a 42% surge in its total assets under custody, delivered 30% year-on-year profit growth and expanded custodian service coverage to over 90 global markets. ICBC (Asia) has also enhanced its e-custody platform, launched new fund settlement services and reinforced operational resilience through upgraded risk models, disaster recovery drills and end-to-end automation. For its exceptional gains in scale, service innovation and operational robustness, ICBC Asia receives the award for Best Custodian Bank in Hong Kong.. Best Wealth Management Bank in Hong Kong BOC HK demonstrates exceptional leadership in local and cross-border wealth management, providing seamless services to affluent clients acrossHongKongand Greater Bay Area. By leveraging artificial intelligence (AI)-driven engagement technology and advanced analytics, the bankoffers a wide rangeofpersonalised services tailored for high-net-worth (HNW) individuals. BOC HKpairs customers with specialists, launches FamilyMAX and retirement propositions to address unique family and retirement planning needs through a bespoke approach. Its commitment to customer-centric solutions and continuous enhancement of the customers’ wealth management experience lead to its recognition as Best Wealth ManagementBankinHongKong. Meanwhile, ICBC (Asia) receives Highly Commended Transaction Bank in Hong Kong for its sustained performance improvements, digital innovation and strategic execution across regional and cross-border transaction banking. BOC HK also wins Best Home Loan Financing in Asia Pacific for its transformational Home Expert, tailoring services to various segments and needs of home buyers with property insights and comprehensive services. CCB Asia wins both Most Improved Retail Bank in Hong Kong and Most Improved Wealth Management Bank (affluent segment) in Hong Kong for its market-leading customer acquisition and cross-border financial innovation and rapid expansion in affluent client assets. Standard Chartered Hong Kong wins Best Deposit Product in Hong Kong for its pioneering product architecture and measurable impact on both customer outcomes and internal efficiency. Statrys is named Best Cross-Border Fintech Payments Platform in Hong Kong for addressing small and medium-sized enterprise (SME) transaction pain points in cross- border payments and for driving efficiency and user base growth. China CITIC Bank International receives Best Digital Wealth Management Platform Initiative in Hong Kong for its inclusive digital wealth strategy and integration of AI and analytics. CICC International is recognised in both operational risk management technology implementation and wealth management technology implementation for reducing manual interventions, standardising processes and improving cross-border investment efficiency. Bank of East Asia receives Best Social Media Engagement Initiative in Hong Kong and Best Digital Brand Initiative in Asia Pacific for its pioneering use of technology and reimagining of social media to enhance customer engagement. Hang Seng Bank earns Best Mobile Banking Service in Asia Pacific for its leadership in digital innovation and customer engagement through mobile channels. The Asian Banker Hong Kong Awards 2025 Retail Institutional Awards -Most Improved Retail Bank in Hong Kong – CCB Asia -Most Improved Wealth Management Bank (Affluent Segment) in Hong Kong – CCB Asia Retail Products and Services, Digital and Frictionless Awards -Best Cross-Border Fintech Payments Platform in Hong Kong – Statrys -Best Deposit Product in Hong Kong – Standard Chartered HK -Best Digital Wealth Management Platform Initiative in Hong Kong – China CITIC Bank International -Best Social Media Engagement Initiative in Hong Kong – Bank of East Asia Financial Technology Implementation Awards -Best Operational Risk Technology Implementation in Hong Kong – CICC International -Best Wealth Management Technology Implementation in Hong Kong – CICC International Transaction Banking Institutional Awards -Highly Commended Transaction Bank in Hong Kong – ICBC (Asia) Financial Market Awards -Best Custodian Bank in Hong Kong – ICBC (Asia) TAB Global Excellence in Retail Financial Services Awards -Best Mobile Banking Service in Asia Pacific - Hang Seng Bank -Best Home Loan Financing Product in Asia Pacific - Bank of China (Hong Kong) -Best Digital Brand Initiative in Asia Pacific - Bank of East Asia -Best Wealth Management Bank in Hong Kong - Bank of China (Hong Kong) For more information about the Hong Kong Awards Programme, please click here. Media contact: Genivi Factao Editor TAB Global Email: [email protected]
