Dah Sing Bank


Dah Sing Banking Group Limited 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.
The group was established on 1 May 1947. David Shou-Yeh Wong was appointed as the chairman whilst Harold Tsu-Hing Wong, the son of David Wong, joined as the group managing director and chief executive of DSBG.

History

1947: Establishment of Dah Sing Bank, Limited.
1987: DSB acquired Hong Kong [Industrial and Commercial Bank] Limited; Public listing of Dah Sing Financial Holdings Limited
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.
1998: Dah Sing Bank sold an additional 30% shareholding interest at Jian Sing Bank to China Construction Bank.
2000: DSFH acquired ownerships of DAHP from Abbey and SG Hambros. DAHP became a subsidiary of DSFH while the private banking business, loans and deposits from DAHP were undertaken by Dah Sing Bank.
2002: China Construction Bank purchased the remaining equity interest of Jian Sing Bank from Dah Sing Bank.
2004: Separate listing of Dah Sing Banking Group Limited.
2005: DSBG completed the acquisition of 100% of Pacific Finance Limited, 100% of BCM Bank 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.
2010: DSB integrated with MEVAS Bank.
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

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

  1. Ronald Carstairs
  2. Derek Wong Hon-hing

List of chairmen

  1. David Wong Shou-yeh

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.

List of chief executives

  1. Derek Wong Hon-hing
  2. Harold Wong Tsu-hing
  3. Derek Wong Hon-hing ; second term

List of chairmen

  1. David Wong Shou-yeh

Dah Sing Bank senior leadership

Dah Sing Bank was founded on 1 May 1947.

List of chairmen

  1. Yang Yuan-loong
  2. Wong Shih-sing
  3. David Wong Shou-yeh

List of chief executives

  1. Edward Cheung Ting-yat
  2. John William Simpson
  3. Ronald Carstairs
  4. Derek Wong Hon-hing
  5. Harold Wong Tsu-hing