Strong competitive position as the fifth-largest bank in Hong Kong Adequate capitalization supported by prudent capital management Weaker competitive position and small presence in China Sectoral concentration in the property investment and real estate segment Standard&Poor's Ratings Services bases its ratings on The Bank of East Asia Ltd. (BEA) on the bank's "adequate" business position, "adequate" capital and earnings, "adequate" risk position, "average" funding, and "adequate" liquidity, as defined under our criteria. BEA's stand-alone credit profile (SACP) is 'bbb+'. Our bank criteria use the BICRA economic risk and industry risk scores to determine a bank's anchor, the starting point in assigning an issuer credit rating. The anchor for a commercial bank operating only in the Hong Kong is
