As the first bank to be licensed by the BVI in more than 20 years, Bank of Asia sets the stage as the first fully digitalised bank in the BVI. Bank of Asia Chairman and Founder Carson Wen said that BVI was right home for Bank of Asia, notably due to the BVI being a front-runner in delivering innovative offshore banking services.
Bank of Asia is set to open its doors in an official launch ceremony in the BVI with the Premier and Minister of Finance, the Honorable D. Orlando Smith, OBE, and many other industry representatives on Thursday, 19 July, 2018.
Built on no legacy systems, Bank of Asia’s platform is supported by the latest technologies by companies such as Oracle, Avaloq and Saxo, optimizing the banking experience. With this, Bank of Asia seeks to target high-net-worth individuals (HNWIs), offshore companies and trusts. However, Bank of Asia looks to the horizon, planning for expansion into wealth management, investment advisory and investment banking advisory services through their affiliated Hong Kong-based company, BOA Financial Group next year.
In the meantime, Bank of Asia looks to the horizon, planning for expansion into wealth management, investment advisory and investment banking advisory services through their affiliated Hong Kong-based company, BOA Financial Group next year.
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