Eagerly-awaited Bank of Asia to host official launch in the British Virgin Islands

19 Jul 2018

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British Virgin Islands

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.

Related Article:

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Bank of Asia to host official BVI launch
又一家全数字化跨境银行正式成立 (Contents in Chinese only)
Bank of Asia targets high net worths from the Caribbean
Bank of Asia launches operations in British Virgin Islands
Bank of Asia targets wealthy investors with digital launch

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Mr. Carson Wen Cutting the Ribbon at Bank of Asia’s Launching Ceremony in July, 2018
Ribbon cutting ceremony at Bank of Asia Office in Tortola, British Virgin Islands. Board of Directors in the front row (from left to right), Mr. Kenneth Morgan, Mr. Carson wen, Mrs. Barbara O’Neal, Ms. Joycelyn Murraine and Mr. Meade Malone with the Bank of Asia team.
Board of Directors (from left to right), Mr. Meade Malone, Mr. Kenneth Morgan, Mr. Carson Wen, Ms. Joycelyn Murraine and Mrs. Barbara O’Neal in the Bank of Asia office in Tortola, British Virgin Islands.
Board of Directors (from left to right), Mr. Meade Malone, Mr. Kenneth Morgan, Mr. Carson Wen, Ms. Joycelyn Murraine and Mrs. Barbara O’Neal in the Bank of Asia office in Tortola, British Virgin Islands.

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