Our Milestones

  • 2020


    Launch of BOA Pay – an advanced and secured digital payment channel


    Completion of the upgrade of Core Banking System

    Launch of Bank of Asia Mobile Banking App

  • 2019


    Application for full banking license and securities license from BVI FSC

    Commencement of full operation of Bank of Asia

  • 2018


    Opening ceremony of Bank of Asia in BVI


    Commencement of beta testing for Bank of Asia

  • 2017


    Banking license granted by BVI FSC


    SWIFT membership


    First account opening application received

  • 2016


    Letter of approval from BVI FSC

  • 2015


    Submission of banking license application to BVI FSC

  • 2014


    Submission of proposal to BVI Financial Services Commission (“FSC”)


    Request from BVI Premier Orlando Smith to assist with account opening issue

Our Business Model and Strategy

Offering an efficient and hassle-free new banking solution to our customers including companies and individuals, our business model is built on the investment and development of FinTech platforms without the legacy.

This agile and cost-effective infrastructure allows us to maximize the value for our customers and provide the best-in-class user experience.

Besides the banking services through digital channel, we are also providing unique and customized financial and lifestyle services through our extensive networks.

Our Governance

The core of our strategy is effective and smart risk management. Regulated by the Financial Services Commission of the British Virgin Islands, we have a high standard of KYC process and robust AML compliance and internal control in accordance with regulatory requirements.

Governed by Board of Directors, the Bank also establish a Risk Committee at senior management level to ensure the business is appropriately managing the risks.

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