House of the Year, Hong Kong

- Asia Risk staff writers
- 26 Oct 2009

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Bank of East Asia

As the first Asian bank to suffer a bank run for years, Bank of East Asia (BEA) might seem an odd choice for this award. But BEA has drawn praise for its ability to recover from a smear campaign launched against it in the immediate aftermath of the collapse of Lehman Brothers in September last year – a time when investors were deeply mistrustful of financial institutions from Wall Street through to the high street.

At the time of the bank run, BEA’s capital adequacy ratio was

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