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Bank of East Asia (HKSE:00023) Mortgage Backed Securities (USD Mil) : 0.00 (As of . 20)


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What is Bank of East Asia Mortgage Backed Securities (USD Mil)?

Mortgage Backed Securities (USD Mil) is a type of investment similar to a bond that is made up of mortgage loans bought from the banks that issued them. It is a type of asset-backed security secured by a mortgage or collection of mortgages.

The historical rank and industry rank for Bank of East Asia's Mortgage Backed Securities (USD Mil) or its related term are showing as below:


Bank of East Asia Mortgage Backed Securities (USD Mil) Historical Data

The historical data trend for Bank of East Asia's Mortgage Backed Securities (USD Mil) can be seen below:

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Bank of East Asia Mortgage Backed Securities (USD Mil) Chart



Bank of East Asia  (HKSE:00023) Mortgage Backed Securities (USD Mil) Explanation

Mortgage Backed Securities (USD Mil) is a type of asset-backed security secured by a mortgage or collection of mortgages. The mortgages are aggregated and sold to a group of individuals (a government agency or investment bank) that securitizes, or packages, the loans together into a security that investors can buy. Investors are essentially lending money to home buyers, while the bank becomes an intermediary between the home buyer and the investors.


Bank of East Asia Mortgage Backed Securities (USD Mil) Related Terms

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Bank of East Asia (HKSE:00023) Business Description

Industry
Traded in Other Exchanges
Address
10 Des Voeux Road Central, Hong Kong, HKG
Bank of East Asia Ltd provides banking services. The company's segments include Personal banking; Wholesale banking; Treasury markets; Wealth management; Centralised operations; Others; Mainland China operations; Overseas operations and Corporate management. It generates maximum revenue from the Personal banking segment. The Personal Banking segment includes branch operations, personal internet banking, consumer finance, property loans, and credit card business to individual customers in Hong Kong. Geographically, it derives a majority of its revenue from Hong Kong.

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