The Bank of East Asia, SMBC Ink Framework Agreement Covering Spot and Derivative Deals

MT Newswires Live2025-10-13

The Bank of East Asia (HKG:0023) entered into a framework agreement with Sumitomo Mitsui Banking Corp (SMBC) to conduct spot foreign exchange and derivative transactions over 2025-2027, according to an Oct. 10 Hong Kong bourse filing.

Shares of the lender were down over 1% in Monday morning trade.

Under the agreement, BEA and SMBC may enter into spot and derivative contracts on arm's-length, normal commercial terms, with annual caps of HK$25 million for spot transactions and HK$50 million for derivatives in 2025, rising to HK$100 million and HK$200 million, respectively, in both 2026 and 2027.

BEA said the arrangement allows both groups to manage foreign exchange and interest rate risks efficiently and supports the bank's risk management and treasury operations.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2575242393?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-10-13 11:26","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2575242393","market":"us","top_or_hot":-1,"title":"The Bank of East Asia, SMBC Ink Framework Agreement Covering Spot and Derivative Deals","media":"MT Newswires Live","content":"<html><body><p> The Bank of East Asia (HKG:0023) entered into a framework agreement with <a href=\"https://laohu8.com/S/SMFNF\">Sumitomo Mitsui</a> Banking Corp (SMBC) to conduct spot foreign exchange and derivative transactions over 2025-2027, according to an Oct. 10 Hong Kong bourse filing.</p><p>Shares of the lender were down over 1% in Monday morning trade.</p><p>Under the agreement, BEA and SMBC may enter into spot and derivative contracts on arm's-length, normal commercial terms, with annual caps of HK$25 million for spot transactions and HK$50 million for derivatives in 2025, rising to HK$100 million and HK$200 million, respectively, in both 2026 and 2027.</p><p>BEA said the arrangement allows both groups to manage foreign exchange and interest rate risks efficiently and supports the bank's risk management and treasury operations.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Bank of East Asia, SMBC Ink Framework Agreement Covering Spot and Derivative Deals</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Bank of East Asia, SMBC Ink Framework Agreement Covering Spot and Derivative Deals\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-10-13 11:26</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> The Bank of East Asia (HKG:0023) entered into a framework agreement with <a href=\"https://laohu8.com/S/SMFNF\">Sumitomo Mitsui</a> Banking Corp (SMBC) to conduct spot foreign exchange and derivative transactions over 2025-2027, according to an Oct. 10 Hong Kong bourse filing.</p><p>Shares of the lender were down over 1% in Monday morning trade.</p><p>Under the agreement, BEA and SMBC may enter into spot and derivative contracts on arm's-length, normal commercial terms, with annual caps of HK$25 million for spot transactions and HK$50 million for derivatives in 2025, rising to HK$100 million and HK$200 million, respectively, in both 2026 and 2027.</p><p>BEA said the arrangement allows both groups to manage foreign exchange and interest rate risks efficiently and supports the bank's risk management and treasury operations.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00023","symbol_name":"东亚银行","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2575242393","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2575242393","pubTimestamp":1760326000,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"The Bank of East Asia  entered into a framework agreement with Sumitomo Mitsui Banking Corp  to conduct spot foreign exchange and derivative transactions over 2025-2027, according to an Oct. 10 Hong Kong bourse filing.Shares of the lender were down over 1% in Monday morning trade.Under the agreement, BEA and SMBC may enter into spot and derivative contracts on arm's-length, normal commercial terms, with annual caps of HK$25 million for spot transactions and HK$50 million for derivatives in 2025, rising to HK$100 million and HK$200 million, respectively, in both 2026 and 2027.BEA said the arrangement allows both groups to manage foreign exchange and interest rate risks efficiently and supports the bank's risk management and treasury operations.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"00023":"东亚银行","BK1572":"香港银行股","BK1601":"香港本地股","BK4211":"区域性银行","BK1231":"综合性银行","SMBC":"Southern Missouri Bancorp","BK4195":"互助储蓄与抵押信贷金融服务"},"translate_title":"东亚银行与SMBC签署涵盖现货及衍生品交易的框架协议","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00023":0.9,"SMBC":1.5},"content_text":"The Bank of East Asia (HKG:0023) entered into a framework agreement with Sumitomo Mitsui Banking Corp (SMBC) to conduct spot foreign exchange and derivative transactions over 2025-2027, according to an Oct. 10 Hong Kong bourse filing.Shares of the lender were down over 1% in Monday morning trade.Under the agreement, BEA and SMBC may enter into spot and derivative contracts on arm's-length, normal commercial terms, with annual caps of HK$25 million for spot transactions and HK$50 million for derivatives in 2025, rising to HK$100 million and HK$200 million, respectively, in both 2026 and 2027.BEA said the arrangement allows both groups to manage foreign exchange and interest rate risks efficiently and supports the bank's risk management and treasury operations.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.0","shortVersion":"4.36.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2575242393","isCrawlerRequest":true}