For other banks with a similar name, see First Bank

First Bank (disambiguation)

First Bank is the name used by various financial institutions worldwide. The term, either as whole or as part of a combination of names, may refer to:-International:* First National Bank , a name used by various banks worldwide...

.

First Pacific Bank Limited (traditional Chinese: 第一太平銀行) was a bank

Bank

A bank is a financial institution that serves as a financial intermediary. The term "bank" may refer to one of several related types of entities:...

 based in Hong Kong

Hong Kong

Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...

. It was a wholly owned subsidiary of the investment holding company FPB Bank Holding Company Limited (FPB Bank Holdco). Its headquarters were in the First Pacific Bank Centre in Wan Chai

Wan Chai

Wan Chai is a metropolitan area situated at the western part of the Wan Chai District on the northern shore of Hong Kong Island, in Hong Kong. Its other boundaries are Canal Road to the east, Arsenal Street to the west and Bowen Road to the south. The area north of Gloucester Road is often called...

.

The company moved to its last headquarters facility, First Pacific Bank Centre, in 1991.

The company's major shareholders were First Pacific Company Limited (FP Company) and MIMET FOTIC Investment Limited (MIMET FOTIC). The company was incorporated in Bermuda

Bermuda

Bermuda is a British overseas territory in the North Atlantic Ocean. Located off the east coast of the United States, its nearest landmass is Cape Hatteras, North Carolina, about to the west-northwest. It is about south of Halifax, Nova Scotia, Canada, and northeast of Miami, Florida...

 in 1993.

Hong Nin Savings Bank was acquired by First Pacific Group from the Government of Hong Kong

Government of Hong Kong

The Government of the Hong Kong Special Administrative Region of the People's Republic of China, commonly the Hong Kong Government, is led by the Chief Executive as Head of the Government, who is also the head of the Hong Kong SAR...

 after the then colonial government took over Hong Nin Savings Bank after its failure in 1986. In 1987, First Pacific Group acquired Far East Bank, which was acquired by Citibank

Citibank

Citibank, a major international bank, is the consumer banking arm of financial services giant Citigroup. Citibank was founded in 1812 as the City Bank of New York, later First National City Bank of New York...

 in 1969.

Bank of East Asia

Bank of East Asia

The Bank of East Asia Limited often abbreviated to BEA, is the largest independent local bank and the third largest bank in Hong Kong. Its chairman and chief executive is Sir David Li...

 eventually acquired First Pacific Bank in 2000 and it integrated its operations in 2002.

External links

• First Pacific Bank (Archive - firstpacbank.com.hk)
• First Pacific Bank (Archive - firstpacbank.com)