东亚银行(00023)与三井住友银行订立框架协议

Core Viewpoint - East Asia Bank has entered into a framework agreement with Sumitomo Mitsui Banking Corporation to facilitate efficient trading and compliance with listing rules, enhancing its ability to manage market risks [1] Group 1: Agreement Details - The framework agreement allows East Asia Bank and Sumitomo Mitsui Banking Corporation to enter into spot transactions and derivative contracts [1] - The agreement is set to take effect on October 10, 2025 [1] Group 2: Business Operations - East Asia Bank provides products and services to clients for managing and hedging various market risks, including foreign exchange and interest rate risks [1] - The bank may also engage in spot transactions and derivative contracts with other financial institutions to manage its own market risks [1] Group 3: Relationship with Shareholder - Sumitomo Mitsui Banking Corporation is a major shareholder of East Asia Bank, and the agreement is deemed beneficial for the bank's interests [1] - The board believes that entering into this framework agreement aligns with the bank's operational efficiency and compliance with relevant listing rules [1]