Well Link Bank

From Wikipedia, the free encyclopedia

Well Link Bank Co., Ltd. (Chinese: 立橋銀行股份有限公司; Portuguese: Banco Well Link, S.A;commonly refer as Well Link Bank) is a fully licensed commercial bank in Macau. Founded in 1996, it was acquired by the Hong Kong-based Well Link Financial Group in April 2017 and subsequently changed to its current name. Currently operating seven branches in Macau, it is the only bank in the region that provides services 365 days a year.

Native name
立橋銀行股份有限公司
Company type
Subsidiary
Founded1996; 30 years ago (1996)
Quick facts Native name, Company type ...
Well Link Bank Co., Ltd.
Native name
立橋銀行股份有限公司
Company type
Subsidiary
IndustryBanking, Financial services
Founded1996; 30 years ago (1996)
HeadquartersMacau
Key people
Zhang Sheng Man (Chairman)
Huang Ruisheng (CEO)
ProductsRetail banking, Commercial banking
Increase MOP273 million (2024)
Increase MOP240.9 million (2024)
Total assetsIncrease MOP26.6 billion (2024)
ParentWell Link Financial Group
Websitewlbank.com.mo
Close
Well Link Bank Taipa Flower City Branch
TraditionalChinese立橋銀行
SimplifiedChinese立桥银行
Hanyu PinyinLìqiáo Yínháng
Hanyu PinyinLìqiáo Yínháng
Quick facts Traditional Chinese, Simplified Chinese ...
Well Link Bank
Traditional Chinese立橋銀行
Simplified Chinese立桥银行
Transcriptions
Standard Mandarin
Hanyu PinyinLìqiáo Yínháng
Yue: Cantonese
Jyutpinglap6 kiu4 ngan4 hong4
Close

History

In 1996, the Portuguese bank Banco Espírito Santo established Banco Espírito Santo do Oriente, S.A. in Macau to engage in wholesale banking, serving as its sole branch in the Far East. In 2014, following a crisis and subsequent bankruptcy of Banco Espírito Santo, the Portuguese government created Novo Banco to take over the majority of its operations; consequently, Banco Espírito Santo do Oriente was renamed Novo Banco Asia.

In April 2017, a consortium led by Well Link Financial Group acquired the unit from Portugal's Novo Banco for MOP 1.5 billion (approximately EUR 175 million)[1]. The bank was officially renamed Well Link Bank in October of the same year.

In July 2018, the first branch, Nape Branch, was established.[2]

In 2019, the bank rapidly expanded its branch network, establishing its first branch in Taipa to reach its current scale. During the same period, it also began issuing UnionPay and Visa credit cards.[3][4][5]

In January 2026, the China Securities Regulatory Commission (CSRC) approved Well Link Bank's qualification as a Qualified Foreign Institutional Investor (QFI).[6]

See Also

Reference

Related Articles

Wikiwand AI