Far East Bank
| Company type | Private |
|---|---|
| Industry | Banking |
| Founded | 1959 |
| Founder | Deacon Chiu |
| Defunct | 1992 |
| Fate | Merged with Hong Nin Savings Bank to form First Pacific Bank |
| Headquarters | Tsuen Wan , Hong Kong |
| Owner | First Pacific (from 1992) |
Far East Bank originated in Hong Kong in 1959, established by Deacon Chiu (), the entrepreneur behind Far East Holdings. Initially operating as a qianzhuang (traditional native bank) in Tsuen Wan, its main clientele consisted of farmers who deposited their savings. During the 1960s, the institution encountered severe financial setbacks caused by extensive lending within the property market and fraudulent activities. The bank runs of 1965, which impacted several small to medium-sized banks including Far East Bank, played a role in triggering that year's stock market crash. Following intervention by the British Hong Kong authorities, the bank was supported by The Hongkong and Shanghai Banking Corporation before being taken over by First National City Bank in 1969.
In 1992, ownership of Far East Bank transferred to First Pacific, which then merged it with Hong Nin Savings Bank and renamed the combined entity First Pacific Bank. Later, in 2000, the Bank of East Asia acquired First Pacific Bank, completing its full integration by 2002.