A Tale of the Success Story of Two Cities - Hong Kong and Macau

Over the last seven decades, the Delta Asia Financial Group has developed into a diversified financial services provider, encompassing both Hong Kong and Macau, with a truly broad range of products and a growing regional focus.

In recent years, despite disruptions from destabilizing events such as the 1998 Asian financial crisis and the ensuing deflationary pressures, we have pursued an expansionary policy to increase our market share and to venture beyond our narrow home base. This policy has proved to be effective, enabling us to register a healthy growth in total deposits, total assets and customer base through new products and improved services in a wider geographical context.

Notably, we have strengthened our Wealth Management business, both advisory and discretionary, and Commercial Banking operation, with a view to further boosting our capabilities to serve our individual, corporate and institutional customers.

In 2001, we acquired a general insurance company in Macau, renamed Delta Asia Insurance Limited, to provide general insurance and export credit insurance cover to the Macau market. In the following year, we established a Representative Office in the Chiyoda district in Tokyo for Banco Delta Asia S.A.R.L., Macau. We welcome all our customers and friends to avail themselves of the facilities of this new operation whenever they visit Tokyo for business.

By the same token, we have made breakthroughs on several fronts in terms of service delivery. In an effort to expand our services for investors, we have channeled substantial funds into the development of an array of Internet delivery systems. The Internet Stock Trading System was launched in mid 2002. In addition, an Electronic Banking Platform and an Internet Foreign Exchange Trading System are scheduled to come into service within the next few months.

In the years ahead, we shall strive to provide innovative products and to maintain our strong commitment to service excellence.

Last but not least, we will go to great lengths to upgrade our business expertise, enhance our professional skills, and meet emerging market challenges. As ever, we remain driven by a desire to forge a genuine partnership with our customers and achieve the highest possible standards of performance.

Stanley Au
Group Chairman

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