Fubon Bank (Hong Kong)

The rating reflects Fubon Bank’s strong capitalization, good liquidity and sound asset quality.

[citation needed] The original Sun Hung Kai Bank shareholders included Banque Paribas, Merrill Lynch, and the family of Fung King Hey (founder of Sun Hung Kai Securities).

In 1986, Arsan changed the institution's name and re-branded the organization as International Bank of Asia (IBA, 港基國際銀行).

Ahmet D. Arsan was the founding Chief Executive Officer and Managing Director of International Bank of Asia (IBA) from 1985 to 1989, after which Arsan left IBA and established a private Hong Kong based trading firm.

In February 2004 Fubon Financial Holding Co., Ltd., a member of Taiwanese financial institution Fubon Group, in an acquisition of IBA shares from both ABC and China Everbright Group, acquired a 75% stake in IBA.