Hang Seng Bank was founded in 1933 and has grown to become the second-largest locally-incorporated bank in Hong Kong. It employs a staff of about 7,800 in its 156 local branches; its Guangzhou and Shanghai branches; and its representative offices in Beijing, Shenzhen and Xiamen.

Hang Seng is a principal member of the HSBC Group, which is one of the world's largest banking and financial services organisations with more than 5,000 offices in 79 countries and territories. The Bank has consolidated assets of HK$420.3 billion (US$54.3 billion) and reported a profit attributable to shareholders of HK$6,788 million (US$876 million) in 1998.

The Bank's shares have been publicly-listed in Hong Kong since 1972 and are now traded on The Stock Exchange of Hong Kong Limited. The Bank's shares are also traded on the London Stock Exchange. Since 1994, the Bank has offered to investors in the United States a Sponsored Level-I American Depositary Receipts (ADR) Programme through The Bank of New York.

Hang Seng, whose name in Chinese means "ever-growing", owes much of its growth to its deep commitment to meeting new market needs and its provision of quality customer services.

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