EleBank is a jointly established entity by Xiaomi Corporation, a global smart manufacturing company with innovative technology connected by IoT platform, and AMTD, Asia's leading comprehensive conglomerate. EleBank has been granted a banking license by the Hong Kong Monetary Authority on 9 May 2019. The bank's mission is to deliver a truly comprehensive, multi-faceted banking experience that redefines the "one-stop" standard for its users. Ele Bank Limited is a member of the Deposit Protection Scheme.