2012 Annual Report Sino-American Silicon Products Inc

Total Page:16

File Type:pdf, Size:1020Kb

2012 Annual Report Sino-American Silicon Products Inc Stock Code:5483 Sino-American Silicon Products Inc. 2012 Annual Report Issue Date: May 16, 2013 Information website: http://newmops.twse.com.tw I. Company Spokesperson: 1. Spokesman Name: Simon Tai Position: Finance Manager Tel:+886-3-577-2233 E-mail: [email protected] 2. Deputy spokesperson: Name: CW Lee Position: Strategic Planning Manager Tel:+886-3-577-2233 E-mail: CWLee @saswafer.com II. Address and Telephone Number of The Company Headquarter, Subsidiaries, and Plants 1. Company Headquarter Address: 4F, No.8, Industrial East Road 2, Science-Based Industrial Park, Hsinchu, Taiwan Tel: +886-3-577-2233 Fax: +886-3-578-1706 2. Chunan Plant I Address: No. 21, Kejung Rd., Chunan, Miaoli County, Hsinchu Science Park, Taiwan Tel: +886-37-582533 Fax: +886-37-580206 3. Chunan Plant II Address: No. 6, Kejung Rd., Chunan, Miaoli County, Hsinchu Science Park, Taiwan Tel: +886-37-582533 Fax: +886-37-580206 4. Subsidiaries and Plants Name: GlobalWafers Co., Ltd. Address: No.8, Industrial East Road 2, Science-Based Industrial Park, Hsinchu, Taiwan Tel: +886-3-577-2255 Fax: +866-3-578-1706 III. Stock Transfer Agency Agency name: Stock Agency Department, Yuanta Securities Address: B1, No. 210, Sec. 3, Chengde Rd., Taipei, Taiwan Tel: +886-2-2586-5859 Website: http://www.yuanta.com.tw/ IV. External Auditor Name of Accounting Firm: KPMG Taiwan Name of CPAs: Tseng, Mei-Yu, Chen, Chien-Chen Address: 68F, No. 7, Sec. 5, Hsinyi Rd., Taipei, Taiwan Tel: +886-2-8101-6666 Website: http://www.kpmg.com V. Global Depositary Receipt (GDR) Agency Luxembourg Stock Exchange How to Query Website: http://www.bourse.lu VI. Company Website http://www.saswafer.com Table of Contents I. Letter to Shareholders .................................................................................................. 1 II. Company Profile .......................................................................................................... 5 2.1 Date of Incorporation................................................................................................................... 5 2.2 Major Business ............................................................................................................................. 5 2.3 Corporate Milestones .................................................................................................................. 5 III. Corporate Governance ............................................................................................... 8 3.1 Organization Structure ................................................................................................................. 8 3.2 Information on the Company’s Directors, Supervisors, President, Vice President, Assistant Vice President, and The Supervisors of All The Company’s Divisions and Branch Units ............................................................................................................................... 10 3.3 Implementation of Corporate Governance ............................................................................... 24 3.4 Information Regarding Audit Fees ............................................................................................. 47 3.5 Information on Replacement of Independent Auditors in the Last Two Years and Thereafter ................................................................................................................................... 47 3.6 The Chairman, President, Finance or Accounting Manager Who Has Worked in the Accounting Firm or Affiliates in the Most Recent Year, the Name, Position and the Service Period Shall Be Disclosed .............................................................................................. 49 3.7 Changes in Shareholding of Directors, Supervisors, Managers and Major Shareholders in Last Year and as of the Date of this Annual Report .................................................................. 49 3.8 Relationship Information of the Top 10 Shareholders among Who are Related Parties, as Defined in the Statement of Financial Accounting Standard NO.6. .................................... 51 3.9 Total Numbers and Equity of Shares Held In any Single Enterprise by the Company, Directors, Supervisors, Managers and Any Companies Controlled Either Directly or Indirectly by the Company ......................................................................................................... 52 IV. Capital Overview ...................................................................................................... 53 4.1 Capital and Shares ...................................................................................................................... 53 4.2 Status of Corporate Bonds ......................................................................................................... 59 4.3 Status of Preferred Stocks.......................................................................................................... 59 4.4 GDR Issuance .............................................................................................................................. 60 4.5 Employee Stock Options ............................................................................................................ 61 4.6 Status of New Shares Issuance of Limited Stocks for Employees ............................................ 61 4.7 Status of New Shares Issuance in Connection with Mergers and Acquisitions ....................... 63 4.8 Financing Plans and Implementation ........................................................................................ 63 V. Operational Highlights............................................................................................... 67 5.1 Business Activities ...................................................................................................................... 67 5.2 Market and Sales Overview ....................................................................................................... 80 5.3 Human Resources ....................................................................................................................... 88 5.4 Environmental Protection Expenditures ................................................................................... 88 5.5 Labor Relations ........................................................................................................................... 90 5.6 Important Contracts ................................................................................................................... 95 VI. Financial Information ............................................................................................... 97 6.1 Five-Year Financial Summary ..................................................................................................... 97 6.2 Five-Year Financial Analysis ....................................................................................................... 99 6.3 Supervisors’ Report in the Most Recent Year ......................................................................... 104 6.4 Standalone Financial Statements for Most Recent Year ........................................................ 105 6.5 Audited Consolidated Financial Statements for Most Recent Year ....................................... 164 6.6 The Impact on the Company’s Financial Status in Cases where the Company or its Affiliates have Financial Difficulties ........................................................................................ 228 VII. Review of Financial Conditions, Operating Results, and Risk Management ......... 229 7.1 Analysis of Financial Status ...................................................................................................... 229 7.2 Analysis of Operating Results .................................................................................................. 230 7.3 Analysis of Cash Flow ............................................................................................................... 231 7.4 Major Capital Expenditure Items influence on Financial Business ........................................ 232 7.5 Recent Reinvestment Policy, Major Reasons for Profits or Losses, Improvement Plan and Investment Plan for the Following Year ........................................................................... 232 7.6 Analysis of Risk Management .................................................................................................. 233 7.7 Other Major Events .................................................................................................................. 237 VIII. Special Disclosure ................................................................................................. 238 8.1 Affiliated Businesses ................................................................................................................ 238 8.2 Private Placement Securities in the Most Recent Years ......................................................... 244 8.3 The Shares in the Company Held or Disposed of By Subsidiaries in the Most Recent Years ......................................................................................................................................... 244 8.4 Other Necessary Supplement .................................................................................................. 244 8.5 Any Events And as of the Date of this Annual Report that Had Significant Impacts on Shareholders’ Rights or Security Prices as Stated in Item 2 Paragraph 2 of Article 36 of
Recommended publications
  • Ctbc Financial Holding Co., Ltd. and Subsidiaries
    1 Stock Code:2891 CTBC FINANCIAL HOLDING CO., LTD. AND SUBSIDIARIES Consolidated Financial Statements With Independent Auditors’ Report For the Six Months Ended June 30, 2019 and 2018 Address: 27F and 29F, No.168, Jingmao 2nd Rd., Nangang Dist., Taipei City 115, Taiwan, R.O.C. Telephone: 886-2-3327-7777 The independent auditors’ report and the accompanying consolidated financial statements are the English translation of the Chinese version prepared and used in the Republic of China. If there is any conflict between, or any difference in the interpretation of the English and Chinese language independent auditors’ report and consolidated financial statements, the Chinese version shall prevail. 2 Table of contents Contents Page 1. Cover Page 1 2. Table of Contents 2 3. Independent Auditors’ Report 3 4. Consolidated Balance Sheets 4 5. Consolidated Statements of Comprehensive Income 5 6. Consolidated Statements of Changes in Stockholder’s Equity 6 7. Consolidated Statements of Cash Flows 7 8. Notes to the Consolidated Financial Statements (1) History and Organization 8 (2) Approval Date and Procedures of the Consolidated Financial Statements 8 (3) New Standards, Amendments and Interpretations adopted 9~12 (4) Summary of Significant Accounting Policies 12~39 (5) Primary Sources of Significant Accounting Judgments, Estimates and 40 Assumptions Uncertainty (6) Summary of Major Accounts 40~202 (7) Related-Party Transactions 203~215 (8) Pledged Assets 216 (9) Significant Contingent Liabilities and Unrecognized Contract 217~226 Commitment (10) Significant Catastrophic Losses 227 (11) Significant Subsequent Events 227 (12) Other 227~282 (13) Disclosures Required (a) Related information on significant transactions 283~287 (b) Related information on reinvestment 287~289 (c) Information on investment in Mainland China 289~290 (14) Segment Information 291 KPMG 11049 5 7 68 ( 101 ) Telephone + 886 (2) 8101 6666 台北市 信義路 段 號 樓 台北 大樓 68F., TAIPEI 101 TOWER, No.
    [Show full text]
  • Ir 20170817012.Pdf
    Spokesperson Neili Texturizing Plant Name: Humphrey Cheng Address: 2 Yuan Dong Rd., Neili, Chungli, Title: Corporate Management President Taiwan, R.O.C Tel: 886-2-27338000 #8969 Tel: 886-3-4555136 Fax: 886-2-27367184 E-mail: [email protected] Hukou Mill Address: 30, Hexing Rd., Hukou, Hsinchu, Taiwan, R.O.C Deputy Spokesperson Tel: 886-3-5997135 Name: David Wang Title: Chief Financial Officer Yilan Garment Factory Tel: 886-2-27338000 #8735 Address: No. 49, Sec. 6, Jiaosi Rd., Jiaosi, Fax: 886-2-27358175 Yilan, Taiwan R.O.C E-mail: [email protected] Tel: 886-3-9881411 Headquarters, Branches & Plants Common Share Transfer Agent and Registrar Headquarters Address: 36F, Taipei Metro Tower, 207, Oriental Securities Corporation Tun Hwa South Rd., Sec.2, Taipei, Taiwan, Address: 3F, 86, Chung Ching South Rd., R.O.C. Sec. 1, Taipei, Taiwan Tel: 886-2-27338000 Tel: 886-2-23618608 Website: http://www.osc.com.tw Plants Hsinpu Chemical Fiber Plant Address: 369, Yadong Sec., Wen Shan Rd., Auditors Hsinpu, Hsinchu, Taiwan R.O.C. Deloitte & Touche Tel: 886-3-5882511 Auditors: Cho Ming Hsing, CPA, Huang Shu Chieh, CPA Kuanyin Chemical Fiber Plant Address: 12F, Hung Tai Century Tower, 156 Address: 3, Jingjian 6th Rd., Kuanyin Min Sheng East Rd., Sec.3, Taipei, Taiwan Industrial Park, Kuanyin, Taoyuan, Taiwan Tel.: 886-2-25459988 R.O.C. Website: http://www.deloitte.com.tw Tel: 886-3-4832720 Overseas Securities Exchange Kuanyin Dyeing and Finishing Plant Luxembourg Stock Exchange Address: 1, Kuojiang 2nd Rd., Kuanyin, Disclosed information can be found at Hsulin, Taoyuan, Taiwan R.O.C.
    [Show full text]
  • Listing Changes in 2003
    Listing Changes in 2003 Listings Name Code Date Listings Name Code Date Common First Financial Holding Co. Ltd. 2892 2-Jan Compal Communications Inc. 8078 9-Dec Stocks Johnson Health Tech. Co., Ltd. 1736 9-Jan Sitronix Technology Corp. 8016 25-Dec Makalot Industrial Co., Ltd. 1477 21-Jan Formosa Petrochemical Corp 6505 26-Dec KING BILLION ELECTRONICS CO., LTD. 3056 3-Mar Taiwn Chang Type Industrial Co., Ltd. 541 19-Mar Depository FORMOSA EPITAXY INCORPORATION 3061 11-Apr Receipts Mustek Limited 9104 20-Jan MIN AIK TECHNOLOGY CO., LTD. 3060 21-Apr Cal-Comp Electronics(Thailand) Public Co., Ltd. 9105 22-Sep GENERAL PLASTIC INDUSTRIAL CO., LTD. 6128 16-Jun Warrants Gemtek Technology Co., Ltd. 4906 30-Jun CyberTAN Technology, Inc. 3062 28-Jul Yunta Core Pacific-Uni-President Enterprises Corp. Jul. 03 0768 3-Jan SYSAGE THCHNOLOGY CO., LTD. 6112 4-Aug Fubon-Chinatrust Group Jan. 04 0769 6-Jan JYE TAI PRECISION INDUSTRIAL. CO., LTD. 6165 4-Aug Fubon-Sinopac Holdings Jan. 04 0770 8-Jan RECHI PRECISION CO., LTD. 4532 4-Aug Jih Sun-Asustek Jan. 04 0771 9-Jan CAMEO COMMUNICATIONS, INC. 6142 4-Aug China Trust-Fubon Financial Jul. 03 0772 10-Jan TECO ENTERPRISE CO., LTD. 6119 4-Aug Yuanta Core Pacific-Asustek Computer Jul. 03 0773 16-Jan Wistron Corporation 3231 19-Aug Masterlink-Pou Chen Jul. 03 0774 17-Jan SIGURD MICROELECTRONICS CORP. 6257 25-Aug Yuanta Core Pacific-Via Technologies Jul. 03 0775 20-Jan HannStar Board Corp. 5469 25-Aug Sinopac-Siliconware Jul. 03 0777 21-Jan EverFocus Electronics Corp.
    [Show full text]
  • Asian Daily EPS, TP and Rating Changes Top of the Pack
    Thursday, 13 February 2014 (Global Edition) Asian Daily EPS, TP and Rating changes Top of the pack ... EPS TP (% change) T+1 T+2 Chg Up/Dn Rating Commonwealth Bank 3 2 0 0 U (U) Asia Equity Strategy Sakthi Siva (3) Australia New report: Cyclicals have outperformed defensives YTD. Continue? China Mengniu Dairy (6) (7) 20 25 O (O) PRADA S.p.A. (10) (12) (5) 29 O (O) India IT Services Sector Anantha Narayan (4) Apollo Tyres 8 2 10 22 O (O) Is it too crowded for further performance? Cipla Limited (6) 0 0 1 N (N) Jaiprakash Power Ventures (60) (17) (14) 107 O (O) Page Industries 3 3 2 13 O (O) Asia Technology Sector Keon Han (5) Perusahaan Gas Negara (1) 1 2 31 O (O) New report: LED—entering expansion phase Softbank 0 0 — R (R) UMW Oil & Gas 0 (7) 31 3 N (N) China Mengniu Dairy (2319.HK) – Maintain O Kevin Yin (6) Universal Robina Corp. 1 1 0 18 O (O) 2014 outlook: Should pass through 10% raw milk price inflation; EPS likely to grow 35.9% YoY Huaku Development (3) (1) (5) 32 O (O) Novatek Microelectronics 3 1 3 (18) U (U) CS pic of the day Sinopac Holdings 2 2 3 8 N (N) AIS PCL (4) (7) (4) 29 O (O) Global general lighting and LED lighting market size Siam City Cement 0 (2) (5) 0 U (U) The LED general lighting industry is now shifting from the initial penetration phase to a rapid expansionary TAC PCL 0 0 0 44 O (O) phase.
    [Show full text]
  • Bank Sinopac
    Bank SinoPac Financial Statements for the Years Ended December 31, 2008 and 2007 and Independent Auditors’ Report INDEPENDENT AUDITORS’ REPORT The Board of Directors and Stockholders Bank SinoPac We have audited the accompanying balance sheets of Bank SinoPac as of December 31, 2008 and 2007, and the related statements of income, changes in stockholders’ equity and cash flows for the years then ended. These financial statements are the responsibility of the Bank SinoPac’s management. Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits in accordance with the Rules Governing Auditing and Certification of Financial Statements of the Financial Industry by Certified Public Accountants and auditing standards generally accepted in the Republic of China. Those rules and standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion. In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Bank SinoPac as of December 31, 2008 and 2007, and the results of its operations and its cash flows for the years then ended, in conformity with Criteria Governing the Preparation of Financial Reports by Public Banks, requirements of the Business Accounting Law and Guidelines Governing Business Accounting relevant to financial accounting standards, and accounting principles generally accepted in the Republic of China.
    [Show full text]
  • Bank Sinopac
    Bank SinoPac 34 Contents / PAGE Financial Highlights………………………………………………… 2 A Message from the chairman and the president………………. 4 Corporate Profile……………………………………………………. 9 Corporate Mission Business Philosophy And a Representative Office Opened New Barnches And A Representative Office Opened General Corporate Data Major Shareholders Human Resources Board of Directors………………………………………………….. 12 Executive Officers………………………………………………….. 13 Economic And Monetary Review…………………………………. 14 Operating Report…………………………………………………… 18 Capital Adequacy Summary Of Credits Summary Of Deposits Quasi Liquid Assets Security Investments Summary Of Income And Expenses Gains on Long Term Investments Foreign Exchange Business Consolidated Balance Sheet Of SinoPac Bancorp Consolidated Income Statement Of SinoPac Bancorp Significant Events In 1999 Financial Report……………………………………………………. 34 Consolidated Financial Statements Of Bank SinoPac And Subsidiaries…………………………………………………………. 69 Office Locations………………………………..…………………… 75 Key Economic Indicators In Taiwan Area……….……………….. 82 35 FINANCIAL HIGHLIGHTS 36 FINANCIAL HIGHLIGHTS (NT$ in millions, except per share data) 1999 11998998 1997 1996 1995 For the Year Pretax income 2,020 1,311 1,544 1,037 807 Net income 1,791 1,005 1,237 848 695 At the Year End Deposits and remittances 164,109 160,701 138,175 98,553 75,626 Loans 133,818 119,033 12,769 86,772 67,397 Securities purchased 22,285 27,441 17,863 10,961 12,371 Total assets 204,129 191,603 171,740 121,880 98,474 Shareholders' equity 20,802 19,479 15,685 12,367 11,518 Per Share Earnings per share 1.13 0.73 1.08 0.79 0.67 Shareholders' equity per share 13.13 12.82 12.82 11.51 11.15 Dividends declared per share** _ Cash dividend - 0.393 - - _ Stock dividend 1.00 0.407 0.77 0.47 0.40 Capital Adequacy Risk-based capital ratio (BIS 12.59% 13.21% 15.21 16.12% 18.04% Ratio)* * New regulation since December 31, 1998.
    [Show full text]
  • Bank Sinopac
    Bank SinoPac Financial Statements for the Nine Months Ended September 30, 2007 and 2006 and Independent Accountants’ Review Report INDEPENDENT ACCOUNTANTS’ REVIEW REPORT The Board of Directors and Stockholders Bank SinoPac We have reviewed the accompanying balance sheets of Bank SinoPac as of September 30, 2007 and 2006, and the related statements of income, and cash flows for the nine months then ended. These financial statements are the responsibility of the Bank SinoPac’s management. Our responsibility is to issue a report on these financial statements based on our reviews. We conducted our reviews in accordance with Statement of Auditing Standards No. 36 “Review of Financial Statements” in the Republic of China. A review of interim financial statements consists primarily of applying analytical procedures, comparisons and making inquiries. It is substantially less in scope than an audit in accordance with generally accepted auditing standards, the objective of which is the expression of an opinion regarding the financial statements taken as a whole. Accordingly, we do not express such an opinion. Based on our reviews, we are not aware of any material modifications that should be made to the financial statements referred to above for them to be in conformity with the Criteria Governing the Preparation of Financial Reports by Public Banks, requirements of the Business Accounting Law and Guidelines Governing Business Accounting relevant to financial accounting standards, and accounting principles generally accepted in the Republic of China. As stated in Notes 1 and 30 to the accompanying financial statements, Bank SinoPac merged with International Bank of Taipei Co., Ltd., a wholly-owned subsidiary of SinoPac Financial Holding Company Limited, by means of share swap with Bank SinoPac as the surviving company.
    [Show full text]
  • Fubon Financial Holding Co., Ltd. and Its Subsidiaries
    FUBON FINANCIAL HOLDING CO., LTD. AND ITS SUBSIDIARIES Consolidated Interim Financial Statements June 30, 2014 and 2013 (With Independent Accountants' Report Thereon) FUBON FINANCIAL HOLDING CO., LTD. AND ITS SUBSIDIARIES Consolidated Balance Sheets June 30, 2014, and December 31 and June 30, 2013 (expressed in thousands of New Taiwan Dollars) June 30, 2014 December 31, 2013 June 30, 2013 June 30, 2014 December 31, 2013 June 30, 2013 Assets Amount % Amount % Amount % Liabilities and Stockholders' Equity Amount % Amount % Amount % Cash and cash equivalents (note 6 and 44) $ 168,447,311 3 194,224,779 4 139,581,491 3 Liabilities: Due from Central Bank and call loans to banks (note 7) 159,216,772 3 104,504,015 2 133,057,468 3 Due to Central Bank of China and other banks $ 110,658,221 2 91,718,827 2 74,685,907 2 Financial assets measured at fair value through profit or loss (note 8 and 44) 107,748,438 2 93,717,804 2 97,615,263 2 Financial liabilities measured at fair value through profit or loss (note 23) 47,980,175 1 43,000,297 1 39,319,830 1 Available-for-sale financial assets, net (note 9 and 44) 1,781,571,105 35 1,631,464,808 36 1,524,720,978 35 Hedging derivative financial liabilities (note 11) 1,853,027 - 1,872,070 - 2,080,308 - Hedging derivative financial assets (note 10) 524,606 - 517,817 - 630,617 - Securities sold under repurchase agreements (note 24) 91,898,020 2 48,188,694 1 42,248,367 1 Securities purchased under resell agreements (note 11) 70,055,362 1 72,391,296 2 74,050,430 2 Commercial paper payables, net (note 25) 5,823,522
    [Show full text]
  • CTBC Financial Holding Co., Ltd. Handbook for the 2021 Annual
    Stock code: 2891 CTBC Financial Holding Co., Ltd. Handbook for the 2021 Annual General Meeting of Shareholders Meeting time: 9:00 am, June 11, 2021 Place: 12F., The Grand Ballroom, The Grand Hotel, No. 1, Zhongshan N. Rd., Sec. 4, Taipei, Taiwan, R.O.C. Notice to readers For the convenience of readers, “The Handbook for the 2021 Annual General Meeting of Shareholders” has been translated into English from the original Chinese version. If there is any conflict between the English version and the original Chinese version or any difference in the interpretation of the two versions, the Chinese-language version shall prevail. Notice to readers For the convenience of readers, “The Handbook for the 2021 Annual General Meeting of Shareholders” has been translated into English from the original Chinese version. If there is any conflict between the English version and the original Chinese version or any difference in the interpretation of the two versions, the Chinese-language shall prevail. Table of Contents I. Meeting Procedure II. Meeting Agenda A. Items to Report (Non-voting Items) 1. 2020 Business Report ............................................................................................................ 4 2. 2020 Audit Committee Report............................................................................................... 4 3. 2020 report on employee and director remuneration distribution ......................................... 4 4. Matters relating to the unsecured corporate bonds issued in 2020 .......................................
    [Show full text]
  • Bank Sinopac Executive Offices No
    Bank SinoPac Executive Offices No. 36, Nanking East Road, Sec. 3, Taipei 104, Taiwan (R.O.C.) Telephone: 886-2-2506-3333 https://bank.SinoPac.com Telex: 479901 Swift Address: SINOTWTP bank.sinopac.com Contents The Integrated Service Network of Office Locations 04 Bank SinoPac and its Affiliates Financial Highlights 07 Letter to Shareholders 08 Corporate Profile 10 I. Introduction II. Organization III. Human Resources Economic and Financial Review 15 I. Global Overview Operating Report 22 I. Business Overview II. Business plan of the year III. Research and Development I V. Short-term and Long-term Business Development Plans Financial Reports 47 Domestic Major Economic Indicators 252 2 Contents The Integrated Service Network of Office Locations 04 Bank SinoPac and its Affiliates Financial Highlights 07 Letter to Shareholders 08 Corporate Profile 10 I. Introduction II. Organization III. Human Resources Economic and Financial Review 15 I. Global Overview Operating Report 22 I. Business Overview II. Business plan of the year III. Research and Development I V. Short-term and Long-term Business Development Plans Financial Reports 47 Domestic Major Economic Indicators 252 3 Dep. / Branch Name Address Telephone No. Dep. / Branch Name Address Telephone No. Headquarters No. 36, Sec. 3, Nanking E. Rd., Chungshan District, Taipei City 104, Taiwan (R.O.C.) (02)2506-3333 Tunghu Branch No. 23, Tunghu Rd., Neihu District, Taipei City 114, Taiwan (R.O.C.) (02)2633-5555 Chuwei Branch No. 31-15, Mintsu Rd., Tanshui District, New Taipei City 251, Taiwan (R.O.C.) (02)2808-7058 Banking Division No. 36, Sec. 3, Nanking E.
    [Show full text]
  • California Offices of Foreign Banks Ranked by Total Assets As of December 31, 2020 (Amounts Rounded to Nearest Thousand $)
    Selected Financial Information - California Offices of Foreign Banks Ranked by Total Assets as of December 31, 2020 (Amounts Rounded to Nearest Thousand $) Location of Total Total Total Rank Name of Foreign Bank Type Primary Office Country Loans Assets Deposits 1 Mizrahi Tefahot Bank Ltd. Retail Branch Los Angeles Israel 582,373 3,916,308 815,136 2 Woori Bank Wholesale Branch Los Angeles Korea 500,406 2,758,857 745,846 3 United Overseas Bank Limited Depository Agency Los Angeles Singapore 2,341,204 2,364,161 9,955 4 Mega International Commercial Bank Co., Ltd. Wholesale Branch Los Angeles Taiwan 2,085,803 2,105,149 355,130 5 Shanghai Commercial Bank, Limited Wholesale Branch San Francisco Hong Kong 1,731,030 1,758,438 699,512 6 Oversea-Chinese Banking Corporation, Limited Depository Agency Los Angeles Singapore 1,678,880 1,683,823 3,202 7 BNP Paribas Wholesale Branch San Francisco France 1,208,780 1,234,526 400,000 8 Land Bank of Taiwan Co., Ltd. Wholesale Branch Los Angeles Taiwan 848,368 1,123,349 716,361 9 E. Sun Commercial Bank, Limited Wholesale Branch City of Industry Taiwan 804,388 974,949 208,130 10 First Commercial Bank, Ltd. Wholesale Branch Los Angeles Taiwan 926,871 941,146 198,602 11 State Bank of India Depository Agency Los Angeles India 797,247 801,028 237,775 12 Bank SinoPac Company Limited Wholesale Branch Los Angeles Taiwan 673,881 773,884 639,203 13 Bank of Taiwan Wholesale Branch Los Angeles Taiwan 639,220 705,436 10,614 14 Hua Nan Commercial Bank, Ltd.
    [Show full text]
  • Table of Contents
    ABA Newsletter August 2020 Table of Contents ABA Announcements ....................................................................................................................................................... 3 New Dates for the 37th ABA General Meeting and Conference ABA Policy Advocacy Committee to Meet Online in November 2020 Training and Education .................................................................................................................................................. 4 ABA successfully holds first-ever webinar Webinar on Fine-tuning AML Transaction Monitoring draws record-breaking attendance Fintelekt webinar on “Optimising AML Screening” scheduled for September 9 ABA to conduct webinar on “Strengthening Cybersecurity Preparedness for Banks” News Updates ..................................................................................................................................................................... 7 Global Banks Look to Taiwan Expansion in Shift Away from Hong Kong Riyadh hosts G20 talks on debt crisis, virus recovery Taiwan President vows to liberalize finance rules Asia-Pacific region banks at crossroads: Moody’s Financial Services Industry sees Silver Lining of COVID-19: Survey RBNZ Expands Bond Purchases to Aid Recovery as COVID Returns Aging Economies May Benefit Less from Fiscal Stimulus: IMF COVID-19 highlights need for digitizing and automating trade in South Asia Special Features ..............................................................................................................................................................
    [Show full text]