Cost Efficiency Affects Sustainable Operations
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Execution Copy the EXPORT-IMPORT BANK OF
Execution Copy THE EXPORT-IMPORT BANK OF KOREA as Issuer and DEUTSCHE BANK AG, TAIPEI BRANCH as Lead Manager BANK OF TAIWAN FUBON SECURITIES CO., LTD. KGI BANK PRESIDENT SECURITIES CORP. SHANGHAI COMMERCIAL & SAVINGS BANK, LTD. SINOPAC SECURITIES CORP. TAIPEI FUBON COMMERCIAL BANK CO., LTD. TAISHIN INTERNATIONAL BANK as Co-managers SUBSCRIPTION AGREEMENT in respect of US$400,000,000 Floating Rate Notes due 2023 THE EXPORT-IMPORT BANK OF KOREA US$25,000,000,000 Global Medium Term Note Programme [SEOUL 13211_2] THIS AGREEMENT is made on 12 March 2018 AMONG: (1) THE EXPORT-IMPORT BANK OF KOREA (the “Issuer”); (2) DEUTSCHE BANK AG, TAIPEI BRANCH (the “Lead Manager”); and (3) BANK OF TAIWAN, FUBON SECURITIES CO., LTD., KGI BANK, PRESIDENT SECURITIES CORP., SHANGHAI COMMERCIAL & SAVINGS BANK, LTD., SINOPAC SECURITIES CORP., TAIPEI FUBON COMMERCIAL BANK CO., LTD. and TAISHIN INTERNATIONAL BANK. (the “Co-managers” and, together with the Lead Manager, the “Managers”). WHEREAS (A) The Issuer has entered into an amended and restated dealer agreement dated 13 May 2016 (the “Dealer Agreement”) with the Dealers named therein respect of the Issuer’s US$25,000,000,000 Global Medium Term Note Programme (the “Programme”). All terms with initial capitals used herein without definition have the meanings given to them in the Dealer Agreement. (B) The Issuer proposes to issue US$400,000,000 aggregate principal amount of its floating rate notes due 2023 (the “Notes”), which expression, where the context so admits, shall include the Global Notes to be delivered in respect thereof, and the Managers wish to subscribe such Notes, on a firm commitment basis, at the Subscription Price (as defined in clause 3.1 of this Agreement). -
CTBC Holding Public Resolution Plan 2013
CTBC Financial Holding Co., Ltd. 165(d) Resolution Plan Public Section December 31, 2013 US Resolution Plan – Public Section Table of Contents A. Introduction ......................................................................................................2 1. Overview of CTBC Holding ...................................................................3 2. Overview of CTBC Holding’s U.S. Presence ......................................4 B. The Names of Material Entities ....................................................................4 1. Definition ..................................................................................................4 2. Identification of Material Entity ..............................................................4 C. Description of Core Business Lines ............................................................5 1. Definition ..................................................................................................5 2. Identification of Core Business Lines ..................................................5 D. Summary of Financial Information Regarding Assets, Liabilities, Capital and Major Funding Sources ........................................................................7 1. Balance Sheet .........................................................................................7 2. Capital .......................................................................................................9 3. Major Funding Sources ..........................................................................9 -
TCS Bancs 33F.Indd
capital markets AT A GLANCE Company: CTBC Bank Headquarters: Taipei, Taiwan Business Challenge: To modernize custodian services with Bank international standards for CTBC institutional clients. Bank modernizes for Solution: TCS BaNCS Global Securities institutional clients and Investments Platform on the TCS BaNCS Global Securities Platform Kamal Khurana, Global Product Head, TCS BaNCS Global Securities Platform CTBC Bank identified several potential areas for improvement in: CTBC Bank combines strengths in institutional banking, international business, and capital l Customized reporting for The search for a solution lasted about two markets with a strong presence in Taiwan retail institutional clients years. The evaluation team considered fourteen banking for wealth management, loan and l vendors in terms of domain knowledge, payment services. Notifications and management of technology, and references, leading to the final The initial objective was to adopt global Corporate Actions To address the growing securities custody selection of the TCS BaNCS Global Securities standards and best practices with the needs of institutional customers, CTBC sought l Customer management and and Investments Platform. TCS was unmatched deployment of TCS BaNCS, which has to modernize its technology architecture. profiling in terms of analyst recognition across domains benefitted from continuous improvements Legacy systems had been built independently and presence among the top global custodians. driven by a global client base of top custodian l SWIFT integration and adoption for Taiwan and Hong Kong, leading to TCS also benefitted from strong word-of-mouth banks. The parameterized and modularized duplication and inefficiency, along with time- of international standards recommendations from peer institutions, and application enables the bank to apply the full consuming customizations for regulatory (e.g. -
Taipei Fubon Commercial Bank
2016 1. Spokesperson Name:Jerry Harn Title :President Tel :+886-2-2771-6699#62111 E-mail:[email protected] Acting Spokesperson Name:Sunny Yao Title :Executive VP Tel :+886-2-2771-6699#62700 E-mail:[email protected] 2. Contact Information – Corporate Headquarters and Branches Please see page27 3. Stock Registration Agent Name:Fubon Securities Co., Ltd. Address:2F, No.17, Hsuchang St.,Taipei, Taiwan, R.O.C. Website:www.fubon.com/securities Tel:+886-2-2361-1300 4. Credit Rating Institution Name Address Tel Taiwan Ratings Corporation 49F. Taipei 101 Tower, No.7, Sec. 5, +886-2-8722-5800 Xinyi Rd., Taipei city 110, Taiwan (R.O.C.) Moody’s Investors Service 24/F, One Pacific Place 88 Queensway +852-3758-1300 Admiralty, Hong Kong Standard & Poor’s Ratings 49F. Taipei 101 Tower, No.7, Sec. 5, +886-2-8722-5800 Service Xinyi Rd., Taipei city 110, Taiwan (R.O.C.) 5. Certified Public Accountants for Fiscal Year 2016 CPAs:Yi-Chun Wu , Shu-Chieh Huang Company:Deloitte & Touche Address:12F., No. 156, Sec. 3, Minsheng E. Rd., Taipei City 105, Taiwan (R.O.C.) Website:www.deloitte.com.tw Tel:+886-2-2545-9988 6. Exchange Houses where Overseas Securities are Listed:None 7. Website:www.fubon.com/banking CONTENTS I. Message to Shareholders 1 II. Corporate Profile 7 1. Introduction 7 2. Organizational Structure 9 III. Business Operations 13 1. Business Information 13 2. Business Strategies and Business Plans 15 3. Research & Development Plans 18 4. Employees Profile 21 IV. Special Notes 22 1. Dividend Policy and Implementation Status 22 2.Implementation of the Internal Controls System 23 V. -
2019Annualreport 2019
CONTENTS Letter to Shareholders 4 Operations Review 10 Company Introduction 32 Supervisors' Report 38 Internal Control Statement 39 Independent Auditors' Report (Consolidated) 42 Consolidated Balance Sheets 46 Consolidated Statements of 48 Comprehensive Income Independent Auditors' Report 50 Balance Sheets 54 Statements of Comprehensive Income 56 Schedule for Appropriation of Earnings 58 2019 ANNUAL REPORT TAIWAN DEPOSITORY & CLEARING CORPORATION 5 Letter to Dear shareholders: Shareholders The world's politics and economics are increasingly interconnected. Within this, the capital market plays the role of an economic window. Looking back on 2019, because global trade disputes and geopolitical frictions brought many uncertainties to the global economy, the momentum of economic growth slowed down. In terms of Taiwan's economy, external demand declined at the beginning of the year. Fortunately, after the middle of the year, the negative effects of the trade war gradually weakened, bringing about the effect of order transfers and additional investment for Taiwan, as well as some momentum toward growth. Although the performance of the capital market was not as good as in 2018, there was still a certain level of performance. Challenges from uncertainty risks due to changes in the political and economic environments also brought different opportunities to capital market participants. In the face of market challenges and customer needs, new Fintech applications and digital transformation have played leading roles. However, application in new technology is not the only factor creating competitive advantages. The key to successful transformation lies in whether enterprises can adapt to market trends, select appropriate system architectures, use professional talent to integrate cross-border resources, and realize the value of accumulated big data through innovative applications. -
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. -
Annual Report 2006 Cota Commercial Bank B a N K a N U L R E P O T 2 0 6
Code: 5830 web page: www.cotabank.com.tw Taiwan Stock Exchange M.O.P.S web page: newmops.tse.com.tw C O T A C O M M E ANNUAL REPORT 2006 R C COTA COMMERCIAL BANK I A L B A N K A N N U A L R E P O R T 2 0 0 6 2006 ANNUAL REPORT 2006 CONTENTS 1. To Our Shareholders 1 2. Corporate Profile 5 3. Business Operation 27 4. Capital Arrangement 41 5. Financial Status 43 6. Financial Status Analysis, Operation Performance Analysis, and Risk Management 87 7. Corporate Governance 99 8. The Particular Notes 103 *Chronological Highlights 107 *Head Office and Branches 110 1 1. To Our Shareholders 1 2. Corporate Profile 5 3. Business Operation 27 4. Capital Arrangement 41 5. Financial Status 43 6. Financial Status Analysis, Operation Performance Analysis, and Risk Management 87 7. Corporate Governance 99 8. The Particular Notes 103 *Chronological Highlights 107 *Head Office and Branches 110 To Our Shareholders 1. To Our Shareholders In retrospect of year 2006, the uncertain impact of inflation caused by the surge of oil price forced the world leading countries to accept rigid monetary policy that subsequently triggered a suppress effect on consuming expense and economic expansion. However, in response to the constant economic growth in advanced industrialized countries and emerging-market countries, the world economy and foreign trades remained in sound performance. As for Taiwan’s domestic economy, the shock of credit and cash cards delinquency problem and negative growth of investment in public sector had reflected a stifled consumer demand market. -
Chinatrust (Philippines) Commercial Bank Corporation
CTBC BANK (PHILIPPINES) CORPORATION Annual Report Year 2019 Our Purpose To achieve sustainable growth and to be a trustworthy brand that provides a uniquely personal and fulfilling customer experience through differentiated products and services within our global network. Our Strategy We will provide a stable source of revenue for the Bank by being the preferred financial products provider for our customers and by optimizing the earning potential of our resources. We will innovate products and services that will delight our customers and address their needs. We will promote a culture of entrepreneurship where our employees become partners in pursuing sustainable business growth. We will remain committed to uplifting the lives of the people in our communities by sharing our resources and encouraging employee volunteerism. CTBC Bank (Philippines) Corp. CTBC Bank (Philippines) Corp. was established in 1995, when the country opened up to the entry of foreign banks. Amid an intensely competitive arena, CTBC Bank (Philippines) Corp. distinguished itself with a niche-based strategy that demonstrated its efficiency, innovativeness, and customer focus. We drew strength from the global reputation and track record of CTBC, our Parent Bank in Taiwan, and complemented these with our own unique touch of local service and innovation. In the Philippines, our brand promise "We are Family" has gained new meaning while also holding true to the tradition set by our Parent Bank. CTBC Bank (Philippines) Corp. has achieved this balance by focusing effectively on our chosen markets and developing active partnerships with customers. The results may be seen in our Bank's solid financial performance, innovative products, and responsive services enabled by technology. -
Leading the Market in Taiwan with Masterpass Launch
Leading the Market in Taiwan With MasterPass Launch Our team in Taiwan has collaborated with the top five banks in the market and leading ecommerce platforms to launch MasterPass in the country. Partners include CTBC Bank, Cathay United Bank, E. Sun Bank, Taishin International Bank and Taipei Fubon Bank, as well as e-tailers momo Shop, 17 Life, Lion Travel, OB Design and Neweb Technologies. At the launch, Vicky Bindra, president of Asia Pacific and Global Accounts, acknowledged that “consumers in Asia Pacific will soon spend more on e-commerce purchases than those in North America, making it the largest e-commerce market in the world. Our vision for MasterPass is broad – and goes beyond the digital wallet. As the MasterPass platform evolves, we will offer payment services that enable some checkouts via mobile NFC and ‘in-store remote’ technologies.” Eva Chen, head of Taiwan, reflects on the boom in online businesses in Taiwan. According to MasterCard’s Online Shopping study, close to 90 percent of Taiwanese consumers aged 18-64 made at least one online purchase in their last three months of shopping. In addition, our launch partners in Taiwan see the value in providing MasterPass service to their consumers. MasterPass is poised to provide a better checkout experience to consumers with greater ease and confidence and online business operational efficiencies for our partners in Taiwan. Also at the launch, Raj Dhamodharan, head of Emerging Payment Asia Pacific, received lots of interest and questions from the Taiwan media keen to know more. . -
List of Insured Financial Institutions (PDF)
401 INSURED FINANCIAL INSTITUTIONS 2021/5/31 39 Insured Domestic Banks 5 Sanchong City Farmers' Association of New Taipei City 62 Hengshan District Farmers' Association of Hsinchu County 1 Bank of Taiwan 13 BNP Paribas 6 Banciao City Farmers' Association of New Taipei City 63 Sinfong Township Farmers' Association of Hsinchu County 2 Land Bank of Taiwan 14 Standard Chartered Bank 7 Danshuei Township Farmers' Association of New Taipei City 64 Miaoli City Farmers' Association of Miaoli County 3 Taiwan Cooperative Bank 15 Oversea-Chinese Banking Corporation 8 Shulin City Farmers' Association of New Taipei City 65 Jhunan Township Farmers' Association of Miaoli County 4 First Commercial Bank 16 Credit Agricole Corporate and Investment Bank 9 Yingge Township Farmers' Association of New Taipei City 66 Tongsiao Township Farmers' Association of Miaoli County 5 Hua Nan Commercial Bank 17 UBS AG 10 Sansia Township Farmers' Association of New Taipei City 67 Yuanli Township Farmers' Association of Miaoli County 6 Chang Hwa Commercial Bank 18 ING BANK, N. V. 11 Sinjhuang City Farmers' Association of New Taipei City 68 Houlong Township Farmers' Association of Miaoli County 7 Citibank Taiwan 19 Australia and New Zealand Bank 12 Sijhih City Farmers' Association of New Taipei City 69 Jhuolan Township Farmers' Association of Miaoli County 8 The Shanghai Commercial & Savings Bank 20 Wells Fargo Bank 13 Tucheng City Farmers' Association of New Taipei City 70 Sihu Township Farmers' Association of Miaoli County 9 Taipei Fubon Commercial Bank 21 MUFG Bank 14 -
Annual Report 2018 Cota Commercial Bank
Code: 5830 web page: www.cotabank.com.tw Taiwan Stock Exchange M.O.P.S web page: mops.twse.com.tw ANNUAL REPORT 2018 COTA COMMERCIAL BANK ANNUAL REPORT 2018 Contents 2018 1 To Our Shareholders 001 2 Corporate Profile 007 3 Corporate Governance 009 4 Capital Arrangement 051 5 Business Operation 059 6 Financial Status 077 7 Financial Status Analysis, Operation Performance 171 Analysis and Risk Management 8 Special Notes 185 * Chronological Highlights 186 * Head Office and Branches 188 To Our Shareholders 1 Annual Report 2018 Annual Report 2018 001 1 To Our Shareholders 1-1. Year 2018 Business Report 1-1-1. Financial Environment According to the International Monetary Fund (IMF), the global economic growth rate was 3.6% in 2018, primarily affected by the global manufacturing and trade recovery in 2017, with the weakening of investors’ confidence in the global economic outlook, the trade war, the weak economic growth in Europe, and the possible impact of the Brexit without agreement, the global economic growth rate is estimated 3.5% in 2019, meanwhile, is the lowest increase within three years. The global expansion of the economy has shown an unbalanced development and it has affected its growth momentum as the downside risks are realized one by one under the influence of the rising trade conflict between China and USA and the amplification of international financial market unpredictability. This shows that the USA economy is strong, but the growth of advanced economies such as Europe and Japan is not as expected, and the Chinese economy has further slowed down under the impact of the trade war. -
Department of Financial Institutions
DEPARTMENT OF FINANCIAL INSTITUTIONS SUMMARY OF PENDING APPLICATIONS AS OF JUNE 2006 APPLICATION TYPE PAGE NO. BANK APPLICATION NEW BANK 1 CONVERSION TO STATE CHARTER 7 MERGER 8 ACQUISITION OF CONTROL 8 PURCHASE PARTIAL BUSINESS 9 NEW BRANCH 9 NEW PLACE OF BUSINESS 17 NEW EXTENSION OFFICE 22 HEAD OFFICE RELOCATION 22 HEAD OFFICE REDESIGNATION 23 BRANCH OFFICE RELOCATION 23 PLACE OF BUSINESS RELOCATION 25 EXTENSION OFFICE RELOCATION 25 DISCONTINUANCE OF BRANCH OFFICE 26 DISCONTINUANCE OF PLACE OF BUSINESS 26 DISCONTINUANCE OF EXTENSION OFFICE 28 APPLICATION PURSUANT TO SECTION 3580 28 INDUSTRIAL BANK APPLICATION CONVERSION TO STATE CHARTER 28 NEW BRANCH 28 NEW PLACE OF BUSINESS 29 HEAD OFFICE RELOCATION 29 BRANCH OFFICE RELOCATION 29 DISCONTINUANCE OF BRANCH OFFICE 30 PREMIUM FINANCE COMPANY APPLICATION NEW PREMIUM FINANCE COMPANY 30 MAIN OFFICE RELOCATION 31 ACQUISITION OF CONTROL 31 TRUST COMPANY APPLICATION NEW TRUST COMPANY 32 NEW BRANCH 32 ACQUISITION OF CONTROL 32 FOREIGN (OTHER NATION) BANK APPLICATION NEW OFFICE 32 RELOCATION 33 VOLUNTARY SURRENDER OF LICENSE 33 ii SUMMARY OF PENDING APPLICATIONS AS OF JUNE 2006 APPLICATION TYPE PAGE NO. FOREIGN (OTHER STATE) BANK APPLICATION NEW FACILITY 33 RELOCATION 35 CREDIT UNION APPLICATION NEW CREDIT UNION 36 CONVERSION TO STATE CHARTER 36 MERGER 36 NEW BRANCH OF FOREIGN (OTHER STATE) CREDIT UNION 37 CHANGE OF NAME 37 ACQUISITION OF CONTROL 37 TRANSMITTER OF MONEY ABROAD APPLICATION NEW TRANSMITTER 38 ACQUISITION OF CONTROL 38 1 BANK APPLICATION NEW BANK Filed: 11 Approved: 14 Opened: 2 1ST ENTERPRISE BANK 818 West Seventh Street, Suite 220, City and County of Los Angeles Correspondent: Grace Wickersham Carpenter & Company Five Park Plaza, Suite 950 Irvine, CA 92614 (949) 261-8888 Filed: 12/9/05 Approved: 2/8/06 ACCESS BUSINESS BANK Vicinity of 184 Technology Drive, Irvine, Orange County Correspondent: Judi Stevens Mora J.