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Fubon Financial

July 21st, 2018 No comments

FUBON FINANCIAL


By : Aries Kurniawan

Fubon Financial

Fubon Financial Holding Co., Ltd. is a financial holding company based in Taiwan. The company operates business through property insurance, car insurance, fire insurance, flood insurance, insurance, ocean freight and insurance cost, among others: commercial banking, deposits, remittances, wealth management, personal loans, corporate finance, credit card services which are relevant, lottery services , and others, business security, including security brokerage, trading and underwriting, life insurance, accident insurance, annuity insurance and others. In addition, he was involved in marketing, venture capital investment, asset management, investment management and consulting services.

Fubon Financial Holding Co., Ltd. provides various financial services in Taiwan. The company offers corporate and consumer banking, wealth management, credit cards, financing, trust, and the public treasury services, investment banking services, and insurance products that include medical care, which is a major disease such as anti-cancer treatment for life, long-term personal care , and investment securities, such as asset management consulting, professional analysis and research. The insurance company also provides brokerage, advice, assistance, clearance, settlement, and clearing futures are assigned a variety of products and services work together to help brokers with securities firms. In addition, business investment finance company, offering management and consulting services firm, has promoted investment in the industry to government and emerging national infrastructure projects, particularly in digital media, bio-technology, medical care, information technology, and logistics sectors. Fubon Financial Holding Co., Ltd. was founded in 1961 and is based in Taipei, Taiwan.

Fubon Bank Hong Kong Limited (“Fubon Bank”) is a wholly owned subsidiary of Fubon Financial Holding Co. by, Ltd. (“Fubon Financial”), a leading financial services group in Taiwan which is engaged in institutional banking, consumer finance, wealth management, investment management and insurance. Fubon Financial is the only financial services group; Taiwan has two locally registered banks in Hong Kong and a strategic investment in a bank in China Mainland. Fubon Financial acquired 75% stake of the former shareholders of the Bank, Arab Banking Corporation and China Everbright in April of 2004. Bank officially adopted the name of Fubon Bank on April 6, 2005. After the success of the privatization of the Bank by Fubon Financial, Fubon Bank became a wholly owned subsidiary of Fubon Financial by June 2011.

Fubon Bank operates 24 retail outlets in Hong Kong including 22 branches and 2 Securities Services Centres, and provides a range of financial services covering consumer and wholesale banking, wealth management, financial markets, securities brokerage and investment services. Fubon Bank holds short-term A – 2, BBB + long-term rating from Standard & Poor’s. The rating reflects Fubon Bank’s strong capitalization, good liquidity and sound asset quality.

Fubon Financial Holding Co., Ltd. is Fubon Asset Management, Fubon Insurance Co. Ltd., Fubon Securities, Fubon FTaipei Bank, Fubon Bank and Fubon life are located in Hong Kong, decided to get together to form Fubon Financial. The entire conversion formalities were completed on December 19, 2001.

Committed to becoming one of the first class financial institutions in Asia, Fubon Financial has built a strong lineup of financial services companies. Main subsidiaries include Taipei Fubon Bank, Fubon Bank (Hong Kong), Fubon Insurance, Fubon Life, Fubon Securities and Fubon Asset Management. Fubon Financial has approximately U.S. $ 140.100.000.000 assets at the end of December 2012, the second highest number among the public assets of Taiwan financial holding companies and most profitable financial holding company in Taiwan.

In 2013, Fubon Financial posted NT $ 32.69 billion (U.S. $ 1.09 billion) net profit or NT $ 3.31 in EPS, up from NT $ 28.98 billion, or NT $ 3.05 EPS recorded in 2012, Fubon Life after generating NT $ 212.9 billion the first year of the highest premiums in the life insurance companies in Taiwan.

Fubon Life benefits from the disposal of the U.S. treasury last year to help hit NT $ 19130000000 in net income, up from NT $ 12970000000 registered the previous year.

Taipei Fubon Commercial Bank, the banking arm, posted a net profit of NT $ 12120000000 of last year, down from NT $ 12990000000 net profit recorded in 2012, after the bank assigned to write the terms of the possibility of large losses.

While market analysts expect that Taipei Fubon Bank will benefit from the acquisition of a majority stake in the Shanghai-based First Sino Bank began this year. The transaction was completed in early January. For those of you who are interested or want to know more detail information, you can contact directly at:

Fubon Financial Holding Co Ltd.
237 Chien Kuo North Road
Chien Kuo South Road, Da-an District
TAIPEI106
Taiwan
TWN
Phone : 886 266366636
Fax : 886 266360111

 

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Cathay Financial Insurance

April 25th, 2017 No comments

CATHAY FINANCIAL INSURANCE


By : Ririn Sholiha

 

Information about Cathay Financial Insurance

term life insurance

Cathay United Bank is the first Taiwanese bank to build companies in banking in Vietnam. In 1990, Cathay United Bank with local joint venture partners, Vietnam Joint Stock Commercial Bank for Industry and Trade, established Indovina Bank (IVB ) with headquarters in Ho Chi Minh City . Indovina Bank is a commercial bank with nine branches and offices located seventeen transactions in the State of Vietnam

Cathay Financial Holding Co. Ltd. is engaged in the business of banking, including deposits, loans, electronic financial services, business credit cards, foreign exchange trading, trust and wealth management, trade finance and financial services. Cathay Financial Holding Co., Ltd. is a financial holding company based in Taiwan. The company operates business through bank division , which involves in deposits , loans , electronic financial services , business credit cards , foreign exchange trading , trust and wealth management , financial services and trade finance , then the field of life insurance division , which provides life insurance , accident insurance , health insurance , annuity insurance and investment insurance , property and casualty insurance division , which offers car insurance , fire insurance , flood insurance , engineering insurance and other insurance , securities business , which involves a stockbroker and underwriting , as well as other divisions , which offer capital venture , distribution safety , investment and management consulting services .

Cathay United Bank is one of the largest commercial banks in Taiwan, with a capital value of $ 52000000000 TW and more than 160 bank branches throughout Taiwan.

Cathay United Bank was once the United World Chinese Commercial Bank (UWCCB), founded in 1975. In 2003 , merged with the former Commercial UWCCB Cathay Bank , a wholly owned subsidiary of Cathay Financial Holding Company , UWCCB is a bank that is still alive but the merged bank was renamed Cathay United Bank , effective on October 27, 2003.

Cathay United Bank is headquartered in Cathay Financial Center of Taipei, Taiwan and has 165 branches across Taiwan provides retail and corporate banking and wealth management services. Currently there are 6 branches and 5 overseas offices located in China, Southeast Asia, and the United States.

Cathay Financial Holding Co. is one of the largest insurance companies as a financial services provider by assets, plans to issue up to 400 million shares to strengthen the capital.
The company also has plans to expand its presence in China and Southeast Asia this year to increase revenue from overseas operations.

Eighty percent of the shares will be subscribed by the existing shareholders, while employees and other investors will subscribe to 10 percent, respectively. Meanwhile, Cathay Financial Insurance began to invest in real estate in Taipei and abroad, as companies adjust investment strategies. This year , the company plans to offer shareholders a cash dividend of NT $ 0.7 per share in last year’s revenue of NT $ 17.03 billion , which is a 1.75 percent dividend yield , along with a stock dividend of 7 per cent or 70 per 1,000 shares held .

Cathay Financial profits accumulated during the first four months of this year reached NT $ 9.570.000.000, or NT $ 0.88 per share, resulting in a financial holding company the second most profitable after Fubon Financial Holding Co.’s NT $ 1.3 per share.

Thus is little understanding and share information about Cathay Financial Insurance. For those of you who want to buy stocks or sign up to join the Cathay Financial, you can contact at :

Cathay Financial Holding Co. . , Ltd.
16F , No. . 296 , Section 4
Jen – Ai Road , Songshan District
TAIPEI 106
Phone : +8862.27087698
Fax : +8862.23252488

 

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