On the 11th, the Financial Supervisory Commission R.O.C (FSC) held the 55th Business Liaison Meeting and Commendation Ceremony for General Managers of Domestic Banks, during which the bank was honored with the Excellent Award for Loans to Six Core Strategic Industries and the Special Award for Balanced Regional Development in SME Loans. The awards were received by the bank's President, He Ying-Ming, on behalf of the institution.
The FSC regularly invites the Bankers' Association and general managers of domestic banks to hold business liaison meetings. During this meeting, banks that demonstrated outstanding performance in providing loans to the six core strategic industries (including information and digital, cybersecurity, precision healthcare, green energy and renewable energy, national defense and strategic industries, and strategic stockpile industries), as well as SME lending, were recognized. The bank successfully secured the Excellent Award for Loans to Six Core Strategic Industries and the Special Award for Balanced Regional Development in SME Loans.
In the past, the bank's focus was on traditional construction financing. However, due to rapid changes in the economic, geopolitical, and financial environment in recent years, Chuan-Chuan Hsieh, Chairperson of the Board has proposed five coping strategies since taking office: Digitization of Business, Optimization of Human Resources, Balanced Credit Extension, Diversification of Profit, and Corporate Social Responsibility Implementation. In terms of the balanced credit extension strategy, to avoid risks arising from over-concentration of business clients like the case of Silicon Valley Bank, Chairperson Hsieh has led the bank to shift from its traditional approach towards comprehensive diversification in credit industries, groups, regions, and branch product portfolio.
With the successful implementation of balanced credit extension and ESG strategies in recent years, the bank was honored with several awards from the FSC in 2022, including the Outstanding Bank for SME Lending, Outstanding Bank for Loans to Key New Industries, Special Award for Green Energy Technology Industry, Special Award for Biotechnology and Pharmaceutical Industry, and Special Award for New Agriculture Industry.
Moreover, the bank has received recognition from various government bodies, including the National Development Council of the Executive Yuan, the Ministry of Economic Affairs, and the Central Bank in recent years. The bank has been awarded the National Sustainable Development Awards, Outstanding Financial Institution for SME Credit Guarantee Financing, Excellence in Assisting Young Entrepreneurs in Obtaining Initial Operational Capital and Outstanding Financial Institution for Central Bank's SME Project Loans. These achievements demonstrate the bank's effective commitment to green finance, supporting Taiwan's emerging low-carbon industries and SMEs with access to financial resources.
In addition to organizing sustainable performance-linked syndicated loans and issuing sustainable development bonds, the bank has focused on green energy industry opportunities, such as solar photovoltaic, offshore wind power, and renewable energy. The bank has also encouraged the construction industry to adopt green building practices, use eco-friendly building materials, implement energy-efficient and seismic-resistant facilities, and improve building energy efficiency through the Green Building Financing Program. Furthermore, in terms of corporate social responsibility, the bank received the Outstanding Bank for Treating Customers Fairly in the Financial Service Industry from the FSC last year. This year, the bank is taking Environmental Friendliness and Stakeholder Friendliness in new directions, actively working towards a mutually beneficial operational model with its customers and employees.
Contact person: Shih-Chi Lin
Contact number: 02-2348-3339