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Annual Report 2015
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Development Strategies
Extend the product line and layout of International Banking Services through the overseas network.
Introduce new services to existing Global eBanking platform to retain the stickiness of the customer.
Enhance credit risk monitoring function to upgrade the operational efficiency.
Empower current wealth management platform and integrate messages on social media with physical service
network to create new business opportunity in Digital Finance.
Pursue strategic alliance or equity participation to broaden operational capacity worldwide.
Collaborate with ventures targeting in areas of Fin-Tech, Big Data Analytics, Cloud Service and Internet of
Things to improve the level of financial technology adoption of the Bank.
Strengthen the AML/CFT training sessions to staffs and compliance officers of overseas branches to mitigate the
regulatory gap and reduce the compliance cost.
Major Regulatory Changes and Influences
Financial Supervisory Commission aggressively promoted several new regulatory frameworks encouraging product
innovation in financial institution, such as heralding the Bank 3.0 scheme and deregulating online banking, mobile
payment and third-party payment businesses on January 2015, and allowing the financial holding company and banks to
100% invest in financial technologies startups in order to facilitate its own Fin-Tec resolutions on September 2015. All
of those could create more room for banks to promote business and make profit.
On March 2015, to enforce the credit risk control over loan exposure to China, the Financial Supervisory Commission
regulated the local banks to maintain a prudent credit risk buffer by making at least 1.5% provisions against loans to
China by end of 2015, and all the call loans and due from banks as well incurred over 3 months should be 100% summed
up to the exposure. The regulation would impact the net income of the banks in the short terms; however it could fortify
the risk management system in the long run.
Credit Rating
As of April, 2015
Credit Rating Institute
Credit Rating
Outlook
Publication Date
(Year/Month)
Long-term
Short-term
Moody’s
A1
P-1
Stable
2016/01
S&P
A
A-1
Stable
2015/10
Taiwan Rating Corp.
twAA+
twA-1+
Stable
2015/10
Hann-Ching Wu
President