91 / 120
88
Mega ICBC
-88-
For the year ended December 31, 2015
Balance as of
December 31
Highest
Outstanding
Balance
Interest Rate
(%)
Total Interest
Income (Expense)
(Expressed in US Thousand Dollars)
Due from banks
Fellow subsidiary:
Mega Bills
$
84,097
$
91,219
0.45%-5.35% $
58
Other related parties:
Bank of Taiwan
343,473
606,384
0.01%-5.20%
22
Due to banks
Other related parties:
China Post
$
135,492
$
178,623
0.60%-1.52% ( $
1,221
)
Bank of Taiwan
102,816
859,196
0.10%-9.00% (
8
)
For the year ended December 31, 2014
Balance as of
December 31
Highest
Outstanding
Balance
Interest Rate
(%)
Total Interest
Income (Expense)
(Expressed in NT Thousand Dollars)
Due from banks
Fellow subsidiary:
Mega Bills
$
3,000,000 $
4,500,000
0.40%-4.30% $
7,857
Other related parties:
Bank of Taiwan
3,641,074
18,333,624
0.11%-1.48%
800
International Bill Finance(note)
95,978
2,000,000
0.40%-1.80%
1,708
Due to banks
Other related parties:
China Post
$
2,924,041 $
3,939,785
0.01%-1.52% ( $
39,538 )
Bank of Taiwan
3,990,399
17,886,118
0.03%-5.40% (
408 )
Note: As described in Note 11 (2), the Bank is no longer International Bills Finance Corporation’s related party starting from June 20,
2014.
B.
Loans and deposits
Item
Counterparty
December 31, 2015
% of Total
Total
Interest
Income
(Expense)
% of
Total
Interest Rate
(%)
NT$
US$
For the year ended
December 31, 2015
Deposits All related
parties
$ 11,904,477 $ 361,970
0.53% (( $ 75,841 ) 0.43% 0.00%~13.00%
Loans All related
parties
178,191
5,418
0.01% 3,818 0.01% 1.00%~5.00%
Item
Counterparty
December 31, 2014
% of Total
Total
Interest
Income
(Expense)
% of
Total
Interest Rate
(%)
NT$
For the year ended
December 31,2014
Deposits All related
parties
$
6,894,895
0.34% (( $ 75,685 ) 0.42% 0.00%~13.00%
Loans All related
parties
150,161
0.01% 3,596 0.01% 0.00%~3.63%
The interest rates shown above are similar, or approximate, to those offered to third parties. But the interest rates for savings deposits of
Bank managers within the prescribed amounts are the same as for savings deposits of employees.
In compliance with the Articles 32 and 33 of Banking Law, except for consumer loans and government loans, credits extended by the
Bank to any related party are fully secured, and the terms of credits extended to related parties are similar to those for third parties.
The Bank presents its transactions or account balances with related parties, in the aggregate, except for those which the amount represents
over 10% of the account balance.