Mega Bank Annual Report 2017

104 Mega Bank 215! For the year ended December 31, 2017 Balance as of December 31 Highest Outstanding Balance Interest Rate (%) Total Interest Income (Expense) (In US Thousand Dollars) Due from banks Fellow subsidiary: Mega Bills $ 52,848 $ 194,337 0.33%~3.10% (Note1) $ 835 Other related parties: Bank of Taiwan 675,450 1,107,991 0.04%~16.00% 15 Due to banks Other related parties: China Post $ 80,096 $ 99,667 1.06%~1.16% ( $ 1,057 ) Bank of Taiwan 81,020 718,096 0.17%~6.05% ( 12 ) Note 1: The range of NTD interest rate is 0.33% ~ 0.43% and the range of foreign currency interest rate is 1.05% ~3.10%. For the year ended December 31, 2016 Balance as of December 31 Highest Outstanding Balance Interest Rate (%) Total Interest Income (Expense) (In NT Thousand Dollars) Due from banks Fellow subsidiary: Mega Bills $ - $ 6,392,878 0.28%~1.40% (Note2) $ 14,987 Other related parties: Bank of Taiwan 9,330,096 27,831,099 -0.18%~14.00% 448 Due to banks Other related parties: China Post $ 2,818,812 $ 2,918,323 0.01%~1.30% ( $ 33,038 ) Bank of Taiwan 199,789 9,348,133 0.29%~12.00% ( 247 ) Note 2: The range of NTD interest rate is 0.28% ~ 0.50% and the range of foreign currency interest rate is 0.70% ~1.40%. B. Loans and deposits Item Counterparty December 31, 2017 % of Total Total Interest Income (Expense) % of Total Interest Rate (%) NT$ US$ For the year ended December 31, 2017 Deposits All related parties $ 7,354,911 $ 248,074 0.31% ( $ 48,923 ) 0.25% 0.00%~13.00% Loans All related parties 65,890 2,222 0.00% 2,021 0.00% 1.00%~5.00% Item Counterparty December 31, 2016 % of Total Total Interest Income (Expense) % of Total Interest Rate (%) NT$ For the year ended December 31, 2016 Deposits All related parties $ 6,302,446 0.29% ( $ 114,861 ) 0.75% 0.00%~13.00% Loans All related parties 105,809 0.01% 2,738 0.01% 0.01%~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.