Fubon Financial Holding Co. Explained

Fubon Financial Holding Company
Chinese: 富邦金融控股股份有限公司
Type:Public
Foundation:2001/11/28 approved
2008/12/19 business commenced[1]
Location:Taipei, Taiwan
Key People:Richard M. Tsai (Chairman)
Jerry Harn (President)
Industry:Banking
Products:Financial services
Assets:US$170.8 billion (2015)[2]
Subsid:Taipei Fubon Bank, Fubon Insurance, Fubon Life, Fubon Securities, Fubon Asset Management, Fubon Venture Capital Consulting, Fubon Financial Venture Capital, Fubon Bank (Hong Kong), Fubon Direct, Fubon AMC
Homepage:http://www.fubon.com

Fubon Financial Holding Co., Ltd. is a financial investment holding company consists of the following key subsidiaries: Fubon Asset Management, Fubon Insurance Co. Ltd., Fubon Securities, Fubon Bank (present Taipei Fubon Bank), Fubon Life, Fubon Bank (China) and Fubon Bank (Hong Kong) Limited. The holding company was setup on 19 December 2001.

Fubon FHC has its headquarters in Taipei.[3] Fubon Group's logo compresses "Fubon" to "FB" and uses two thick lines to spell "FB."[4]

History

In September 2003, Fubon bought roughly 55% of International Bank of Asia from Arab Banking at a price of NT$19 billion, or 1.16 times of the net asset value of the bank.[5] The acquisition of Jih Sun Financial Holding by Fubon was approved by shareholders of both companies in November 2021.[6]

See also

External links

Notes and References

  1. http://www.fscey.gov.tw/competitive/Eng/3.1.1.doc Financial Holdings Companies in Taiwan
  2. Web site: The World's Largest Public Companies. .
  3. "Company Profile." Fubon Group. Retrieved on August 25, 2010. "Principal Office 237 Chien Kuo South Road Section 1, Taipei, Taiwan"
  4. Web site: Corporate identity . Fubon Group . 25 August 2010. https://web.archive.org/web/20111006204644/http://www.fubon.com/eng/group/identity.htm . 2011-10-06 .
  5. Web site: Fubon to have IBA become overseas subsidiary, The China Post, 2003-09-10 Retrieved 2018-05-22 . 2018-05-22 . 2021-05-10 . https://web.archive.org/web/20210510143914/https://chinapost.nownews.com/20030910-152662 . dead .
  6. News: Hsieh . Fang-wu . Huang . Frances . Taiwan's Fubon Financial, Jih Sun to complete merger in Q1 2022 . 6 November 2021 . Central News Agency.