Sinopac Financial Holdings

SinoPac Holdings is a publicly listed financial holdings company on the Taiwan Stock Exchange with subsidiaries in banking, securities, leasing, bancassurance, venture capital, management consulting, commodity,… etc. SinoPac Holdings has operating outlets world-wide, including Los Angeles, Hong Kong, Macau, Beijing, Shanghai, Nanjing, Vietnam and London. SinoPac Holdings’ asset to date exceeds NT$1.5 trillion with NT$94.7 billion in capital; foreign institutional investors (FINI) hold approximately 35% of its shares. In 2014, SinoPac Holdings's accumulated net profit after tax amounted NT$12.9 billion, ROE 11.2%, and among all subsidiaries, Bank SinoPac and SinoPac Securities are the two major profit contributors. To take full advantage of financial deregulation across the Taiwan Strait, SinoPac Holdings continue pushing its Five-year strategic plan. Giving priority to "new market, new currency, new channel" (China and related area, Renminbi, virtual platform), the Company is set to become recognized as the most flexible and convenient financial service provider cross-strait; also achieves "content shareholders, happy customers, proud employees, and public respect" at the same time. Besides integrating its product, channel, and operational platforms, the Company draws on its diversity and comprehensiveness across Greater China, Europe, the U.S., and Southeast Asia to come up with innovative financial products. Emphasis will also be placed on integrating physical and virtual channels seamlessly to provide customers with a most refreshing experience in the financial world. Above all, the Company is committed to deliver cross-border a full array of convenient financial services with regard to cash management, capital markets, and investment and financing. Ever since the launch of its Five-year Strategic Plan, Bank SinoPac has become an essential driving force behind novel cross-strait financial activities. Bank SinoPac has launched USD/RMB One-Day Remittance Service with Industrial and Commercial Bank of China, allowing Bank SinoPac’s clients to omit unnecessary intermediaries’ fund transfer fees and making global remittance practice more efficient, cost effective and user friendly. To better serve the clients, Bank SinoPac has also become the first to accommodate remittance instructions written in Mandarin Chinese when wiring to and from Mainland China. Bank SinoPac's mainland Chinese subsidiary, Bank SinoPac (China) Ltd., was the first of its kind approved by Taiwan's Financial Supervisory Commission. Headquartered in Nanjing, the subsidiary began operations in the first quarter of 2014. This was followed by the approval of Taiwan's Financial Supervisory Commission on setting up another branch in Shanghai. For leasing business, SinoPac Holdings has also drawn on its operations in Taiwan as the foundation for expanding in China. The establishment of SinoPac International Leasing in Nanjing was followed by the latter's opening branches in Dongguan, Xiamen and Kunshan. Next came SinoPac Financial Leasing (Tianjin) and its branch in Chongqing in 2014. Separately, SinoPac Securities Investment Trust's fund management joint venture in Xiamen and began operations in February 2014 as a provider of wealth management products. SinoPac Holdings continues to monitor economic developments and financial deregulations, and adjusts our strategies efficiently in line with government policies and regulations. By providing comprehensive, localized services, SinoPac hopes to fulfill shareholders' expectations of crafting the best financial service provider in the Greater China market.