Today's Information |
Provided by: First Financial Holding Co. Ltd. | |||||
SEQ_NO | 2 | Date of announcement | 2021/12/02 | Time of announcement | 17:51:30 |
Subject | Announcement on behalf of subsidiary FCB about Manila Branch was required to pay an assessment fee by the Central Bank of the Philippines. | ||||
Date of events | 2021/12/01 | To which item it meets | paragraph 39 | ||
Statement | 1.Date of occurrence of the event:2021/12/01 2.Circumstances of the violation:Manila Branch has not met the minimum amount required to be allocated for agriculture-related loan set by Bangko Sentral ng Pilipinas(Central Bank of Philippines)during the period of January 2017 to December 2019. 3.Monetary amount of fines:PHP6,913,821.67 (equal to NTD3,810,207�Aexchange rate 0.5511) 4.Status of the injunction by the respective competent authority: Assessment fee of PHP6,913,821.67. 5.Intended improvement measures:To acquire and purchase more agricultural-related loan and securities. 6.Effect on the Company��s business operations: Assessment fee of PHP6,913,821.67. 7.Any other matters that need to be specified:None. |
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First Financial Holding Co. Ltd. published this content on 02 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 December 2021 10:10:07 UTC.