Fubon Financial Holding Co., Ltd. on behalf of
Fubon Bank (China) Co., Ltd. to announce the fining by
regulators.
Date of events
2022/01/18
To which item it meets
paragraph 26
Statement
1.Date of occurrence of the event:2022/01/18
2.Cause of occurrence:Fubon Bank (China) Chengdu Branch has violated
principle of prudence while operating a few loan product transactions.
3.Handling procedure:NA
4.Anticipated possible loss or impact:Fubon Bank (China) Chengdu Branch
was fined RMB 2,800,000.
5.Amount of insurance claims that might be obtained:NA
6.Improvement status and future countermeasures:
Relevant improvement measures have been taken.
7.Any other matters that need to be specified:None
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Disclaimer
Fubon Financial Holdings Co. Ltd. published this content on 18 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 January 2022 09:04:06 UTC.
Fubon Financial Holding Co Ltd is a Taiwan-based financial holding company principally engaged in the sale of insurances and provision of related services. The Company mainly operates through five business segments. The Banking Business segment is mainly engaged in the banking and related businesses. The Property and Casualty Insurance Business segment is mainly engaged in the provision of various insurances. The Life Insurance Business segment is mainly engaged in the provision of life insurances. The Securities Business segment is engaged in the trading of securities and related products. The Others segment is engaged in the financial holding, venture capital, asset management and sports lottery businesses.
FUBON FINANCIAL HOLDING CO., LTD. 
