Chang Hwa Commercial Bank, Ltd. Announces Subsidiary Bank in China Board Appointments
November 23, 2021 at 04:21 pm IST
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Chang Hwa Commercial Bank, Ltd. announced on behalf of subsidiary bank in China, of effective date to change two members of the 2nd term Board of Directors. Title and name of the new position holder is Independent Director: Rueen-Fong Chu and Director: Rueih-Hwa Cheng. Resume of the new position holder is Independent Director: Rueen-Fong Chu, Visiting Professor of Department of Finance, I-Shou University and Director: Rueih-Hwa Cheng, S.V.P & Division Head of Chang Hwa Commercial Bank, Ltd. International Banking Division. Reason for the change is Reassignment.
Chang Hwa Commercial Bank Ltd is a Taiwan-based company principally engaged in the provision of financial services. The Company operates through deposit business, loan business, foreign exchange business, credit card business, electronic banking business, trust business, wealth management business, investment business and security business. Its deposit business includes demand deposits, time deposits and interbank deposits. Its loan business includes short-term money lending, medium-term money lending and long-term money lending. Foreign exchange business includes export, import and foreign exchange. Credit card business includes card issuing and card accepting businesses. Its electronic banking services include internet banking, telephone banking and mobile banking. The trust business includes securities trust and real estate trust. Its investment business includes securities investment, short-term bills and the proprietary trading in government bonds.