Far Eastern International Bank sponsors the Hong Kong Lei Shing Hong‘ s syndicated loan case

        Far Eastern International Bank announced on February 25 that it would co-sponsor the IFL case of Hong Kong Lei Shing Hong LTD Credit Co., Ltd. with a total credit line of $310 million over a three-year period. Hong Kong Lei Shing Hong LTD Credit is one of the leading brands of property loans in Hong Kong. Its profit momentum and asset quality are stable. The company intends to use the joint loan funds to enrich working capital in order to continuously enhance the competitiveness of its financial services.
        
         Hong Kong Lei Shing Hong LTD Credit, which belongs to Hong Kong Lei Shing Hong LTD Group, began to develop its business in Hong Kong in the 1990s, providing mortgage loans for real estate, shops, parking lots and other real estate industries, including residential, industrial and commercial sectors, and establishing a credit financing department in Singapore to provide financial solutions for enterprises such as financing, industrial rental and leasing services. Its parent group, Hong Kong Lei Shing Hong LTD, is a large integrated enterprise group with business covering automobile, machinery, real estate, trade and financial services. Its business layout covers three places across the Straits, South Korea, Southeast Asia and Australia.
        
         According to Far Eastern International Bank Thomas Chou Presidentidents, "Developing International Business" is one of Far Eastern International Bank's main operating strategies in the past five years. By systematically laying out the cross-strait three places and ASEAN's cross-border enterprise fund service platforms, an elite team has been formed. So far, 23 cross-border and International Joint Lending cases have been successfully organized. Overseas business earnings account for the whole bank. Profit is rising year by year. Far Eastern International Bank co-sponsored the IFL case. Five banks at home and abroad, Pangu Bank of Thailand, Yongfeng Bank, Changhua Bank, Keiki Bank and Cooperative Treasury Bank, co-sponsored the case; together with other participating banks, including Dafeng Bank of Macau, South China Bank, Land Bank, Taiwan Enterprise Bank and Huatai Bank, a total of 11 financial institutions jointly participated.
        
         Far Eastern International Bank has accumulated rich experience in cross-border and international loan sponsorship, and gradually established its brand overseas. It has planned to set up offices in Singapore and Vietnam respectively. At present, it is actively conducting the bidding process to the local authorities in order to further integrate the atmosphere and business opportunities of the ASEAN market.