Far Eastern International Bank Bankee social bank won the national brand E.Sun bank Award

        Far Eastern International Bank launched Bankee social bank, the world's first sharing economy bank, with the concept of bank 4.0 three years ago. Taking community finance as the core and using the recommendation sharing mechanism, everyone can become an online branch manager. The online branch has grown 10 times over the years. Therefore, it was awarded the "national brand E. sun bank Award - best product" on October 21. Dai Songzhi, deputy president of digital financial business group, attended and accepted the award from Chen Ju, President of the supervision institute.

        The reduction of physical branches is a world trend. In the past, physical branches represented revenue and assets, but the establishment of a branch in the future may mean NT $100-300 million in fees and costs. According to the statistics of the Financial Supervisory Commission, by the end of 2020, the total number of branches of Bank of China had reached a new low in the past nine years. For the trend of tightening global physical branches, Far Eastern International Bank Bankee social bank has not decreased but increased, becoming a leader in the niche market.

        Dai Songzhi, deputy president of digital financial business group of Far Eastern International Bank, said that far Eastern International Bank's first social financial ecosystem has gradually achieved results. Bankee social bank is not only open to individuals, but also open to strategic cooperation with cross industry new entrepreneurs with baas (bank as a service) embedded financial model, The new entrepreneurs who have been aligned include: human resources system start-up technology company, smart loan matchmaking platform, enterprise fund-raising platform and payment ecosystem (far EasTone telecommunications ecosystem, etc car economy and rental ecosystem, etc.), and cooperate to form a cross regional and diversified financial ecosystem. In the future, Far Eastern International Bank will continue to layout the digitization process, take the development of an open social financial platform as the strategy, connect the financial ecosystem and big data, and create a new digital financial service and innovative business model.

        #