01.2022 Group Briefing
Far Eastern International Bank assists in the start-up of Yilan qingshuidi thermal power plant
Far Eastern International Bank / Peng Guanying
On November 23, 2021, Yilan County Government held an opening ceremony for the "Qingshui geothermal power generation BOT and rot case". This is the first formal commercial geothermal power plant in Taiwan. Far Eastern International Bank provided an exclusive financing of NT $375 million at the initial stage of the plant, showing its determination to support energy transformation.
With the increasing risk and threat of climate change, the implementation of energy transformation has become a major topic for countries all over the world. Far Eastern International Bank highlights the power of green finance through innovative credit thinking, cooperates with the government's energy transformation policy, and supports the "green finance action plan 2.0" of the financial supervision commission. For the "clean water geothermal power BOT and rot project", Far Eastern International Bank not only provides construction funds, but also helps enterprises overcome various obstacles in the process. Thomas Chou president of Far Eastern International Bank said, "in the future, Far Eastern International Bank will not only continue to deepen the integration between banking business and ESG, but also sign the TCFD task force on climate related financial disclosures (TCFD) to join hands with the government and other enterprises to pursue sustainability development."
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With the increasing risk and threat of climate change, the implementation of energy transformation has become a major topic for countries all over the world. Far Eastern International Bank highlights the power of green finance through innovative credit thinking, cooperates with the government's energy transformation policy, and supports the "green finance action plan 2.0" of the financial supervision commission. For the "clean water geothermal power BOT and rot project", Far Eastern International Bank not only provides construction funds, but also helps enterprises overcome various obstacles in the process. Thomas Chou president of Far Eastern International Bank said, "in the future, Far Eastern International Bank will not only continue to deepen the integration between banking business and ESG, but also sign the TCFD task force on climate related financial disclosures (TCFD) to join hands with the government and other enterprises to pursue sustainability development."
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