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12.2024 Honor and Personnel Change

Far Eastern International Bank wins three major awards at the 2024 Trust Award

Far Eastern International Bank / Zhu Jialin
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943d01        Far Eastern International Bank continues to expand its application scope in trust business, and with outstanding professional capabilities and innovative service concepts, has won the Commercial Times' Trust Award for Multi Trust Innovation for three consecutive years. In 2024, it won three major awards, including the "Best Public Trust Innovation Award", "Best Real Estate Management Trust Innovation Award", and "Cross Industry Cooperation Recommendation Award". Not only that, but it has also won the first place in Group B of Anxin Trust for three consecutive years in the Financial Supervisory Commission's "Trust Industry Promotion Trust 2.0 Plan Evaluation". Multiple honors not only demonstrate the outstanding achievements of the bank's long-term deep cultivation of trust business, but also represent the recognition of its professional ability by the industry.

        Charity Trust Love Double Trust

        Since its launch of charitable trust business in 2010, Far Eastern International Bank has provided funding to 149 social welfare organizations, with a total donation amount exceeding NTD 19.34 million. In view of the increasing public attention to transparency in the flow of charitable donations in recent years, Far Eastern International Bank ensures that every donation is used for those in need through a rigorous donation plan review process, as well as the selection of beneficiaries by the trust team and tracking of follow-up and inspection results. In addition, family members of the beneficiaries are invited to visit the site together every year to personally understand the results of the donation, and to unite each other to achieve public welfare goals. Innovative and unique operating model, won the "Best Public Trust Innovation Award".

        Integrating group resources to create a win-win situation

        Far Eastern International Bank collaborates with its subsidiary Far Eastern Asset Management Corporation to ensure the protection of asset management companies' claims against developers through real estate management trusts, while allowing pre buyers to not worry about developers being unable to deliver their properties due to financial issues or facing the dilemma of unrecoverable payments; Developers can also obtain stable financial support and successfully complete their construction projects as a result. This innovative model successfully assisted developers who were originally facing financial difficulties in completing construction projects, and quickly sold them out after public sales. The debt of the asset management company was also fully repaid, creating a win-win situation for the three parties and demonstrating its integration and service integrity in trust business. It was selected as the "Best Real Estate Management Trust Innovation Award".

        Cross industry cooperation to meet the challenges of aging population

        As Taiwan is about to enter a super elderly society by 2025, Far Eastern International Bank actively responded to the Financial Supervisory Commission's Trust 2.0 "Comprehensive Trust" policy, and was recognized with the "2024 Trust Award" "Cross Industry Cooperation Recommendation Award" for its innovative "Trust Guardian Butler" platform. This platform provides one-stop financial services such as personal care, tax planning, and wealth inheritance, becoming an important partner in an aging society. In addition to upgrading and innovating trust services, Far Eastern International Bank also held the "Trust and Asset Inheritance Forum" this year, inviting Secretary General of the Trust Association Lv Huirong, Lawyer Su Jiahong from Grace Law Firm, and the senior consultant team of Far Eastern International Bank family trusts to gather together to help clients understand how to cope with the challenges of an aging society through trust tools and smoothly inherit wealth to the next generation.

        In the future, Far Eastern International Bank will continue to uphold the spirit of "Le Chuang" and "Le Xin" in the Ten Le brand values, providing personalized and innovative trust services to more customers to meet their needs at various stages of life.

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