Far Eastern Group recovers NTD 3 billion from original AIG debt

        In 2008, the global financial crisis erupted, and the following year, AIG (AIA International) withdrew from its business in Taiwan. Far Eastern International Bank acquired its credit card business and took over NTD 12.7 billion of non-performing loans for NTD 127 million. The debt management department was responsible for formulating strategies and negotiating repayment with creditors with empathy. By the end of 2025, the amount of bad debts recovered had exceeded NTD 3 billion. Thomas Chou Chairman, who led this merger case at the time, expressed his recognition of the debt management team for the recovery results with "impossible tasks" and "turning stones into gold", and expressed his deep sense of pride and honor.

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