遠東商銀召開2018年度股東常會

　　遠東國際商業銀行於6月20日假臺北市國軍英雄館召開2018年股東常會，揭示延續「加速數位創新應用、開展海外市場業務」之策略，並落實法遵及風險管理，持續掌握數位金融與區域經濟的時代契機，力拚今年獲利雙位數成長。會中並通過2017年度盈餘分配案，每股配發0.71元股利，包含0.439元現金股利與0.271元股票股利，現金股利發放率約49%；同時選出第10屆董事11席，由侯金英、王孝一、鄭澄宇、吳均龐、鍾聰明、許士軍、俞明德（以上為法人代表）、沈平、張秀蓮、王小蕙（以上為獨立董事）、徐旭東當選。因會計師王小蕙新任獨立董事，女性董事提升至3席。

鞏固本業獲利動能
　　遠東商銀2017年核心業務獲利不減，惟受到美元匯率變動及復興航空呆帳等一次性損失衝擊，稅後淨利僅達28.54億元，每股盈餘（EPS）則維持0.9元，總資產報酬率（ROA）為0.5%，股東權益報酬率（ROE）為6.82%；然而，若不計入無避險外幣資本匯損，稅前總資產報酬率0.65%、稅前股東權益報酬率8.83%，約與同業相當；至於資本適足率，經反應法規調整房貸風險係數後大幅提升至14.35%，優於同業平均。

2017年度核心業務的重大進展包括：
＊推出創新「遠東跨界行動應用平臺」，協助遠百、遠東SOGO等大型零售通路導入全面之行動掃碼支付，取得兩項金融科技專利，獲金管會核准符合「研究發展投資抵減」資格認定；
＊展現金融科技自主之研發能力，全面投入開發創新金融商品與技術，至2017年底共取得8項金融科技專利，估計今年專利數將以倍數成長；
＊打造精品級財富管理旗鑑分行「敦南分行」，並獲財訊雜誌評鑑「最佳理專團隊獎」及嬋連卓越雜誌「最佳財富管理獎」、「最佳品牌形象獎」肯定；
＊遠東快樂信用卡以遠東集團卡為定位，於集團零售通路簽帳金額年度成長15%；消費分期貸款、汽機車貸款等庶民經濟商品，保持市占領先；
＊法人金融團隊持續經營大中華市場，並配合新南向政策，插旗越南，擴大海外業務版圖。
＊子公司營運績效亮眼，遠智證券、AMC遠銀資產管理及上海遠榮租賃獲利大幅成長，並創新高。

CSR獲雙料大獎
　　遠東商銀落實企業社會責任，於去年榮獲「臺灣企業永續獎」及「BSI企業永續傑出獎」雙獎肯定，今年初亦率先捐款三百萬元，協助花蓮大地震受災同胞重建家園。2017年具體績效包括：
＊參與第四屆公司治理評鑑，獲上市公司組排名前20%之佳績；
＊導入ISO 50001能源管理系統示範據點，以３年節能15%為目標展開各項節能措施，並購買綠電及擴大綠能企業授信，綠能授信餘額達174億元，為綠色地球給力；
＊長年投入人才培育，獲勞動部人才發展品質管理系統(TTQS, Talent Quality-Management System)銀獎肯定，並為金融業唯一連續15年獲政府企業人力資源提升計畫補助；
＊連年獲選臺灣證券交易所「高薪100」、「就業99」等指數成分股，貢獻臺灣經濟；
＊持續精進客戶服務，獲臺灣客服中心發展協會頒發卓越客服「最佳客戶服務企業獎」及「最佳客服中心獎」；
＊協助身心障礙同胞自立生活，以伊甸愛心卡為核心平臺，提供伊甸基金會捐款累積突破八千萬元；採購喜憨兒烘焙月餅3,000盒，並持續雇用成年喜憨兒於分行服務；
＊發行「知識之森，學問之海」月曆，導覽當代閱讀空間，並贈書31所高中高職準畢業生等，推動社會閱讀風氣；
＊舉辦常玉展遠銀日、奧塞展遠銀日，贊助太陽馬戲團演出等，與客戶共享人文美學。

前進新市場，掌握新商機
　　遠東商銀全力建構數位競爭力，離櫃率至今年四月已達88.5%；FE跨界行動應用平臺除已導入之支付寶、遠傳friDay錢包，今年將繼續與國際級行動支付品牌合作；此外，預計今年第三季推出的遠東數位銀行新品牌，著眼社群潮流，開發令人耳目一新的數位金融應用；而為加速海外市場拓展，一方面申請增資上海的租賃子公司，並規劃新設新加坡及越南辦事處，參與東協市場國際聯貸籌組業務，爭取在地企業金融需求商機；財富管理則運用AI機器人理財，提升服務的深度與廣度，並串連在地中小企業投融資業務，推動分行營運模式轉型；信用卡結合行動支付與集團優惠，以重返百萬有效卡之市場地位為目標。在歷經去年之電腦駭客事件，改善資安環境、提升資安管理等級亦為重點工作。

　　遠東商銀調整財務結構，在配合法規及IFRS、 BASEL等要求外，亦當持續追求規模擴大及獲利穩健增長，今年期以資產跨過6千億門檻、獲利雙位數成長、EPS大於1元等為目標而努力。＃

2018 General Shareholders’ Meeting of Far Eastern International Bank

The 2018 general shareholders’ meeting of FEIB was held on June, 20, 2018, at 9:00 am at Auditorium of Taipei Hero House, where management team reported FEIB’s 2017 business performance and 2018 business strategies.  Based on 2 pivot strategies, i.e. “going overseas & going digital” as well as reinforcing compliance and risk management, FEIB  continues following industry trend of digitalization and regionalization to achieve double-digit growth of profitability in 2018.

The Shareholders' Meeting approved dividend distribution of NT$0.71 per share which consisted of cash dividend of NT$ 0.439 per share and stock dividend of NT 0.271 per share.  The payout ratio of cash dividend was around 49%.  In the meeting, shareholders also elected 11 board members, including Ms.Ching-ing Hou, Mr. Shaw Y. Wang, Mr. Humphrey Cheng, Mr. James Wu, Mr.Tsung-ming Chung, Dr. Shi-chun Hsu, Dr. Min-the Yu (above are legal representative directors), Ms. Susan S. Chang, Ms. Hsiao-hui Wang, Mr. Bing Shen (above are independent directors), and Mr. Douglas Hsu.  After the new election, female directors account for 3 seats of FEIB’s Board. 
 

Steady core profitability momentum
FEIB maintained steady profitability from core business in 2017 , yet, due to one-time loss of foreign capital’s FX loss and bad debt loss to TransAsia Airways, FEIB’s net income in 2017 declined to NT$2.85Bn, EPS to NT$0.9 per share, ROA of 0.5%, and ROE of 6.82%.  Excluding FX loss from the unhedged foreign capital, FEIB’s 2017 pre-tax ROA would be adjusted to 0.65% and pre-tax ROE would be adjusted to 8.83%, which were both around industry average.  Total capital adequacy ratio on YE’17, after adjusting risk factor of mortgage loan according to regulation changes, increased significantly to 14.35%, better than industry average.

2017 major development of core business:
* FEIB launched “FE Integrated Payment Platform” to facilitate mobile payment processing for major retail chains like Far Eastern Department Stores and FE Sogo Department Stores.  The 2 self-developed and patented FinTech techniques were recognized by FSC (Financial Supervisory Commission) for R&D tax credit eligibility and the platform was also awarded by FE Group for group synergy collaboration.
* FEIB developed innovative new products and technique through self-supported R&D capability in FinTech.  Up to YE2017, FEIB has registered 8 patents in FinTech category, and is expected to increase patent registration by multiples in 2018. 
* “Dunhua Branch” was launched as the flagship of boutique wealth management business model.  Meanwhile, as branding recognition, FEIB was awarded the “Best Wealth Management Team” by Wealth Magazine, the “Best Wealth Management” and the ”Best Branding” by Excellence Magazine.
* FE Happy Card, positioned as the flagship card for FE Group, created 15% growth in spending in FEG retail shops.  FEIB’s niche in Installments, automobile & motorcycle loans remained leading position in the industry by market shares.
* FEIB continued expanding corporate banking business in greater China market.  Meanwhile, following government’s new southbound policy, FEIB started new business in Vietnam for new market development.   
* FEIB’s subsidiaries, Far Eastern International Securities, Far Eastern Asset Management Co. and FEIB Financial Leasing Co. in Shanghai all delivered good business performance in 2017 with record high net income.

2 major CSR awards
FEIB continued delivering social responsibilities as a corporate citizen.   In 2017, FEIB CSR report was awarded “Taiwan Corporate Sustainability Award” and “BSI Sustainability Excellence Award”.  In early 2018, FEIB donated NT$3MM to the Relief Fund immediately after Hualien earthquake.  Other contributions in 2017 include:
* FEIB was ranked top 20% among listed companies in the 4th corporate governance review by Taiwan Stock Exchange.
* FEIB implemented ISO 50001 for energy management in model branches, setting a goal of 15% energy saving in 3 years.  To preserve green environment, FEIB supported green energy purchase and participated green financing with outstanding balance of NT$17.4Bn on YE’17.  
* With continuous effort and commitment in employee training, FEIB gained subsidy support from MOL (Ministry of Labor) for 15 consecutive years for human resource enhancement program, and was awarded silver medal for TTQS (Talent Quality- management System). 
* FEIB stock was included in TWSE ’s (Taiwan Stock Exchange) “High-Pay 100 Index” and “Employee 99 Index” as ESG (Environmental, social and governance) indices. 
* FEIB’s customer service team was rewarded the “Best Customer Service Corporate” and the “Best Customer Service Center” by TCCDA (Taiwan Contact Center Development Association) .   
* To encourage independency of physically and mentally challenged individuals, FEIB accumulatively supported over NT$80MM donation to Eden Foundation (via Eden Honor Cards), purchased 3,000 gift boxes of moon cake from “Children Are Us Foundation” and hired challenged adults of the Foundation for reception work in branches.  
* For promotion of reading habit, FEIB issued 2018 calendar of “Forest & Ocean of Knowledge“ to introduce cotemporary architecture of libraries and donated books to graduating students of 31 senior high schools. 
* To share aesthetic lifestyle with customers, FEIB hosted FEIB Day of Musee d’Orsay Exhibition and Sanyu Collection Exhibition for VIP customers, and sponsored Cirque du Soleil Show in Taipei. 
 

New markets, New opportunities
In 2018, FEIB endeavors to enhance digital competitiveness that up to April’18, 88.5% of customer transactions are transacted on-line.  “FE Integrated Payment Platform” is in progress of connecting more international mobile payment interfaces besides Alipay and FE friDay wallet.  Leveraging availability of social banking, FEIB is planning to launch a new, unique and fresh digital banking brand in 3Q’18.  For overseas market development, FEIB plans to inject new capital to FEIB Financial Leasing Co. in Shanghai, and to apply for rep. offices in Singapore and Vietnam in order to participate syndication opportunities in ASEAN and meet financing demand of local business.  Through AI technique, Robo advisory will be used to enhance professionalism of wealth management service.  Branch business model will be transformed to add SME customers for both financing and investment business needs.  FEIB credit card, through linkage with mobile payment interfaces and joint promotion with FE retailers, is to gain more customers for a goal of over 1MM active cards.  Post the computer hacker event in 2017, FEIB improves information security system and management architecture as one of the key internal control tasks in 2018. 

Financially, FEIB will adjust balance sheet structure along with regulations, IFRS and BASEL requirement, grow asset scale and increase profitability in steady trend.  The 2018 financial goals for FEIB are to grow assets above NT$600Bn, increase profitability by double-digit percentage, and achieve EPS over NT$1 per share.#