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Fubon Financial Holding Co.

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Fubon Financial Holding Company
富邦金融控股股份有限公司
Company typePublic
TWSE: 2881 LSEFBND
IndustryBanking
Founded2001/11/28 approved
2008/12/19 business commenced[1]
HeadquartersTaipei, Taiwan
Key people
Richard M. Tsai (Chairman)
Jerry Harn (President)
ProductsFinancial services
Total assetsUS$170.8 billion (2015)[2]
SubsidiariesTaipei Fubon Bank, Fubon Insurance, Fubon Life, Fubon Securities, Fubon Asset Management, Fubon Venture Capital Consulting, Fubon Financial Venture Capital, Fubon Bank (Hong Kong), Fubon Direct, Fubon AMC
Websitehttp://www.fubon.com

Fubon Financial Holding Co., Ltd. (Chinese: 富邦金融控股股份有限公司(富邦金控)) (TWSE: 2881 LSEFBND ) is a financial investment holding company consists of the following key subsidiaries: Fubon Asset Management, Fubon Insurance Co. Ltd., Fubon Securities, Fubon Bank (present Taipei Fubon Bank), Fubon Life, Fubon Bank (China) and Fubon Bank (Hong Kong) Limited. The holding company was setup on 19 December 2001.

Fubon FHC has its headquarters in Taipei.[3] Fubon Group's logo compresses "Fubon" to "FB" and uses two thick lines to spell "FB."[4]

History

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In September 2003, Fubon bought roughly 55% of International Bank of Asia from Arab Banking at a price of NT$19 billion, or 1.16 times of the net asset value of the bank.[5] The acquisition of Jih Sun Financial Holding by Fubon was approved by shareholders of both companies in November 2021.[6]

See also

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References

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  1. ^ Financial Holdings Companies in Taiwan[permanent dead link]
  2. ^ "The World's Largest Public Companies". Forbes.
  3. ^ "Company Profile." Fubon Group. Retrieved on August 25, 2010. "Principal Office 237 Chien Kuo South Road Section 1, Taipei, Taiwan"
  4. ^ "Corporate identity". Fubon Group. Archived from the original on 2011-10-06. Retrieved 25 August 2010.
  5. ^ "Fubon to have IBA become overseas subsidiary, The China Post, 2003-09-10 Retrieved 2018-05-22". Archived from the original on 2021-05-10. Retrieved 2018-05-22.
  6. ^ Hsieh, Fang-wu; Huang, Frances. "Taiwan's Fubon Financial, Jih Sun to complete merger in Q1 2022". Central News Agency. Retrieved 6 November 2021.
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