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HSBC Taiwan wins happy work environment award
By Kao Shih-ching / Staff reporter
HSBC Bank Taiwan Ltd (匯豐台灣商銀) plans to adopt several approaches to build a happy workplace for its employees, chief executive officer Adam Chen (陳志堅) said yesterday.
Chen’s comment came after the bank ranked first among all domestic companies to win Chinese-language Global Views Monthly magazine’s Happy Enterprise Award on Monday.
“We can only be cheerful about winning the prize for a short moment, as creating a pleasant work environment is an ongoing journey and we cannot relax and stop,” Chen told the Taipei Times in a telephone interview yesterday.
DBS Bank only foreign lender to see profits grow
By Kao Shih-ching / Staff reporter
DBS Bank Taiwan’s (星展台灣) pretax profit rose 78 percent from a year earlier to NT$941 million (US$33.47 million) last year, the only foreign bank reporting profit growth for last year, Financial Supervisory Commission data showed on Tuesday last week.
A low companion base the previous year, more income from fees in its wealth management business and a reduction in operational expenses contributed to its rising profit, the commission said.
In comparison, Citibank Taiwan Ltd (花旗台灣) had pretax profit of NT$9.7 billion last year, down 33 percent year-on-year and the lowest in five years, the data showed.
Line Bank Taiwan Ltd (連線商業銀行), the nation’s second Web-only bank, launched on Thursday, but promptly drew a rebuke from the regulator after its system crashed.
The virtual bank launched its banking service, integrated into the messaging app Line offered by its affiliate Line Taiwan Ltd (台灣連線), at about 5pm on Thursday, but users said they could not access the service.
People who clicked on its Web page were greeted by either a blank page or a “server is busy” message.
That was contrary to the bank’s claims that people would be able to open an account within six minutes and its promise
Rakuten launches 12 new services
By Kao Shih-ching / Staff reporter
Web-only Rakuten International Commercial Bank Co (樂天國際銀行) on Monday announced that it would be launching 12 new services.
The bank began operations in January, enabling clients to open digital bank accounts and take personal loans online.
Among its new services, customers would now be able to transfer up to NT$2 million (US$71,078) at a time if they have linked a predesignated account, Rakuten said in a statement.
Rakuten International Commercial Bank chief executive officer Kazuhiko Saiki holds a phone displaying the bank’s app at an event in Taipei on Sunday. The Web-only bank on Monday announced that it would be launching 12 new services.