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Prasac trims pricing on loan return

Prasac trims pricing on loan return
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Three local banks team up to phase out paper bills

Three local banks team up to phase out paper bills By Kao Shih-ching / Staff reporter Taishin International Bank (台新銀行), DBS Bank Taiwan (星展銀行) and King’s Town Bank (京城銀行) are working with social enterprise Domi Earth Co (綠然能源) to promote electronic bills, planning to use the money saved to help those in need. Taishin Bank, the banking arm of Taishin Financial Holding Co (台新金控), has 6 million credit card clients, Taishin Bank senior vice president Cres Huang (黃天麟) told a news conference in Taipei yesterday. About 1 million of them receive electronic bills, he said. From second left, Small and Medium Enterprise Administration specialist Huang Hsiu-ling, Executive Yuan Office of Energy and Carbon Reduction Deputy Executive Officer Lin Tze-luen, Minister Without Portfolio Audrey Tang, Taishin International Bank senior vice president Cres Huang, King’s Town Bank spokesman You Qi-wei, DBS Bank Taiwan digital banking head Happy Ho

Taishin Financial upbeat over income, silent on life deal

Taishin Financial upbeat over income, silent on life deal By Kao Shih-ching / Staff reporter Taishin Financial Holding Co (台新金控) yesterday gave a rosy outlook for fee income and the interest rate spread this year, but was silent on progress toward acquiring Prudential Life Insurance Co of Taiwan (保德信人壽). Taishin Financial in December last year submitted an application with the Financial Supervisory Commission (FSC) regarding its bid for the local unit of US-based Prudential Financial Inc. The commission has not yet approved the deal and on Monday said that Taishin Financial had failed to explain the financial resources it would use for the acquisition.

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