E.SUN Commercial Bank, Ltd. (Commonly known as E.SUN Bank, E.SUN, ) is a Taiwanese
bank
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets.
Because ...
headquartered in
Taipei
Taipei (), officially Taipei City, is the capital and a special municipality of the Republic of China (Taiwan). Located in Northern Taiwan, Taipei City is an enclave of the municipality of New Taipei City that sits about southwest of the n ...
,
Taiwan
Taiwan, officially the Republic of China (ROC), is a country in East Asia, at the junction of the East and South China Seas in the northwestern Pacific Ocean, with the People's Republic of China (PRC) to the northwest, Japan to the nort ...
.
E.SUN Bank was founded in 1992 by Mr. Yung-Jen Huang, the current chairman of E.SUN financial holding company. Responding to the surging Asia market and trend of financial innovation, E.SUN Bank is focus on its priority markets in Asia, Australia, and US, with 139 branches in Taiwan and 28 branches and subsidiaries in 9 countries and jurisdictions as of December 31, 2020.
Artificial intelligence and digitalization has been applied to each aspect of its business, including credit card fraud detection, product recommendation, auto personal loan, etc.
E.SUN is committed to ESG by contributing its core competencies in areas such as corporate governance, customer service, employee care, environmental sustainability, and community involvement. By delivering a significant contribution in ESG performance, E.SUN is listed in Dow Jones Sustainability Index (DJSI) for 7th consecutive year in 2020, and ranked 4th in the Asian banking industry, 6th in banking industry of the world.
In 2020 E.SUN was noted for their effective response to the
COVID-19
Coronavirus disease 2019 (COVID-19) is a contagious disease caused by a virus, the severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The first known case was COVID-19 pandemic in Hubei, identified in Wuhan, China, in December ...
outbreak.
Overseas operations
* 5 operating sites under E.SUN Bank (China), China subsidiary
* 14 presences under Union Commercial Bank, Cambodian subsidiary
* Hong Kong Branch
* Los Angeles Branch
* Singapore Branch
* Dong-Nai Branch
* Sydney Branch
* Brisbane Branch
* Yangon Branch
* Tokyo Branch
* Hanoi City Representative Office (Vietnam)
Financial Performance
E.SUN Bank's overall profit after tax in 2020 reached NT$16.465 billion. The EPS, ROE, and ROA were NT$1.43, 9.45% and 0.61%, respectively. The overall business maintained steady growth. In 2020, the growth rates of total loans and total deposit were 12.3% and 19.4%, respectively. Loan growth was achieved while maintaining sound asset quality. The NPL ratio was 0.19%. The NPL coverage ratio was 656.3%.
Glory and Honor
* Listed in DJSI (Dow Jones Sustainability Index) for the 8th consecutive year since 2014
* E.SUN Bank received the 4th Executive Yuan's 25th National Quality Award, becoming the only corporate receiving the award for 4 times (3 for corporate and 1 for individual)
* Received 12 Best Bank in Taiwan and 16 highest awards for CSR since 2017 (Forbes, The Banker, Global Finance, Asiamoney, the Asset, The Asian Banker etc.)
* Received 20 Highly Commended Awards from Taiwan Academy of Banking and Finance, a record high in industry
* E.SUN Bank ranked No.1 among Taiwan's banks in World Top 500 Most Valuable Banking Brands from the Banker (2019, 2020)
See also
*
Taiwan
Taiwan, officially the Republic of China (ROC), is a country in East Asia, at the junction of the East and South China Seas in the northwestern Pacific Ocean, with the People's Republic of China (PRC) to the northwest, Japan to the nort ...
*
List of banks in Taiwan
This is a list of banks in Taiwan, including the government-owned banks of the Taiwan.
Central Bank
* Central Bank of the Republic of China (Taiwan)
Governmental institutions
Existing National Institutions
* Agricultural Bank of Taiwan
* ...
*
Economy of Taiwan
The economy of Taiwan is a highly developed market economy. It is the 8th largest in Asia and 18th-largest in the world by purchasing power parity, allowing Taiwan to be included in the advanced economies group by the International Monetary F ...
*
List of companies of Taiwan
Taiwan maintains a stable industrial economy as a result of economic growth and industrialization during the late 20th century, being dubbed as one of the Four Asian Tigers along with Hong Kong, Singapore and South Korea. It is a member of both ...
References
External links
E.SUN Financial Holding Company (English)E.SUN Commercial Bank (Chinese)E.SUN Commercial Bank (English)
1992 establishments in Taiwan
Banks established in 1992
Banks of Taiwan
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