Financial institutions must possess expertise and excellence, in equal measure, to gain their clients’ trust. This extends from the world of finance into the realm of corporate stewardship and social responsibility.
With three decades of exemplary integrity and professionalism in banking, E.Sun Bank is a respected name in the industry. The Taiwanese company firmly believes that great vision and ambition bring great energy and success, and infuses this ethos into all its undertakings.
“We are determined to be the best in financial performance, as well as in corporate social responsibility and sustainable development,” shared Magi Chen, E.Sun’s CEO.
“This year is our 30th anniversary. In the past decade, we’ve achieved several milestones — our market value has grown over 500%, and we’re in the top 20 of over 1,700 listed companies in Taiwan. Our total asset growth is at a 10% compound annual growth rate.
“In terms of environmental, social and governance factors, we’re the first Taiwanese financial company to set 2050 net-zero emissions targets and to pass the Science Based Targets initiative review. We’ve also expanded our overseas network, with 30 business units in 10 countries. In digital transformation, E.Sun is the first bank in Taiwan to rebuild its core system, which supports the development of digital banking and transactions. We seek to become the most exemplary and distinctive bank in Asia, with strategies in cross-border business, digital banking and ESG.”
In cross-border relations, Japan and Taiwan are closely connected. “Japan is Taiwan’s third-largest trading partner and they share a long-term relationship in business cooperation and cultural connection — we share the same values. When E.Sun was established in 1992, Japanese banks were our first priority in correspondent banking,” Chen noted.
“Our Tokyo branch is a financial bridge between our Japanese and Taiwanese clients. Furthermore, we’re now working on setting up our Fukuoka branch, which, once approved, will be the first Taiwanese bank in Kyushu. We’ve also signed memorandums of understanding with several financial groups such as Resona Holdings, Kyushu Financial Group, Kagoshima Bank and Higo Bank to provide financial services to Japanese corporations when they expand their business in Taiwan. Moving into our fourth decade, we look forward to even deeper cooperation with the Japanese market,” Chen said.