E.Sun Commercial Bank (玉山銀行) yesterday launched its first branch offering Chinese-English bilingual services on the National Taiwan University (NTU) campus.
It is also the lender’s first branch on the campus, E.Sun Financial Holding Co (玉山金控) president Joseph Huang (黃男州) told a news conference in Taipei.
While the Financial Supervisory Commission usually does not allow banks to open new branches in the greater Taipei area, as the market is already overcrowded, it allowed E.Sun Bank to open the branch, as it supports the government’s policy of increasing lending to small and medium-sized enterprises, Huang said.
The bilingual service is expected to make it more convenient for the university’s foreign students and faculty to use the bank’s services, as well as other foreigners who attend international meetings there, Huang said.
All banking services, such as opening an account, making deposits, transferring funds and loan applications, would be offered in English.
The branch has 13 employees who are fluent in English and who have scored an average 850 points in the Test of English for International Communication, he added.
All the signs and application forms at the branch are bilingual, and it is equipped with an automatic teller machine allowing users to withdraw foreign currencies, he said.
Given that school teachers and students are busy, the branch would encourage them to use its mobile app, where they can file the application forms, Huang said.
Customers who show the QR codes produced by the app at the branch would not need to fill out any forms, he said.
The bank plans to offer bilingual services at two other branches in central and southern Taiwan by the end of this year, while making six counters among its 139 branches bilingual soon, Huang said.
Meanwhile, Mega International Commercial Bank (兆豐銀行) and DBS Bank Taiwan (星展台灣) are to offer bilingual services at their two existing branches in Taipei’s Tianmu (天母) area from today, as many foreigners live there, the banks said.
Cairo’s new monorail slices across the city skyline, running above the familiar chaos of blaring horns and aging buses’ exhaust fumes that mark rush hour below. The US$4.5 billion monorail, opened this month, is among Egypt’s most prominent new transport projects, part of a debt-funded infrastructure drive criticized for sapping state finances while bringing limited benefits to most of the country’s 109 million people. “It feels like you’re in a different country,” said Ramy Sayed, a restaurant manager, aboard a driverless Innovia 300 train. “No noise, no traffic, we’re not used to this.” The eastern line runs 56km from the bustling middle-class
Taiwanese firms have increased investment in the Philippines in recent years as Manila’s ties with Washington deepen and global supply chains continue to shift away from China, an expert at the Chung-Hua Institution for Economic Research (CIER, 中華經濟研究院) said yesterday. The Philippines had not been among Taiwanese investors’ top choices in Southeast Asia, CIER Taiwan ASEAN Studies Center director Kristy Hsu (徐遵慈) said at a seminar in Taipei. However, Taiwan’s investment in the country has grown significantly since the COVID-19 pandemic, reaching US $257 million last year, a high in recent years, she said. Although Taiwan’s total investment in the Philippines still lags
Starlux Airlines Co (星宇航空) today unveiled a long-haul network expansion plan at a shareholders’ meeting in Taipei, including direct flights to Barcelona, Spain, and Zurich, Switzerland, as well as a service connecting Taipei, Sydney and New Zealand. Starlux is to become the first Taiwanese carrier to offer non-stop services to the two European cities, while the inaugural oceanic route is expected to expand transit opportunities within the Australia-New Zealand market, Starlux said. Flight services to Chicago, Dallas, Washington and New York are under evaluation, the airline added. Prior to the shareholders’ meeting, the airline earlier this year announced that it would be
Intel Corp regards Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) as a longstanding partner, as the US chipmaker would continue outsourcing production of advanced chips to TSMC, Intel chief executive officer Lip-Bu Tan (陳立武) said yesterday. “I don’t look at people as competitors. I look at the collaboration... Nvidia is also, you know, a good friend,” Tan told a news conference following his keynote speech at the Computex trade show in Taipei. “It’s a very trusted partnership for us... We are a big, top customer for them, and we’re going to continue doing that,” he said, referring to TSMC, the world’s largest foundry
RSS