Citibank Taiwan Ltd (台灣花旗) on Thursday held a grand opening ceremony for a smart banking branch in Changhua City that was upgraded from a regular one.
After building its presence in Taiwan over the past 55 years, the upgraded branch is Citibank’s latest effort to provide services and products catering to the needs of local clients after introducing its Citibank Global Wallet and premium Citi Prestige Card.
Citibank country business manager Dennis Hussey said that upgrading the Changhua branch demonstrates the bank’s commitment to furthering its investments in Taiwan and offering localized services.
Photo courtesy of Citibank Taiwan Ltd
About 80 percent of Citibank’s branches in Taiwan have been upgraded, and it will continue to renew facilities at local branches and enhance the professional skills of its staff, with an aim to create a homely environment.
As Citibank has long been dedicated to providing global and innovative services, it plans to introduce a new product, portfolio finance, in the middle of next month to help clients rejuvenate assets and to offer an agile approach to utilize capital.
The upgraded branch, which is on Xiaoyang Road adjacent to the bustling business circle of Changhua City, provides a comfortable space for clients to access real-time market information, product offerings and Web banking services.
One-on-one servicea are available at its Wealth Management Consultancy Area.
The branch has been in operation for more than 28 years, with 46 percent of its clients having used it for at least 15 years. To provide more comprehensive services, Citibank moved the branch to a new building to facilitate the upgrade. Local craftsmen from 50-year-old Cheng Li Wood Co Ltd (正利木器) were hired to give the interior a unique touch. The craftsmen created special wood patterns, signifying blessings, to adorn the windows.
With the decorative windows, Citibank aims to show the connection between the bank and local culture, and also reintroduce Lukang’s long-forgotten wooden crafts to young people, as the carpentry industry was once a source of local pride.
MORE THAN BUZZ: The chip designer said it has received numerous orders from automakers to supply 5G modem chips, as it works to expand beyond smartphones MediaTek Inc (聯發科) yesterday said it would ship the first 5G chips for vehicles to customers in the Asia-Pacific region by the end of the year, as it moves to expand the reach of its 5G chips beyond smartphones. The Hsinchu-based chip designer said it has been developing 5G chips for connected vehicles over the past few years, targeting applications such as telematics and in-vehicle information systems. “We are seeing demand for 5G technology from numerous makers of connected cars, including electric vehicle makers. We have obtained numerous orders from automakers to supply 5G modem chips with highly integrated features,” J.C. Hsu
INVENTORY DOUBLED: Key parts have backed up in warehouses, halting notebook production, as Acer’s CEO said that a gradual reopening would not solve the problem PC vendor Acer Inc (宏碁) yesterday said that lockdowns in China to control COVID-19 upended key component supply and disrupted PC production, although chip shortages have been improving. While chip supply constraints largely eased in the first quarter, the company faces uneven supplies of key components due to COVID-19 restrictions in China, Acer chairman and CEO Jason Chen (陳俊聖) told an online news conference. “Semiconductor shortage was the biggest problem in the first half of last year,” Chen said. “Now, we are beset by a supply chain issue caused by China's lockdowns.” With key components unable to be delivered and backing up in
E Ink Holdings Inc (元太科技) yesterday said it would further expand capacity to cope with robust demand for e-paper displays used in e-readers, e-notes and electronic shelf labels, as the COVID-19 pandemic and rising inflation have not dampened consumer demand. Although rising inflation is weakening companies’ purchasing power, E Ink said that its customers have not scaled down orders for e-paper displays used in e-readers. “Reading is still the most affordable leisure activity that people have,” E Ink CEO Johnson Lee (李政昊) told an online investors’ conference in Taipei. As e-books are less expensive than paper books, “we have so far not seen
Covestro Taiwan Ltd (台灣科思創) yesterday launched a new research and development center that is to specialize in resin synthesis and fiberoptic coating after its parent company, Covestro AG, acquired a resins business from Royal DSM, it said. The German company in September 2020 agreed to buy the resins and functional materials business from Royal DSM for about 1.61 billion euros (US$1.69 billion), corporate data showed. The Dutch company’s local units, such as Covestro Resins (ROA) Ltd (帝昇) and Covestro Resins (Taiwan) Ltd (新力美), are next month to be integrated into Covestro Taiwan Ltd, with their employees continuing resins development, Covestro Taiwan said. The
RSS