Union Bank of Taiwan Preferred (2838A)

Overview

Union Bank of Taiwan was established in 1989 and has its headquarters in Taipei, Taiwan. The bank operates through various units, including Corporate Banking Unit, Consumer Banking Unit, Wealth Management and Trust Unit, Investing Unit, and Leasing Unit. It offers a comprehensive range of banking products and services to meet the financial needs of its customers. The Bank's operations cover a wide array of activities, including loans and deposits, remittances, financial trading, and investment services, alongside engaging in corporate finance and consumer credit offerings.

Products and Services

• Deposit Products:

  The Bank accepts a variety of deposit products, catering to both individual and corporate clients, facilitating savings and transactions.

• Loans and Financing Services:

  This includes corporate loans, discount bills and notes, domestic letters of credit, accounts receivable factoring, mortgages, auto loans, personal loans, and other types of consumer credit, designed to meet diverse financial needs.

• Credit Card Services:

  Union Bank of Taiwan offers credit card services, providing customers with convenient payment solutions and financial flexibility.

• Wealth Management and Trust Services:

  The Bank provides expert wealth management, trust, and custodian business services, including safe-deposit box rental and certification services for marketable securities, tailored to the individual financial goals of its clients.

• Foreign Exchange and International Trading:

  Handling exports, imports, foreign remittances, foreign currency loans, and guarantees, the Bank supports its clients in international trade and exchange rate risk management.

• Investment Services:

  Trades in marketable securities and futures on behalf of customers, offering investment advisory services to help clients optimize their portfolios.

• Insurance Agency Services:

  Operates as a life and property insurance agency, providing a range of insurance products to protect clients' assets and their future.

• Retail and Distribution of Tech Products:

  Involved in the retail and distribution of hardware and software products, system development, website designing, e-commerce activities, and other related services.

• Leasing and Factoring Businesses:

  Offers car rental, import and export financing, securities investment trust, installment, leasing, and accounts receivable factoring businesses, providing solutions for asset acquisition and financial liquidity.

• Real Estate and Investment Services:

  Engages in the sale, purchase, and leasing of real estate, venture capital investments, general business investments, and consulting services, supporting clients in achieving their investment goals.

• Energy and Technology Service Business:

  Involved in power generation, transmission, distribution, and providing energy technology services, showcasing the Bank's commitment to innovative and sustainable solutions.