Innovative and Financial Inclusion model, Taiwanese Business Bank won the Elite Award again
2020/11/02
Caption: Taiwanese Business Bank supports small and medium enterprises and create a multi-faceted financial environment.
The 10th "Taiwan Outstanding Financial Business Elite Award", hailed as the financial industry Oscar, Taiwan Business Bank is the first bank won the "Best Small and Medium-sized Enterprise Finance Award-Excellent" twice in the consecutive year, showing Taiwan Business Bank’s business practice in innovation and cultivation of small and medium-sized enterprises have won recognition from the outside world.
Mr. Huang, Boyi, chairman of Taiwan Business Bank, said that the COVID-19 epidemic impacts on the financial industry. Taiwanese Business Banks still have ambitions, actively support small and medium-sized enterprises, and concretely implement financial support industry-related actions. "Small and Micro New Ventures" as the topic, stood out from the list of 120 candidates that set a record high this year.
Taiwan Business Bank emphasized that because it understands that SMEs have a huge impact on the country’s economic development, and recognizes that more support should be given to small, micro and start-ups, it is the first in the industry to launch the "Small and Micro + New Ventures" Loan in 2019. The scoring table, simplified review process and expanded services. The number of SMEs that received finance from the bank has nearly doubled in recent years. It has not only become a model for state owned banks, but the concept has also been recognized by the regulator.
In response to encourage innovation, Taiwanese Business Bank pioneered the "Intangible Assets with Income Mezzanine Financing" loan, which embodies the value of creativity and innovation, and leads the financial industry to a innovative financing model. In addition, the 60 billion dollar loan program for youth entrepreneurship has a market share of more than 50%. It is obvious that Taiwan Business Bank is not only the sole professional bank for small and medium-sized enterprises in the country, but also a strategic bank that gives full play to its professional functions.
On the road to sustainable development, Taiwanese Business Bank applies the trinity strategy of "financing, counseling, and investment" to create a complete financial ecosystem. For example, by promoting financial inclusion and launching financial seminars to serve customers which were ordinarily excluded by other commercial banks. The bank also publishes a financial magazine (Taiwan Dynamic Entrepreneur) that records the process of entrepreneurship, and coordinates the state owned banks to shoot second-generation for SMEs’ transformation, demonstrating its determination to support the development of SMEs. Taiwan Business Bank had worked to implement sustainability and transformation, which has transformed the century-old bank into a leading financial brand focusing on Taiwan's small and medium-sized enterprises.
Mr. Huang, Boyi, chairman of Taiwan Business Bank, said that the COVID-19 epidemic impacts on the financial industry. Taiwanese Business Banks still have ambitions, actively support small and medium-sized enterprises, and concretely implement financial support industry-related actions. "Small and Micro New Ventures" as the topic, stood out from the list of 120 candidates that set a record high this year.
Taiwan Business Bank emphasized that because it understands that SMEs have a huge impact on the country’s economic development, and recognizes that more support should be given to small, micro and start-ups, it is the first in the industry to launch the "Small and Micro + New Ventures" Loan in 2019. The scoring table, simplified review process and expanded services. The number of SMEs that received finance from the bank has nearly doubled in recent years. It has not only become a model for state owned banks, but the concept has also been recognized by the regulator.
In response to encourage innovation, Taiwanese Business Bank pioneered the "Intangible Assets with Income Mezzanine Financing" loan, which embodies the value of creativity and innovation, and leads the financial industry to a innovative financing model. In addition, the 60 billion dollar loan program for youth entrepreneurship has a market share of more than 50%. It is obvious that Taiwan Business Bank is not only the sole professional bank for small and medium-sized enterprises in the country, but also a strategic bank that gives full play to its professional functions.
On the road to sustainable development, Taiwanese Business Bank applies the trinity strategy of "financing, counseling, and investment" to create a complete financial ecosystem. For example, by promoting financial inclusion and launching financial seminars to serve customers which were ordinarily excluded by other commercial banks. The bank also publishes a financial magazine (Taiwan Dynamic Entrepreneur) that records the process of entrepreneurship, and coordinates the state owned banks to shoot second-generation for SMEs’ transformation, demonstrating its determination to support the development of SMEs. Taiwan Business Bank had worked to implement sustainability and transformation, which has transformed the century-old bank into a leading financial brand focusing on Taiwan's small and medium-sized enterprises.
