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Bank SinoPac Group
Significant Events - 2005
2006 2005 2004 2003 2002 2001 2000
1999 1998 1997 1996 1995 1994 1993 1992

Jan. The Central Bank of China (CBC) allowed certain domestic banks to conduct foreign exchange derivatives business with a limited exclusive list.
Jan. SPFH together with BSP and Sinopac Securities donated NT$ 8 million to Indonesia's Tsunami recovery and reconstruction program.
Jan. We served as the trustee for "Taipei Public Trust of Taipei Excavation Reserve and Development Fund," the first cultural public trust in Taiwan.
Mar. The Financial Supervisory Commission (FSC) approved "the content of the calculation for operational risk" under new capital adequacy rules.
Mar. CBC raised discount rate, the interest rate of accommodation with collateral, and the interest rate of accommodation without collateral by 12.5 basis points each to 1.875%, 2.25% and 4.125%, respectively.
Mar. We relocated our Guting Branch to 3F. 306, Bade Rd., Sec.2, Taipei 104 and renamed it the Chunglun Branch.We relocated our Chunglun Branch to 172, Roosevelt Rd., Sec.2, Taipei 100 and renamed it the Chungcheng Branch.
Apr. FSC passed "guidelines governing the cash cards business of financial institutions" to strengthen the management of that business and the protection of cardholders.
May The legislature passed the "Resolution Trust Committee Fund Regulatory Provisions" to increase the amount of the Financial Restructuring Fund to NT$110 billion and upgrade its capacity for solving local financial institutions' bad-debt problems.
June ATM transfers to non-designated accounts was limited to NT$30,000.
July CBC raised discount rate, the interest rate of accommodation with collateral, and the interest rate of accommodation without collateral by 12.5 basis points each to 2%, 2.375%, and 4.25%, respectively.
July S&P rated us BBB for long-term obligation, A-2 for short-term obligation, and stable for outlook.
Aug. We arranged a NT$8.1 billion syndication loan for Lone Star Group.
Sep. BSP and Philharmonic Radio Taipei co-sponsored the 2005 Sinopac classical music contest, awarding 4 winners with elite musician prizes.
Sep. CBC raised discount rate, the interest rate of accommodation with collateral, and the interest rate of accommodation without collateral by 12.5 basis points each to 2.125%, 2.5% and 4.375%, respectively.
Oct. We launched "MMA 3G wealth management plan," the first financial service utilizing the next generation communication technology in Taiwan.
Dec. CBC raised discount rate, the interest rate of accommodation with collateral, and the interest rate of accommodation without collateral by 12.5 basis points each to 2.25%, 2.625 and 4.5%, respectively.
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