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Press Releases (2008~2006)
Bank SinoPac Celebrates the Grand Opening of Kowloon Branch With 4 Branches SinoPac Becomes the Number 1 Taiwan Bank in Hong Kong SAR and Macau

(January 9, 2007, Taipei) Bank SinoPac, a subsidiary of SinoPac Holdings, holds a grand opening cocktail reception today to officially celebrate the grand opening of its Kowloon Branch. The new branch marks the 4th branch for Bank SinoPac in Hong Kong and Macau (Hong Kong, Kowloon, Macau, and Beiguan), giving the Bank unparallel presence among all Taiwan banks. It is believed that Bank SinoPac can offer the best and the most convenient services for Taiwan companies operating in the Greater China markets. The Bank is a member of “Real Time Gross Settlement System” and “Hong Kong Interbank Clearing Limited.” Hence, the Bank is equipped with the most complete local clearing tools in Hong Kong, making HK dollar and US dollar FX transactions will be credited on the same day. Moreover, the Bank can provide swift wire transmission services among Taiwan, Hong Kong, and the Pearl River Delta, trade services, and check clearance services.

Bank SinoPac Kowloon Branch is located in the most fabulous landmark, 18/F, No. 1 Peking Road, Tsim Sha Tsui, at the heart of major traffic routes, over looking the beautiful Victoria Harbor. With sophisticated interior and comfortable space, the building itself bestowed the annual recognition from the Hong Kong Architecture Association. The excellent geographic location and its comprehensive financial platform reflect Bank SinoPac's long-term commitment in Hong Kong and Macau.

Chairman of SinoPac Holdings, Mr. Show-Chung Ho, said “As of end of 2006, the total asset of SinoPac Holdings exceeds HKD240 billion, with a clientele base over 2 million, we are market leader in corporate banking trade finance and SME lending. Using our resourceful capitals and progressive IT techniques, we will provide our customers in the Greater China markets with the best financial services. At the same time, we will be moving towards our corporate vision- the financial silk road of the 21st century.

Mr. Paul Lo, CEO of SinoPac Holdings and Chairman of Bank SinoPac, said, “Bank SinoPac has 4 branches and has the strongest network coverage in Hong Kong and Macau. Furthermore, SinoPac Holdings has as many as 23 outlets in the Pan Pacific region. Every year, our Bank invests more than HKD 400 million in the technology system, offering advanced internet banking service such as the CrossPacific Account (CPA) & e-Factoring for our corporate banking clients and Money Management Account (MMA) for our wealth management clients. Our goal is to provide our customers with the fastest and the most comprehensive services via internet, no matter where the customer is and when they need us.”

Bank SinoPac Kowloon Branch is located at 18/F, No. 1 Peking Road, Tsim Sha Tsui, Kowloon, Hong Kong SAR. The service hotline is (852) 3655-8688.

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