Provided by: THE SHANGHAI COMMERCIAL & SAVINGS BANK, LTD.
SEQ_NO
1
Date of announcement
2022/03/26
Time of announcement
16:52:05
Subject
Announcement of the important resolution by the
Company's Board of Directors
Date of events
2022/03/26
To which item it meets
paragraph 51
Statement
1.Date of occurrence of the event:2022/03/26
2.Company name:The Shanghai Commercial & Savings Bank, Ltd.
3.Relationship to the Company (please enter "head office" or
"subsidiaries"):head office
4.Reciprocal shareholding ratios:N/A
5.Cause of occurrence:The company's board of directors
decided to agree to build new core banking system.
6.Countermeasures:N/A
7.Any other matters that need to be specified:After
transaction price and terms, etc. are determined,
material information will be released in compliance
with regulations.
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Disclaimer
Shanghai Commercial & Savings Bank Ltd. published this content on 26 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 March 2022 09:00:06 UTC.
The Shanghai Commercial & Savings Bank, Ltd. is a Taiwan-based private bank. The Bank's businesses are involved in deposit business which handles personal and corporate deposit business; wealth management business which provides wealth management products and consulting services for high-value customers; corporate financial business which handles corporate credit, foreign exchange and international financial business; personal financial business which handles consumer loan and credit card business such as personal housing loan and micro-credit loan; trust business which handles trust business and subsidiary businesses; investment business which handles financial asset investment and equity investment business; digital financial services which provides 24-hour ATM, online banking, mobile banking and telephone customer services. The Bank operates branches in the domestic market, Hong Kong and overseas markets such as Vietnam and Singapore.