The Bank of Taiwan (BOT) supports the project by the Financial Supervisory Commission to build Taiwan into an Asia asset management center. “Continue to Excel through Financial Advantages” was therefore chosen as the central theme for the 2025 General Conference on Branch Affairs held in Kaohsiung between March 14 and 15, 2025 to develop a blueprint and strategy for future development together.
FSC Vice Chairperson - Dr. Yen-Liang Chen was invited by BOT to provide his guidance at the conference. He also delivered a keynote speech on the topic of “Building a secure and progressive new financial market” called upon all sectors to work together to achieve this goal while maintaining “security”, the essential foundation to any financial market.
In the beginning, Chairperson Joanne Ling thanked the management team and all colleagues for their joint efforts over the past year during which BOT delivered an outstanding overall performance on many fronts. For 2025, Chairperson Ling directed the BOT to focus on loans to small and medium enterprises, expansion of the overseas lending business, improving the efficiency of fund utilization, actively expand financial products and services, while also enhancing the wealth management business and activating asset value to increase revenue. These proactive strategies are aimed at boosting operational yields. At the same time, she emphasized the importance of compliance, internal audits, and internal control systems. She hoped that all managers will continue to act in a professional and innovative manner to expand the Bank’s core business portfolios. Further effort must be made in every sector to take the business to even greater heights.
President Wu also stated that BOT’s business performance in 2024 was outstanding, but there are many variables in the current global economy, and reminded all managers to be more cautious. On the operational side, focus should be on improving operational efficiency and service quality; on the business side, there needs to be greater diversity in profit sources; for overseas operations, the emphasis should be on core operations to boost profitability. President Wu also reiterated BOT’s commitment to compliance and ethical management. A zero tolerance policy will continue to be enforced for all irregular and illegal behavior by bank employees. Managers must therefore redouble their communication on the core values of ethical management and compliance to employees.
The two-day conference saw extensive engagement between attending managers that built up consensus throughout the bank, and made the conference a complete success.