First Financial Holding's Subsidiary First Bank Announces Plan to Apply for Issuance of Unsecured Subordinated Financial Bonds with a Limit of NTD 20 Billion
NQ Score
54/100
AI Summary (NQ-processed)
First Bank, a subsidiary of First Financial Holding, plans to apply for the issuance of unsecured subordinated financial bonds, with an approved limit of NTD 20 billion. The board of directors approved this plan on April 17, 2026. These bonds, with a maturity of up to 30 years, aim to maintain capital adequacy, stabilize long-term funding, and support business growth.
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Frequently Asked Questions
- Q: What type of financial bonds is First Bank applying to issue?
- A: Unsecured subordinated financial bonds.
- Q: What is the purpose of issuing these financial bonds?
- A: The purpose is to maintain capital adequacy ratio, enhance long-term stable funding sources, and support business development.