The Far Eastern Group established Far Eastern International Bank (FEIB) in 1992 in the wake of the government's promotion of economic liberalization and financial internationalization. Total assets of FEIB exceeds NT$400 billion with 56 branches and bank units throughout Taiwan. Its branch office in Hong Kong was established in 2006, marking the Bank's entry into international financial markets and a prelude of its operations in China's financial industry.
Far Eastern International Bank is one of the 8 banks that pioneered the launch of Automated Clearing House (ACH) platform in compliance with Project C, a government-initiated plan to integrate e-banking and enterprise information flow. It also introduced internet banking and FE Direct Bank functions, aiming to provide fast, convenient, secure, 24/7 and year-round online banking/investment services. In recent years, the Bank formed strategic alliances with notable non-banking counterparts and launched co-brand cards to meet customers' demands for convenient and diversified choices.
FEIB has been actively building a financial system that encompasses operations in billing, leasing, insurance, asset management, securities investment, and trust, developing into a professional, internationalized and high-quality financial institution.
Oriental Securities Corp., set up in 1979, is the Group's early venture into the financial services market. It offers comprehensive wealth management services to individual customers with full functions, state-of-the-art information system, professional managers and dedicated staffs. The Company established Oriental Securities Investement Advisory Co., Ltd. in 1999 to offer clients and investors even more sophisticated wealth management information and investment planning services.
In 2001, the Group and its foreign joint venture partner set up Far Eastern Alliance Asset Management Co., Ltd. In 2008, the Group changed its foreign partner to Deutsche Bank AG and renamed the joint venture as Deutsche Far Eastern Asset Management Co., which strives for presenting professional research quality and seasoned investment experiences to offer the best returns for its investor clients.