Founded in 1959, China Development Financial Holding Corporation ("CDFH" ) has long played a pioneering role in Taiwan's economic development. By proactively rendering investment and financing services to key strategic industries at different stages of the island's growth, we have made immense contributions in driving Taiwan's prosperity and industrial development. With an integrated platform of financial services on offer (covering principal investments, corporate banking, investment banking, fixed income, equities and wealth management) subsequent to our transformation into a financial holding company and the acquisition of certain subsidiaries, we genuinely stand out as a unique player among domestic financial holding companies, which are more focused on retail financing or insurance.
Looking forward
We will work towards improving our risk management profile as well as continue to implement internal risk control measures in compliance with the Basel Accord.
For our operations in principal investments, we intend to focus on emerging markets such as Greater China while working closely with leading international private equity funds for greater exposure to investments in "non-core regions" as well as co-investment opportunities in large-scale international transactions.
In terms of investment banking, global equities and wealth management businesses, we have plans for expansion of our overseas securities-related businesses through the realignment of our existing overseas platforms.
For our corporate banking and fixed income businesses, we will seek to establish presence in the financial hubs and fast-growing economies in the Asia-Pacific region in answer to the growing needs of our Taiwanese customers.
To support our overseas business expansion, we will cultivate operational strengths commensurate with a leading regional financial group; we will continue to recruit and train-up talents with international exposures and global vision, and to offer competitive remuneration packages and stress a strong culture on team building.
It is true that competition in the financial market never eases off; it can only grow to become more ferocious each day. That being said, CDFH is committed to the role of brokering the advent of Taiwanese companies to the Asia-Pacific and world markets in adherence to our long-standing objective of providing customized and complete financial services, leveraging with prudence our strengths in resources and favorable fundamentals. As such, we have every confidence that CDFH will be the best partner for customers and clients alike in achieving value and growth.
