KGI Bank is a wholly-owned subsidiary of CDF, providing multiple financial services including deposits, wealth management, consumer banking, corporate banking, global markets, and foreign exchange transactions. In recent years, the bank has achieved outstanding performance by launching a variety of innovative products and services, particularly in mobile payment and revolving consumer loans. KGI Bank has not only taken the lead in launching the first mobile payment service in Taiwan, but also ranked above all other banks in Taiwan with Mobile X Card in terms of transaction amount and volume.
KGI Bank became a part of CDF on September 15, 2014, while completing its integration with China Development Industrial Bank’s corporate banking and financial market operations on May 1, 2015 to strengthen the overall business structure. In terms of business development strategy, KGI Bank has been promoting cross-selling to maximize synergies via the injection of resources from the financial holding company and business integration. Moreover, to keep up with the trend of Bank 3.0 , the bank has aggressively integrated physical and virtual channels and introduced a diverse range of digital financial products to enhance the convenience level for clients. In terms of business expansion, KGI Bank aims to become a Taiwan-based innovative bank with the best service quality through expanding the group’s overseas presence aggressively in the Greater China region and Southeast Asia. The bank has also committed to develop innovative financial products and services to create a more competitive and internationalized financial service platform.
In 2016, KGI Bank will continue focusing on the dual strategy of cross-selling and capital utilization to strengthen its competitiveness, and expanding its business toward internationalization through setting up branches overseas. In a financial environment brimming with challenges, KGI Bank will continue striving to differentiate the customer experiences and diversify the financial services for a greater growth in customer support and shareholders' equity.
As of end of 2015, the net worth of KGI Bank was NT$57.9 billion, and consolidated assets were NT$546.2 billion.