At the summit, Richard R.C. Shih said that Vietnam's economic outlook is rosy and that the Vietnamese government is proactively optimizing the investment environment. Eupho Lin believed that Vietnam is poised to see prosperity over the next ten years and set the tone of the country's next golden decade of growth. Cathay United Bank President Alan Lee highlighted that the Bank considers Vietnam its second home as the Bank set up its first Branch in Chu Lai in 2005, the first Taiwanese bank to own a subsidiary and a branch in Vietnam. As of this year, Cathay United Bank has established solid partnerships with more than 300 Vietnamese and Taiwanese companies and has undertaken more than 100 international syndicated loans as a lead arranger or participating bank. In March this year, the Bank rolled out the "CUB Vietnam App," a digital loan platform that has received over 50,000 applications in just six months.
Furthermore, Cathay United Bank's Quang Nam Representative Office underwent its first renovation in 19 years and reopened in September this year. The reopening will bring the Bank's financial services in Vietnam to the next level, demonstrating the Bank's dedication to serving both local and cross-border companies in Vietnam. The opening ceremony of the renovated representative office saw the attendance of several guests who conveyed their best wishes, including Pham Trong, an official of the State Bank of Vietnam; Tran Van Can, Chairman of Quang Nam Learning Promotion Association; Yang Yu-feng, Senior Adviser of Overseas Community Affairs Council; and Hsu Chih-cheng; President of Council of Taiwanese Chambers of Commerce in Da Nang.
Source: Cathay United Bank
Reporter: PR Wire
Editor: PR Wire
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