Reported 8 months ago
Far East Commercial Bank held its shareholders' meeting on June 19, 2024, announcing a dividend distribution of 1.012 NTD per share for 2023, consisting of 0.506 NTD cash dividend and 0.506 NTD stock dividend with a payout ratio of approximately 98%. The bank elected its 12th board of directors, reported a 7% increase in total assets and net worth in 2023, achieved a new record profit of 4.17 billion NTD, and showcased strong performance in wealth management and digital finance. Far East Bank aims to continue its sustainable growth strategies and maintain a strong financial position.
Source: YAHOO