Provided by: THE SHANGHAI COMMERCIAL & SAVINGS BANK, LTD.
SEQ_NO
1
Date of announcement
2022/03/26
Time of announcement
16:52:05
Subject
Announcement of the important resolution by the
Company's Board of Directors
Date of events
2022/03/26
To which item it meets
paragraph 51
Statement
1.Date of occurrence of the event:2022/03/26
2.Company name:The Shanghai Commercial & Savings Bank, Ltd.
3.Relationship to the Company (please enter "head office" or
"subsidiaries"):head office
4.Reciprocal shareholding ratios:N/A
5.Cause of occurrence:The company's board of directors
decided to agree to build new core banking system.
6.Countermeasures:N/A
7.Any other matters that need to be specified:After
transaction price and terms, etc. are determined,
material information will be released in compliance
with regulations.
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Disclaimer
Shanghai Commercial & Savings Bank Ltd. published this content on 26 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 March 2022 09:00:06 UTC.
The Shanghai Commercial & Savings Bank, Ltd. is a Taiwan-based private bank. The Bank's businesses are involved in deposit business which handles personal and corporate deposit business; wealth management business which provides wealth management products and consulting services for high-value customers; corporate financial business which handles corporate credit, foreign exchange and international financial business; personal financial business which handles consumer loan and credit card business such as personal housing loan and micro-credit loan; trust business which handles trust business and subsidiary businesses; investment business which handles financial asset investment and equity investment business; digital financial services which provides 24-hour ATM, online banking, mobile banking and telephone customer services. The Bank operates branches in the domestic market, Hong Kong and overseas markets such as Vietnam and Singapore.
THE SHANGHAI COMMERCIAL & SAVINGS BANK, LTD. 
