Is Fubon Huayi Bank a foreign bank?

Fubon Huayi Bank is not a foreign bank. Fubon Huayi Bank is a wholly-owned subsidiary of Fubon Financial Holdings in Taiwan Province Province, China. It is the first commercial bank jointly funded by both sides of the Taiwan Strait. On 1997, it officially opened in Pudong New Area, Shanghai. Fubon Huayi Bank has a number of business outlets in Chinese mainland, which is famous for its unique service and operation mode, providing customers with diversified choices including financial products and services. Therefore, Fubon Huayi Bank is not a foreign bank. The development vision of Fubon Huayi Bank is to become a first-class financial institution in Asia. Fubon Financial Holdings, whose main subsidiaries are Fubon Property Insurance, Fubon Life Insurance, Fubon China Bank, Fubon Huayi Bank (Hongkong, China), Fubon Securities and Fubon Investment Trust. With the most complete and diversified financial products and services, the business performance is dazzling. It has made the first profit for the financial industry in Taiwan Province Province, China for five consecutive years, and is the second largest listed financial holding company in Taiwan Province Province, China.