Bank SinoPac (永豐金融控股公司)
Bank A banking holding company located in Taiwan, SinoPac has 22 divisions, 125 branches throughout Taiwan, and 3 international branches in Shanghai, Guangzhou, and Chengdu (as of 2019). Following revelations that SinoPac Chairman Ho Shou-chuan gave generous loans to "an offshore company with no real operations and high investment by the Yuen Foong Yu Group," which was under the control of SinoPac's founding Ho family, Taiwan's banking regulator, the Financial Supervisory Commission, ordered Ho to resign in 2017. There have been no legal implications for Ho Shou-chuan.
Sinopac Financial Holdings' market valuation as of March 2023 is $7.36 billion. Sinopac Financial Holdings is now ranked as the 1804th most valuable business in the world by market cap. The most recent financial reports from Sinopac Financial Holdings indicate that the company's current revenue (TTM) is $1.53 billion. The company generated $1.60 billion in revenue in 2021, an increase from $1.35 billion in 2020.
Founded: 1992
Headquarters: Taiwan
Website: www.sinopac.com
