Asiamoney is part of the Delinian Group, Delinian Limited, 8 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2023
Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
AwardsAsia Private Banking Awards

Best for wealth transfer/succession planning in Taiwan 2021

E.SUN Bank

Joseph Huang, CEO, E.SUN.jpg
Joseph Huang, E.SUN Bank

E.SUN Bank is one of Taiwan’s younger banks, founded in 1992. But it has quickly risen to prominence thanks to its focus on Taiwan’s small and medium-sized enterprises, most of which are family-owned businesses.

E.SUN established its private bank in 2018 and has capitalized on the increasingly lucrative private banking service for succession planning. The outbreak of the coronavirus pandemic last year led to a collective shift in mindset, particularly among older clients in Taiwan. Many business owners in Taiwan, which has an aging population, have become more focused on succession planning. To meet that need, E.SUN added 50 new succession planning experts to its team last year, bringing the total to nearly 90.

In 2020, the bank recorded a 9% year-on-year increase in fee income, while overall sales volume jumped 30%.

E.SUN’s approach is to pair each customer with a private banking relationship manager as well as a corporate banking relationship manager to cover family wealth inheritance, asset allocation and corporate equity planning.

More