INSTITUTION
PERIOD
BACKGROUND,RESPONSEMEASURESAND
RESULTS
8 First batchof
problem financial
institutionshandled
by theFinancial
RestructuringFund
of theExecutive
Yuan, including
29 farmers’ and
fishermen’s
associations and7
credit cooperatives
2001.08.31
Conservatorship thecredit
departmentof SongShan
Farmers’ Associationof
Taipei City
2001.09.14
Conservatorship thecredit
departmentsof the28
farmers’ and fishermen’s
associations
2001.09.14
Conservatorshipof7credit
cooperatives
•
Adjusted net worth of all institutions turned
negative according to financial examination;
includedby theFinancial RestructuringFund for
disposition. TheMinistry of Finance appointed
theCDIC toassumeauthorityof officeor station
on-site conservatorship.
•
Assumedby10 state-ownedandprivatebanks.
9 KaohsiungBusiness
Bank
2002.1.28~2012.07.09
Conservatorship
2012.07.10~President
Receivership
•
Asset quality continued to deteriorate and
failed to increase capital by cash injection. The
Ministry of Finance appointed the CDIC to
stationon-site conservatorship.
•
Assumed by the E.Sun Bank on September 4,
2004.
•
The FSC instructed that conservatorship be
terminated frommidnight on July10, 2012, and
that the receivership be simultaneously started.
TheCDICwas designated as receiver tohandle
follow-up receivershipaffairs according to law.
10 FifthCredit
Cooperativeof
TainanCity
2002.05.17~2002.08.24
Conservatorship
•
Adjusted net worth turned negative after
financial examination; includedby the Financial
Restructuring Fund for disposition. TheMinistry
of Finance appointed the CDIC to station on-
site conservatorship.
•
Assumed by the Sunny Bank on August 24,
2002.
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Appendix
