Fubon Financial Announces Disposal of Non-Performing Loans on Behalf of Fubon Hyundai Life Insurance
Fubon Financial Holding Co. announced the disposal of non-performing loans by Fubon Hyundai Life Insurance. The total transaction amount is approximately KRW 14.03 billion (approximately TWD 303 million) with Korea Asset Management Corporation (KAMCO) as the counterparty. This aims to reduce non-performing loans and improve asset quality.
📋 Article Processing Timeline
- 📰 Published: April 29, 2026 at 09:00
- 🔍 Collected: April 30, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 30, 2026 at 08:20 (20 min after Collected)
1. Name and nature of the target (if special shares, the agreed terms of issue such as dividend rate should also be specified): Non-performing loans
2. Date of occurrence of the event: October 30, 2025 ~ April 29, 2026
3. Date approved by the board of directors: Not applicable
4. Other approval dates:
Approval level: Handled in accordance with internal management regulations
April 29, 2026 (Republic of China calendar)
5. Quantity of transaction units, price per unit, and total transaction amount:
None, None, KRW 14,025,425,317, approximately TWD 303,087,073
6. Counterparty to the transaction and its relationship with the company (if the counterparty is a natural person and not a related party of the company, their name may be omitted):
Korea Asset Management Corporation (KAMCO), non-related party
7. If the counterparty is a related party, the reason for selecting the related party as the transaction object, the previous owner of the transferred asset, the relationship between the previous owner and the company and the counterparty, the previous transfer date and amount should also be disclosed:
Not applicable
8. If the ownership of the transaction target has been a related party of the company within the last five years, the acquisition and disposal dates, prices, and relationship with the company at the time of transaction of the related party should also be disclosed:
Not applicable
9. Matters related to the disposal of receivables (including the type of collateral attached to the receivables, if the disposed receivables belong to a related party, the name of the related party and the book value of the disposed receivables of the related party should also be disclosed):
Mortgage loans, not applicable, not applicable
10. Disposal gain (or loss) (not applicable for acquisition of securities) (if deferred, the recognition status should be listed and explained):
Disposal gain KRW 94,264,423, approximately TWD 2,051,036
11. Delivery or payment terms (including payment period and amount), contract restrictions, and other important agreements:
Delivery or payment terms: In accordance with contract agreements
Contract restrictions and other important agreements: In accordance with contract agreements
12. Method of determining this transaction, reference basis for price determination, and decision-making unit:
KAMCO's designated accounting firm calculates an appropriate sales price ratio, which will be applied to the transaction through Fubon Hyundai Life Insurance's authorization process.
13. Net value per share of the target company for acquiring or disposing of securities: Not applicable
14. As of now, the accumulated quantity, amount, shareholding ratio, and restrictions on rights (such as pledge status) of this transaction's securities (including this transaction) held: Not applicable
15. As of now, the proportion of investment in securities (including this transaction) listed in Article 3 of the "Regulations Governing the Acquisition or Disposal of Assets by Publicly Issued Companies" to the total assets and owners' equity attributable to the parent company in the company's latest financial report, and the amount of working capital in the latest financial report: Not applicable
16. Broker and brokerage fees: Not applicable
17. Specific purpose or use of acquisition or disposal: To reduce non-performing loans and improve asset quality
18. Opinions of dissenting directors on this transaction: Not applicable
19. This transaction is a related party transaction: No
20. Date of approval by supervisors or audit committee: Not applicable
21. Accountant's non-reasonable opinion on this transaction: Not applicable
22. Name of accounting firm: Not applicable
23. Name of accountant: Not applicable
24. Accountant's license number: Not applicable
25. Does it involve a change in operating model: No
26. Explanation of changes in operating model: Not applicable
27. Transaction status with the counterparty in the past year and estimated next year:
Transaction status with the counterparty in the past year:
Oct 30, 2025: KRW 5,790,399,704, approximately TWD 123,991,429
Dec 30, 2025: KRW 3,600,482,771, approximately TWD 78,664,689
Feb 27, 2026: KRW 2,301,900,039, approximately TWD 50,513,497
Apr 29, 2026: KRW 2,332,642,803, approximately TWD 49,917,458
Estimated transaction status with the counterparty in the next year: To be determined based on market conditions and the company's strategy
28. Source of funds: Not applicable
29. Date of previous material information announcement on the same event: Not applicable
30. Other matters to be specified: None
2. Date of occurrence of the event: October 30, 2025 ~ April 29, 2026
3. Date approved by the board of directors: Not applicable
4. Other approval dates:
Approval level: Handled in accordance with internal management regulations
April 29, 2026 (Republic of China calendar)
5. Quantity of transaction units, price per unit, and total transaction amount:
None, None, KRW 14,025,425,317, approximately TWD 303,087,073
6. Counterparty to the transaction and its relationship with the company (if the counterparty is a natural person and not a related party of the company, their name may be omitted):
Korea Asset Management Corporation (KAMCO), non-related party
7. If the counterparty is a related party, the reason for selecting the related party as the transaction object, the previous owner of the transferred asset, the relationship between the previous owner and the company and the counterparty, the previous transfer date and amount should also be disclosed:
Not applicable
8. If the ownership of the transaction target has been a related party of the company within the last five years, the acquisition and disposal dates, prices, and relationship with the company at the time of transaction of the related party should also be disclosed:
Not applicable
9. Matters related to the disposal of receivables (including the type of collateral attached to the receivables, if the disposed receivables belong to a related party, the name of the related party and the book value of the disposed receivables of the related party should also be disclosed):
Mortgage loans, not applicable, not applicable
10. Disposal gain (or loss) (not applicable for acquisition of securities) (if deferred, the recognition status should be listed and explained):
Disposal gain KRW 94,264,423, approximately TWD 2,051,036
11. Delivery or payment terms (including payment period and amount), contract restrictions, and other important agreements:
Delivery or payment terms: In accordance with contract agreements
Contract restrictions and other important agreements: In accordance with contract agreements
12. Method of determining this transaction, reference basis for price determination, and decision-making unit:
KAMCO's designated accounting firm calculates an appropriate sales price ratio, which will be applied to the transaction through Fubon Hyundai Life Insurance's authorization process.
13. Net value per share of the target company for acquiring or disposing of securities: Not applicable
14. As of now, the accumulated quantity, amount, shareholding ratio, and restrictions on rights (such as pledge status) of this transaction's securities (including this transaction) held: Not applicable
15. As of now, the proportion of investment in securities (including this transaction) listed in Article 3 of the "Regulations Governing the Acquisition or Disposal of Assets by Publicly Issued Companies" to the total assets and owners' equity attributable to the parent company in the company's latest financial report, and the amount of working capital in the latest financial report: Not applicable
16. Broker and brokerage fees: Not applicable
17. Specific purpose or use of acquisition or disposal: To reduce non-performing loans and improve asset quality
18. Opinions of dissenting directors on this transaction: Not applicable
19. This transaction is a related party transaction: No
20. Date of approval by supervisors or audit committee: Not applicable
21. Accountant's non-reasonable opinion on this transaction: Not applicable
22. Name of accounting firm: Not applicable
23. Name of accountant: Not applicable
24. Accountant's license number: Not applicable
25. Does it involve a change in operating model: No
26. Explanation of changes in operating model: Not applicable
27. Transaction status with the counterparty in the past year and estimated next year:
Transaction status with the counterparty in the past year:
Oct 30, 2025: KRW 5,790,399,704, approximately TWD 123,991,429
Dec 30, 2025: KRW 3,600,482,771, approximately TWD 78,664,689
Feb 27, 2026: KRW 2,301,900,039, approximately TWD 50,513,497
Apr 29, 2026: KRW 2,332,642,803, approximately TWD 49,917,458
Estimated transaction status with the counterparty in the next year: To be determined based on market conditions and the company's strategy
28. Source of funds: Not applicable
29. Date of previous material information announcement on the same event: Not applicable
30. Other matters to be specified: None