Core Viewpoint - The article discusses the completion of the transfer of personal banking services from Dahua Bank (China) to Fubon Huayi Bank, effective from July 4, 2025, highlighting the implications for customers and the strategic adjustments of Dahua Bank [4][19]. Group 1: Transfer Completion - Dahua Bank China and Fubon Huayi Bank announced the completion of the transfer of personal banking products and services, including mortgage loans, on July 4, 2025 [4][8]. - Following the transfer, Dahua Bank China will terminate all account and automatic deduction services, and will no longer process automatic deductions from customer accounts [7][8]. Group 2: Customer Transition - Customers of Dahua Bank China will have their agreements and personal information transferred to Fubon Huayi Bank, which will assume responsibility for these agreements [8]. - Starting from July 7, 2025, customers can register and log into the Fubon Huayi Bank mobile banking app using their identification and phone number provided at Dahua Bank China [8][10]. Group 3: Service Changes - Dahua Bank China will cease various services, including WeChat transaction notifications and personal financial service communication tools, from specified dates in 2025 [12][16]. - The bank will stop accepting applications for certain investment products and services, with a "silent period" established to ensure a smooth transition [16][17]. Group 4: Strategic Business Adjustment - The transfer is part of Dahua Bank China's strategic adjustment to focus on enhancing its business in the China-ASEAN region while streamlining personal banking services [19][22]. - The bank emphasizes that this transfer will not affect its wholesale banking and global financial services, and it does not have a significant impact on its financial status [20].

Core Viewpoint - Dahua Bank (China) announced the transfer of its personal banking business to Fubon Bank (China) with the transfer expected to be completed by July 2025, as part of a strategic business adjustment aimed at enhancing operational efficiency and focusing on cross-border business needs in the China-ASEAN region [1][10]. Summary by Sections Business Transfer Announcement - Dahua Bank (China) will transfer its personal banking services to Fubon Bank (China) effective from February 24, 2025, with completion anticipated by July 2025 [1]. - The transfer includes all personal customer accounts, deposits, loans, and related wealth management products [10]. Changes to Personal Banking Services - Starting June 23, 2025, Dahua Bank will cease all buy-in services for overseas wealth management plans through branch counters and phone channels [4]. - The Dahua Wealth APP will stop accepting product subscription, conversion, and redemption requests from June 20, 2025 [4]. - Insurance agency relationships will end on July 5, 2025, and customers must change their payment accounts by July 4, 2025, to avoid policy lapses [4]. Communication and Service Adjustments - The bank will stop new binding functions on its WeChat public account from June 1, 2025, and all services related to the U Enjoy Club will be terminated [8]. - Personal financial service communication via WeChat will cease from May 26, 2025 [8]. - Post-transfer, only the Shanghai branch will continue to provide offline personal banking services, while other cities will halt personal business operations [8]. Strategic Business Adjustment - The transfer is part of a broader strategic shift initiated in 2018 to focus on enhancing China-ASEAN business cooperation and streamlining personal banking operations [10]. - The bank emphasizes that this decision aligns with its commitment to customer interests and aims to provide high-quality services [10]. Impact on Other Business Areas - The transfer will not affect Dahua Bank's wholesale banking and global financial services, and it is expected to have no substantial impact on the bank's financial status [11]. - Fubon Bank has established a presence in 13 cities with 24 branches, indicating its capability to manage the transferred personal banking business effectively [11].