E.SUN Financial Holding Company Limited: Update following rating affirmation
Our credit view of E.SUN Financial reflects the good performance of the company's largest subsidiary, E.SUN Commercial Bank, and the volatile profitability of its non-bank subsidiaries.E Sun Financial is an investment and management company. Through its subsidiaries, Co. is engaged in commercial banking operations; foreign exchange operations; investment and personal finance operations; agency operations; underwriting, dealing and brokerage securities; life insurance and property insurance brokerage; security investment consulting; marketable securities underwriting, brokerage, and trading; short-term security brokerage and trading, and planning, managing and operating of trust. As of Dec 31 2007, Co. had total assets of NT$772,181,984,000 and total deposits and remittances of NT$589,441,331,000.
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