The Research of Information System Integration in Banks’ Mergers and Acquisitions

• Main Authors: Yi-Lun Chen, 陳宜倫
• Other Authors: Ong Chorng-Shyong
• Format: Others
• Language: zh-TW
• Published: 2011
• Online Access: http://ndltd.ncl.edu.tw/handle/77564049624115159642

碩士 === 國立臺灣大學 === 資訊管理組 === 99 === In the past, Taiwan financial market was restrict and conservative. In the process of financial liberalization, many non-self control competitors made business competition overwhelming. Even this situation benefited consumers, but due to the excessive expansion of credit, lack of risk awareness, followed by the financial crisis. The result was really painful over the island. 1997 and 1998, respectively, had the East Asian financial crisis and Taiwan local financial crisis. Banks in order to avoid bad debt, tightened up the financial policy that made companies hard to raise funds from the Bank. Since July 2002, the government conducted a series of financial reform project. The first reform is「Eliminate the shortcoming」 i.e. 258 reform program; hope that within two years, the ratio of bad financial institutions was down to 5%, and the Bank of International Settlement (BIS) ratio increased to 8% In June 2004, the government established 「Regional Financial Service Center Promote Group 」. On 2004 October 20, government again focused on 「introduction Hennessy 」 to dominate the second financial reform, and set four objectives. 1. Before the end of 2005, at least three financial holding companies market share are more than 10%. 2. The total number of public shares financial institution decrease from twelve to six by end of the same year. 3. The total number of financial holding company cut down half as seven by end of the year. 4. At least one of financial holding companies goes overseas listing or attract foreign investment. So, Bank of Taiwan and Central Trust Bureau were merged together and the total assets of about $ 3 trillion NTD which took total market accounting rate up to 11.59% which became the highest in Taiwan financial institutions. Again, Farmers Bank was merged into Cooperation Bank. Later, more merging cases happened on foreign financial institutions, such as ABN AMRO bank merged Taitung Business Bank, Standard Chartered Bank merged Hsinchu Business Bank, and Citibank acquired Overseas Chinese Commercial Bank. Merge and acquisition is the antidote to enterprise growth, but this antidote is also a malady that should take necessary caution before over use. Even this is a shortcut to enterprise growth, and enterprise can quickly reach the destination, but along the way is not easy. In order to go to paradise, the encountered difficulties and the resistance will certainly be many, and only participants can articulate. Therefore, In this troubled financial environment, this paper is looking for a general rule on merge and acquisition solution, try to domestic on information systems and to explore the whole organization and, thus to create good value and show the benefits.