The Taiwan Academy of Banking and Finance (TABF) has strengthened its European engagement by signing a Memorandum of Understanding (MoU) with the ABISERVIZI SpA - ABIFormazione in Rome. ABIServizi is a service company wholly owned by the Italian Banking Association (ABI), which operates ABIFormazione as a dedicated training division for the banking and financial sector. The agreement marks a significant step forward in banking talent development and professional collaboration between Taiwan and Italy.
Signed during a visit to Italy led by TABF Chairman Dr. Paul Lei, the partnership will focus on banking education, wealth management, family office development, and digital learning innovation. By connecting Taiwan’s financial sector with one of Europe’s leading training institutions for banking, the MoU will create new opportunities for knowledge exchange and capacity building in areas of growing strategic importance.
The signing ceremony was witnessed by Ambassador Vincent Y. C. Tsai of the Taipei Representative Office in Italy, underscoring the deepening financial ties between Taiwan and Italy.
Taiwan and Italy share strong economic foundations, with small and medium-sized enterprises (SMEs) serving as key drivers of growth, employment, and innovation. The role of the financial sector in supporting sustainable growth has become increasingly important as both economies navigate industrial transformation, business succession, and evolving global market dynamics.
Italy’s banking industry has developed extensive expertise in family business advisory services, succession planning, and cross-border wealth management. These capabilities are particularly relevant as Taiwan advances its Asia Asset Management Center initiative and continues to expand its private banking and family office ecosystem. The partnership will provide a platform for sharing best practices, strengthening professional capabilities, and fostering dialogue on emerging industry trends.
“Taiwan and Italy share a strong foundation in SMEs and manufacturing, creating significant opportunities for collaboration in financial services and talent development,” said Dr. Paul Lei, Chairman of TABF. “Through this partnership, we aim to strengthen professional exchanges, broaden international perspectives, and support the continued development of financial expertise in both markets.”
The Rome signing forms part of TABF’s broader strategy to deepen partnerships with leading financial institutions across Europe. Through international collaboration, TABF seeks to bring global insights in banking, wealth management, and digital learning to Taiwan’s financial sector, helping professionals stay ahead of industry developments while further strengthening financial cooperation between Taiwan and Italy.
The MoU also reflects TABF’s commitment to building international networks that support talent development, knowledge exchange, and the long-term competitiveness of Taiwan’s financial industry.