Taiwan

Bank of Taiwan braces for clearing bank role

Bank of Taiwan is working to get the central bank's permission to become a clearing bank under the cross-strait currency clearing system.

Industrial Bank of Taiwan to open leasing outlet in Tianjin

Industrial Bank of Taiwan is planning to open a financial leasing outlet for small-and medium-sized enterprises in Tianjin within the year.

Taiwanese banks prepare more mainland expansion

Taiwanese banks are expanding their in the mainland with two opening branches in the last two weeks and another one on the way.

Taiwan sees more business for its banks in China

China should facilitate the entry of more foreign banks into its restricted banking sector.

Taiwanese banks headed for profitability in Cambodia

One of one of the largest commercial banks in Taiwan continues its expansion in Southeast Asia.

Taiwan’s top financial firm to invest US$1.3 billion in China

Cathay Financial Holdings intends to invest up to US$1.3 billion to acquire mainland Chinese banks or build partnerships in China.

Taiwanese banks see more business on the Mainland

Talks between Taiwan and China later this month are expected to see more Taiwan banks open branches on the mainland.

Taiwan's banks cheating customers in interests: legislator

Delayed accounting of deposits allowed Taiwan's banks to cheat customers of over NT$13 million or US$434,000 in annual interests.

Potential buyers back out of Ta Chong Bank sale

Shares of Ta Chong Bank plunged after potential buyers of the bank had walked away from a possible acquisition.

Vietinbank to conclude 20% stake sale in Q4

VietinBank will conclude a 20% stake sale to a foreign strategic partner in in the fourth quarter.

Taiwan's Cathay Financial posts Q1 net profit of $67M

Cathay Financial reported a first-quarter net profit of NT$1.97 billion or US$67 million, and earnings per share of NT$0.19.

Taiwanese banks' key profitability indicators

Taiwanese banks’ net interest margins are unlikely to improve in the next 2 years, says Standard & Poor's.

Bank of Taiwan to open Shanghai branch

It’s another advance for cross-strait banking.

The Mainland finally branches into Taiwan

Two of China’s top five banks are to establish branches on Taiwan, becoming the first Mainland lenders to bank on the island.

Mainland Chinese banks gear up to invest in Taiwan banks

But the question is, who will be the first to do so?

Taiwan's Cathay Fin buys stake in Taishin from Newbridge

Cathay Financial has bought a 3.45 percent stake in Taishin Financial for T$4.7 billion or $155 million from private equity fund Newbridge Capital.