Taiwan

Taiwan banks upbeat with new China ties

Taiwan banks upbeat with new China ties

Banking ties with China may boost Taiwan's banks this year amid an overcrowded home market and a global economic environment that could reduce their profits.

Hua Nan Bank seeks to acquire Chinese Banks

The Taiwanese lender is keen on the move after signing cooperation pacts with Mainland banks.

Cathay United Bank strikes deal with China Development Bank

Part of the MOU is to further efforts to carry out personnel training to further boost business exchanges between lenders.

Chinatrust takes over Metlife Taiwan Insurance

All existing employees of MetLife Taiwan will be retained and CFHC will maintain employee's salary and welfare policies for the next two years.

First Commercial Bank and China Construction Bank strike deal

The Taiwanese lender has already opened a branch in Shanghai and a financial leasing company in Suzhou.

Bank Of East Asia Taiwan inaugurates CNY services

Financial Supervisory Commission of Taiwan granted approval of operations.

Taiwan’s government-linked banks to expand domestic banking operations

The move to prepare Taiwan lenders to weather possible economic downturn due to US and Europe crises.

Fitch gives Mega ICBC an A-

The bank’s earnings are expected to remain robust until 2012, underpinned by a gradual widening of net interest margins.

Cathay United Bank and Bank of China strike cooperation deal

The Taiwanese bank to work with what it considers the most internationalized bank on the Mainland.

China banks may get license to operate in Taiwan in Q12012

Chinese lenders’ focus on corporate banking poses a threat to its Taiwanese counterparts in competing for patronage from Taiwanese enterprises.

Mega ICBC opens in Cambodia

Taiwan's  Mega International Commercial Bank opened its first branch in Cambodia to attract more Taiwanese investors in the kingdom.

Chang Hwa Bank maintains pace in China expansion

The lender also eyes setting up branch in Phnom Penh.

DBS launches new savings plan for US and Australian dollars

Customers may get a rate of 1.68% for the US dollar plan and 6% for the Australian dollar.

Taiwan banks’ US$9.67bn 2011 SME loans above target

SME loans have increased by US$53.33bn as of July 2011 since July 2005.

ANZ names Monica Chang loans syndication director

Chang is tasked to help the bank cover the Taiwanese market in greater depth.

Taiwan urges lenders to boost China presence

Only six Taiwanese banks have ventured to open a branch in China after restrictions were relaxed.

Chang Hwa Bank inks deals with 2 China lenders

Tie up with Bank of China and Bank of Communications furthers lender’s expansion in the country.