Taiwan

How Taishin Bank is aiming to dazzle Asia's ultra-rich

How Taishin Bank is aiming to dazzle Asia's ultra-rich

The bank aims to increase wealth management revenue and AUM by 8-10% annually through the strategic use of digital tools and branch interactions.

Internet-only banks threaten to wipe out Taiwanese bank earnings

Lenders already have margins that fall behind that of Hong Kong, China and South Korea.

Taiwanese banks' loan book hit $940.4b in May

Loans granted by local banks grew $357.6b in May YTD.

Taiwanese bank branches drop to eight-year low in May

Banks have yet to apply for an application to open a new branch since the start of the year.

Taiwan embraces facial recognition in online banking

Taishin Bank will utilise the technology for clients with iPhone X by Q3.

Taiwanese banks eye shorter banking hours as more clients opt for online banking

A number of branches by Taiwan Business Bank will close an hour-and-a-half minutes earlier.

Taiwan intensifies financial consultant oversight amidst theft reports

Fines for thefts committed by financial consultants since 2012 hit $2.78m.

Asset quality risks grow as Taiwanese banks grapple with China's slowdown

Delinquencies climbed in the overseas loans of cyclical sectors as well as loans to China and Southeast Asia.

Taiwanese banks' yuan deposits up to $42.34b in March

RMB deposits held by offshore banking units rose by $200m to $5.06b.

Standard Chartered Taiwan to inject $16.2m in upcoming web-only Line Bank

Line Bank will compete with web-only bank hopefuls as only two licences will be granted by Taiwan.

Citibank Taiwan unveils credit card with higher cashback

It offers up to 3% cash back for new customers.

Taiwanese banks clamp down on Chinese exposure in hunt for fatter margins

Mainland credit exposure has dropped since Q3 2018 and is likely to remain flat in 2019.

Bank of Taiwan unveils representative office in Manila

Its next target for expansion include Vietnam, Indonesia, and Malaysia.

Taiwanese banks' year-end loans receive boost from heated consumer spending

Housing loans rose for the 22nd straight month to $226.97b.