Taiwan

GRGBanking installs 10 cash deposit machines in a mall in Taiwan

600 retailers and over 1,200 cashiers in the mall will be served.

GRGBanking installs 10 cash deposit machines in a mall in Taiwan

600 retailers and over 1,200 cashiers in the mall will be served.

Cross Strait settlements to improve

Selection of Renminbi settlement bank proceeding cautiously.

Cathay Financial's income down 18%

Down 18.34 percent from previous month.

Net income of Taiwan's Cathay Financial reaches $57.48M

Cathay Financial reported NT$1.69 billion (US$57.48 million) in net income in September, up 24.26 percent from the previous month.

Taiwan's Fubon earns $96M in August

Fubon Financial earned NT$2.84 billion or US$96.59 million in net income last month, significanlty increasing the NT$2.25 billion it earned in August.

DBS Board to meet in Taiwan for the first time

The meeting will bring together nearly 30 DBS board directors and top executives from key Asian markets.

Overcrowded market prompts Taiwanese Bank to close branches

With Taiwan's banking industry having become overcrowded, Taiwan Cooperative Financial Holding Co aims to shut at least five branches next year.

Taiwan's Cosmos Bank to raise funds via private placements

Cosmos Bank will slash its capital and then raise fresh funds through private placements to replenish capital eroded by losses.

Taiwan expands banking reach in SEA

Taiwan's Financial Supervisory Commission, the banking industry regulator, reports that Taiwan’s banks are expanding into Southeast Asia on a massive scale.

Taiwan's Fubon aims to acquire 51% of China-based Sino Bank

Taiwan’s Fubon Financial is seeking a 51 percent stake in China-based First Sino Bank for RM2.09 billion within the year.

Citibank ready for renminbi trading in Taiwan

Citibank Taiwan can immediately extend its renminbi-based products and services once Taiwan and China work out currency clearing and settlement rules.

Eurozone woes sap TAIEX

The TAIEX fell below the 7,700 point mark Wednesday as turnover shrank further amid lingering concerns over debt problems in the eurozone, dealers said.

Taiwan ranks 7th in RMB payments by value

With its jump from 57th place in 2011, could Taiwan be the next offshore RMB clearing centre?

Taiwan's bank home loans show big decline

New housing loans from five leading banks In Taiwan reached their lowest levels since February.

Taiwan to launch renminbi liberalization in November

Taiwan will begin its comprehensive renminbi-related businesses November 1 through authorized renminbi clearance banks.

Taiwan and China select clearing banks

Taiwan and China have taken the next decisive step towards minimizing the influence of the US dollar over their trade transactions.