Taiwan
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.
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.
GRG Banking launches cash automation solution in Taiwan
It’s the first Intelligent Cash Automation Solution order from Asia Pacific region to implement P2801L AutoDepot at RT Mart Taiwan.
Fubon spots overseas investment opportunities
Despite weakening credit profile, the company to direct more funds into foreign investments with fixed incomes.
First Commercial Bank mulls launching branch in Chengdu
The lender applied for a second branch in China with its Shanghai operations earning US$500,000.
12 Taiwanese domestic banks eye $333.33mn profit
Only six local lenders made it to the NT$10 billion (US$333.33mn) club last year.
Mega Financial mulls Southeast Asia expansion
The lender has added capital of its HCM City branch by US$75mn, contributing about 25% of total income from all overseas branches.
Taiwan Cooperative Bank and BoComm ink pact
TCB and BoComm to work hand-in-hand to provide banking services as the former sets its sight on the Chinese banking market.
Hua Nan Financial mulls setting up China leasing company
The lender seen to use its affiliate Hau Nan Bank to form a leasing firm to immediately engage in CNY-based businesses in the Mainland.
Taiwan gives nod to sell AIG life unit
Taiwan’s regulator approved Ruenchen $2.16bn bid for AIG the unit after rejecting 11 months ago.
Moody’s optimistic M&As beneficial to Taiwan’s banking sector
Yet mergers of key players might be postponed due to the coming presidential elections.
Taiwanese financial companies post profit surge
Experts believe trend to continue amidst the possible signing of an insurance trade pact between Taiwan and China and Taiwan’s 2012 presidential elections.
ABC teams up with Taiwan Cooperative Bank
ABC and Taiwan Cooperative Bank will enter into comprehensive cooperation in corporate banking, investment banking, treasury operations, trade finance, custody business, risk management, information exchange and personnel training.
ABC, Cathay United Bank sign cooperation agreement
ABC has signed a memorandum of understanding with Cathay United Bank to enter into broad cooperation in several areas.
Fed gives Bank of Taiwan nod to open New York branch
The lender cleared to hold financing, syndicated lending, purchasing and holding securities, remittances and foreign-exchange trading services in the US city.
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