Taiwan
Bank of Taiwan's profit plan: increase risky loans
It has lost money for two straight months this year, yet Bank of Taiwan plans to start making money by increasing loans at higher interest rates to clients "prone to credit risk". It failed in America, but perhaps Taiwan is different?
Bank of Taiwan's profit plan: increase risky loans
It has lost money for two straight months this year, yet Bank of Taiwan plans to start making money by increasing loans at higher interest rates to clients "prone to credit risk". It failed in America, but perhaps Taiwan is different?
Chinatrust falls flat in wealth management
Q. The Taiwanese banking sector has experienced huge problems in its NII and profit margins in the past, so how will banks like Chinatrust consolidate their positions in the future?The Taiwanese banking sector has experienced squeezed NII and profit margins during the past 5 to 10 years due to fierce domestic competition, over-liquidity and major industry turmoil including the corporate crisis of 2001 and the cash card and credit card crisis of 2005/06. The performances of Taiwanese banks have been volatile during this period with little growth in scale. Banking consolidations received strong industry and social resistance during the past few years and after the washouts of the two financial turmoils, second-tier private banks with low scale and profitability were gradually merged by global financial institutions such as Citi, ABN Amro, HSBC and Standard Chartered Bank during 2007. We expect the financial industry to consolidate its position even further for better development and performance.
Thought Leadership Centre
Most Read
1. OCBC taps Citi alt chief executive to lead Hong Kong consumer and wealth businesses 2. Morgan Stanley opens Southeast Asia headquarters in Singapore 3. Southeast Asia’s digital banks – the road from good to great 4. Aleta Planet provides cross-border payments for China’s Jinnan 5. More tax perks could drive Philippine SMEs to go ‘green’Resource Center
Event News
Event News
Principled AI key to transformation of financial services
Information Technology
Companies must be transparent and fair to maintain trust and mitigate reputational risks.
Information Technology
Principled AI key to transformation of financial services
Companies must be transparent and fair to maintain trust and mitigate reputational risks.
Videos
Partner Sites
Join the community
Commentary
Southeast Asia’s digital banks – the road from good to great
Reshaping fraud detection in Asian finance with knowledge graphs
Why is willful default a growing threat to Bangladesh’s financial stability?
Mobile Wallets are Southeast Asia’s Pathway to Financial Inclusion