Taiwan
Taiwanese financial institutions' loans hike 0.67% at end-May
Annual growth rate rose to 5.71% due to reduced bank claims.
Taiwanese financial institutions' loans hike 0.67% at end-May
Annual growth rate rose to 5.71% due to reduced bank claims.
Taiwan's central bank to stabilise forex after US rate cut: report
The US made its first emergency cut since 2009 as COVID-19 continues to spread.
Taiwan banks will manage the impact of COVID-19 oubtreak: Fitch
But they will experience stress from SME and personal loans.
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.
Credit card spend in Taiwan hits $10.42b in June
The tax season drove monthly gains.
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 struggle with muted profit outlook
ROAA from 2016-2018 stood at 0.6%.
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' yuan deposits hit 56-month low in January
It fell to $43.13b.
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