Staff Reporter

The restructuring will only provide temporary relief, not solve the problem.

Bottom lines are expected to remain flat in the same year.

The bank’s app will be decommissioned by the end of 2022.

The bank struggled to raise enough funds to sustain its business.

Approximately 75% of keywords were related to activating a new credit card.

The loan will be used to increase financial inclusion and literacy.

Total operating income reached $900m for the first half of the year.

NPL in the country’s banking sector has peaked and will continue to decline.

The branch will undergo cleaning and disinfection.

This highlights the need to tighten regulatory oversight of escrow accounts, Fitch said.

A declining installed base in China is pushing down the numbers.

ANZ will continue to operate it as Suncorp Bank for five years.

Bellino’s prior career spans two decades with EY and Goldman Sachs.

The average frequency of credit card usage in the country grew 137.5 times in 2022.

The country signed a similar agreement with four other countries.

NPLs across the 39 domestic banks in the country totalled US$1.98b.   Taiwan banks’ average non-performing loans ratio stood at 0.16% in May, 0.05 percentage points lower than in the same month in 2021, according to data released by the Financial Supervisory Commission (FSC).   NPLs across the 39 domestic banks in Taiwan totalled US$1.98b (NT$57.58b), an increase of US$0.01b (NT$0.32b) from the $1.97b (NT$57.16b) as of end April.   Total outstanding loans across 39 domestic banks rose to $7.14b (NT$207.5b) during the same period.