Taiwan

Taiwanese banks see more business on the Mainland

Talks between Taiwan and China later this month are expected to see more Taiwan banks open branches on the mainland.

Taiwanese banks see more business on the Mainland

Talks between Taiwan and China later this month are expected to see more Taiwan banks open branches on the mainland.

Taiwan's banks cheating customers in interests: legislator

Delayed accounting of deposits allowed Taiwan's banks to cheat customers of over NT$13 million or US$434,000 in annual interests.

Potential buyers back out of Ta Chong Bank sale

Shares of Ta Chong Bank plunged after potential buyers of the bank had walked away from a possible acquisition.

Vietinbank to conclude 20% stake sale in Q4

VietinBank will conclude a 20% stake sale to a foreign strategic partner in in the fourth quarter.

Taiwan's Cathay Financial posts Q1 net profit of $67M

Cathay Financial reported a first-quarter net profit of NT$1.97 billion or US$67 million, and earnings per share of NT$0.19.

Taiwanese banks' key profitability indicators

Taiwanese banks’ net interest margins are unlikely to improve in the next 2 years, says Standard & Poor's.

Bank of Taiwan to open Shanghai branch

It’s another advance for cross-strait banking.

The Mainland finally branches into Taiwan

Two of China’s top five banks are to establish branches on Taiwan, becoming the first Mainland lenders to bank on the island.

Mainland Chinese banks gear up to invest in Taiwan banks

But the question is, who will be the first to do so?

Taiwan's Cathay Fin buys stake in Taishin from Newbridge

Cathay Financial has bought a 3.45 percent stake in Taishin Financial for T$4.7 billion or $155 million from private equity fund Newbridge Capital.

Taiwan banks upbeat with new China ties

Banking ties with China may boost Taiwan's banks this year amid an overcrowded home market and a global economic environment that could reduce their profits.

Hua Nan Bank seeks to acquire Chinese Banks

The Taiwanese lender is keen on the move after signing cooperation pacts with Mainland banks.

Cathay United Bank strikes deal with China Development Bank

Part of the MOU is to further efforts to carry out personnel training to further boost business exchanges between lenders.

Chinatrust takes over Metlife Taiwan Insurance

All existing employees of MetLife Taiwan will be retained and CFHC will maintain employee's salary and welfare policies for the next two years.

First Commercial Bank and China Construction Bank strike deal

The Taiwanese lender has already opened a branch in Shanghai and a financial leasing company in Suzhou.

Bank Of East Asia Taiwan inaugurates CNY services

Financial Supervisory Commission of Taiwan granted approval of operations.

Taiwan’s government-linked banks to expand domestic banking operations

The move to prepare Taiwan lenders to weather possible economic downturn due to US and Europe crises.