Taiwan

Here are the key challenges for the new authority of finance in Taiwan

Head of Financial Supervisory Commission in Taiwan has been replaced in July. In his inauguration speech, Mr. Tseng M.J. pointed out that cross boarder business development will be his priority for upgrading Taiwanese financial institutions.

CTBC Financial to buy Tokyo Star Bank

Tokyo Star will be first Japanese lender acquired by a foreign bank.

Renminbi-denominated deposits in Taiwan fall in June

First monthly drop since OBU scheme began July 2011.

Chinatrust Commercial Bank changes English name

Is now known as CTBC Financial Holding Company.

Taiwan banks could issue renminbi loans in Xiamen

China intends to boost renminbi flows between Xiamen and Taiwan.

Taiwan, China agree to beef-up banking management pool

Sign a cooperation agreement on cultivating and training financial talent.

Taiwan boosts position as offshore renminbi hub

Deutsche Bank becomes first foreign bank to raise renminbi in Taiwan.

Taiwan identifies top state-owned banks

First Commercial Bank is ranked first.

What you must know about financial reforms in Taiwan

Financial reform is part of political reform and looks like to be a continuous effort of Taiwanese government. However, the idea disclosed by its Finance Minister on the local newspaper recently encouraging a kind of "public to public banks merge" seems debatable.

Taiwan’s FSC concerned about new business tax

Says it would cut weak profits in an unfavorable economic environment.

Exploring financial accessibility for SMEs

According to ADB's recent news release showing that a gap of some USD 425 billion between importers and exporters among developing countries is to be facilitated in 2011.

Taiwan becoming a local hub for RMB settlement and trading

Two days before the Singapore's announcement, financial institutions in Taiwan formally launched their RMB business after signing currency clearing agreements with Bank of China's Taipei branch.

Direct bank trading of renminbi and Australian dollar imminent

Test run of direct trading at banks currently ongoing.

China-Taiwan banking consultations continue

China said talks with Taiwan should produce “good results”.