Taiwan

That's in domestic and offshore banking units.

When I was requested for comment about the government deficit of Taiwan recently, I told my friends that instead of government deficit, they should focus on the debt ceiling which limits the borrowing capacity of the government. It is because that deficit needs to be balanced by borrowing eventually.

It’s expanding beyond Taiwan.

It has 22 branches, outlets in Taipei, New Taipei City.

Is a faster and more efficient way of processing RMB.

How will banks benefit from it?

CTBC continues expansion into Japan.

The issue of currency depreciation has been discussing in Taiwan for a long time.This is because Korea has successfully depreciated Won assisting export to overtake Taiwan a few years ago.Why can't Taiwan Dollar (TWD) be depreciated in line with Korean Won?

Recognizes globalization of the renminbi.

The percentage is ahead of Asia Pacific’s other offshore RMB hubs.

Will not lose banking business to the FTZ.

Government easing investment regulations.

Agreement signed with ShinGinko Tokyo Ltd.

Will credit profiles be affected?

Taiwanese banks' level is low compared to peers.

Penalty was for accidentally leaking personal information.