Leading Taiwanese banks are looking forward to renewed expansion of revenues and earnings in 2011 in the wake of the apparent strong rebound of the island nation's economy and its success in implementing internal risk controls in the wake of the global financial crisis.
Taiwan's economic performance in 2011 also promises to test the insistence by president Ma Ying-jeou's Kuomintang (of the Chinese Nationalist Party) that the Cross-Strait Economic Co-operation Framework Agreement (ECFA), signed between the Chinese and Taiwanese governments in Chongqing on June 29, 2010, will lead Taiwan into a "golden decade" of prosperity.
