Share the article
twitter-iconcopy-link-iconprint-icon
share-icon
Best-performing banksSeptember 1 2009

Taiwanese banks hold steady

Although challenged by adverse economic conditions and increasing competition in the market, on the whole Taiwan's banks managed to record modest profit growth during 2008. Writer Charles Piggott
Share the article
twitter-iconcopy-link-iconprint-icon
share-icon

The Banker's Taiwanese bank ranking shows that despite a sluggish economy, low interest rates and a fiercely competitive market, the average Top 25 bank increased its Tier 1 capital by 22.4%.

Taiwan's two largest banks, Bank of Taiwan (ranked in first place) and Mega International Commercial Bank (second), saw little change in Tier 1 capital. Bank of Taiwan's Tier 1 capital dropped 2% in US dollar terms to $5.08bn and Mega International Commercial Bank increased its Tier 1 capital by 1.9% to $4.37bn.

To continue reading, join our community and benefit from

  • In-depth coverage across key markets
  • Comments from financial leaders and policymakers worldwide
  • Regional/country bank rankings and awards
Activate your free trial