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.