Holdings of Tier 1 capital at the four largest banks in Taiwan have risen markedly over the past few years, following shifts in regulatory requirements by the country’s Financial Supervisory Commission to meet Basel III capital rules.
Bank of Taiwan, the largest lender in the country by assets, saw its Tier 1 capital increase 17% year-on-year to reach $10.1bn in 2020 from $8.6bn in 2019, according to The Banker Database.
The bank’s holdings of Tier 1 rose 66% between 2016 and 2020, although it did dip slightly between 2017 and 2018 before rising sharply (48%) between 2018 and 2020.
CTBC Bank, the second-largest bank in Taiwan by assets, saw its holdings of Tier 1 rise 7% to $10.9bn in 2020 from $10.3bn in 2019. The bank’s holdings of core capital increased 32% between 2016 to 2020.
Taiwan Co-operative Bank, the third-largest lender by the same metric, saw its Tier 1 capital increase 53% between 2016 and 2020 to $8.4bn, while Mega International Commercial Bank, the fourth-largest bank, saw its holdings of core capital rise 25% to $9.7bn during the same period.
Trends identified using The Banker Database, an online database providing comprehensive financial data and insight for 4000 of the world's leading banks in 190 countries. Contact us.
