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.