Taiwan Glass Industrial raised $100 million on Monday from a five-year convertible bond, even as European stocks fell 2% amid fears of a conflict between Russia and Ukraine in Crimea. Investors pushed a hard bargain given the uncertain ...
Tags: Modern Commercial Buildings, Glass
Chih Lien Industrial, one of the major manufacturers in steel bars and wires in Taiwan said that the company has completed its three-year syndication loan by NT$710 million from several Taiwanese banks. The company said that it will ...
Tags: Chih Lien Industrial, steel bars, wires, Taiwan
Taipei,Oct.11,2012(CENS)--Five domestic financial institutions will set up offices in mainland China or buy into mainland Chinese banks next year,according the projection of the Financial Supervision Commission(FSC)in its budget for 2013. ...
Tags: Taipei, domestic financial institutions, FSC
Taipei,Oct.8,2012(CENS)--The global financial tsunami has shifted the worlda's financial center from Europe and the United States to Asia,hence motivating the Taiwanese government to encourage Taiwanese banks to explore the Asian market,as ...
Tags: Taipei, the global financial tsunami, Financial Supervisory Commission
The offshore banking units (OBU) and overseas branches have become an increasingly important source of profits for Taiwanese banks, due to expanded loans and higher interest spread. Thanks to spike in U.S.-dollar loans for mainland Chinese ...
Tags: Mega Banks, OBU
Taiwan may be able to establish RQFII (renminbi qualified foreign institutional investor) mechanism, similar to Hong Kong, thereby facilitating the flowing back of renminbi to mainland China, which is critical for Taiwan to develop into a ...
Tags: Taiwan, RQFII Mechanism
Taipei, Nov. 20, 2012 (CENS)--SinoPac Financial Holding Co., a private financial holding company in Taiwan, recently opened a bank branch in Kinmen, an offshore island of Taiwan, and a leasing branch in Xiamen, Fujian Province, China. ...
Tags: Sinopac Fhc, cross strait operation, finance, Taiwan
Taipei, Nov. 19, 2012 (CENS)--The offshore banking units (OBUs) and overseas branches of domestic banks are expected to contribute over 30% of domestic banks’ profits this year, a new high in the wake of the global financial tsunami. ...
Tags: Taipei, overseas business, Taiwan business, FSC
Taipei,Oct.15,2012--The implementation of the third-round quantitative easing(QE3)policy in the U.S.has prompted the mainland Chinese branches of Taiwanese banks to change their profit-making strategy,as interbank U.S.-dollar deposit ...
Taipei,Oct.12,2012--Premier Sean Chen expressed yesterday(Oct.11)that the government will greatly lift the restrictions on foreign investments in Taiwanese industries not only in the manufacturing sector but also in the financial-service ...
Tags: Taipei, stock market, financial
Taipei,Sept.24,2012(CENS)--Fubon Financial Holding may win out in the scramble among Taiwanese financial holdings for Taiwanese-invested First Sino Bank in mainland China.Fubon Financial Holding may be able to acquire over 50%stake in First ...
Starting November 1,domestic designated banking units(DBUs)will initiate renminbi-related businesses comprehensively,announced the Financial Supervisory Commission(FSC)yesterday(Sept.19). As a result,local people will be able to deposit ...
Tags: RMB business, DBUs, domestic banks, Taiwan, economic policy
Taipei,Sept.17,2012(CENS)--In order to expand the scale of investments and credit extension by Taiwanese banks in mainland China,the Financial Supervisory Commission(FSC)plans to exclude a number of business items from the scope of the ...
Tags: Fsc, Taiwanese Banks in China, Investments and Credit Extension
Thanks to mainland China's recent relaxation of the conditions for QFIIs(qualified foreign institutional investors),some Taiwanese banks will be able to obtain QFII status for directly investing in mainland Chinese stocks or accepting the ...
Tags: Taiwanese Banks, Chinese Stocks, QFII
Taipei,Sept.7,2012--The Financial Supervisory Commission(FSC)and the China Banking Regulatory Commission(CBRC)will sign memorandum of cooperation for"offshore discretionary-account wealth-management operation,"allowing China's banking ...
Tags: FSC, CBRC, QFII, cross-Taiwan Strait, stock, investment