Alexa
  • Directory of Taiwan

Domestic bank earnings exceed NT$200 billion

Domestic bank earnings exceed NT$200 billion

Taipei, Oct. 5 (CNA) The combined pre-tax earnings of Taiwan's domestic banks had reached NT$234.4 billion (US$7.7 billion) as of the end of August, according to the Financial Supervisory Commission (FSC). The figure represented a 28 percent increase from the NT$183 billion recorded in the same period of last year, the FSC said. FSC Chairman Tseng Ming-chung said domestic banks have made good profits this year from extensive real estate loans. He estimated that the combined earnings of Taiwan's domestic banks could exceed NT$300 billion for the whole year.
(By Wu Ching-chun and Christie Chen)


Updated : 2021-10-26 09:00 GMT+08:00