Focus Taiwan
Date: 2018/07/24
By: Tsai Yi-chu and Frances Huang 

Taipei, July 24 (CNA) CTBC Bank, the flagship banking entity of CTBC Financial Holding Co., took first place in the latest competitiveness rankings for the local banking sector for 2017, the organizers said Tuesday.

The competitiveness rankings for 2017 were released by the Center for the Study of Banking & Finance (CSBF) under National Taiwan University and the Banking Education Association of Taiwan (BEAT).

CTBC Bank scored 87.81 points, higher than any other bank registered in Taiwan, in the competitiveness evaluation, ahead of King’s Town Bank (86.35 points) and E. Sun Commercial Bank (85.55 points).

In a news conference, Hwang Dar-yeh (黃達業), honorary chairman of the CSBF, said the evaluation, which covered all 38 Taiwanese banks, looked into not only their financial strength but also non-financial factors such as management views of development strategies and expansion overseas.
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