Focus Taiwan
Date: 2016/08/18
By: Tsai Yi-chu and Y.F. Low
Taipei, Aug. 18 (CNA) Taiwanese banks generated NT$16.29 billion (US$518 million) in 
overseas profits in the first half of this year, with Southeast Asian markets seeing the most rapid growth, according to statistics released Thursday by the Financial Supervisory Commission (FSC).
Between January and June, Taiwanese banks made NT$4 billion in profits from Southeast Asian markets, reaching 74 percent of last year’s total of NT$5.39 billion, the FSC said.
During the same period, the banks obtained profits of NT$7.95 billion from other Asian markets excluding Southeast Asia, NT$3.88 billion from Americas and NT$760 million from Europe, the commission said.
Losses of NT$50 million, however, were incurred in the Chinese market. [FULL STORY]
