Fitch Publishes Taiwanese Banks Report Card

Mega Financial Holding Co

08/09/2016 08:36

(The following statement was released by the rating agency)

Link to Fitch Ratings' Report: Taiwan Banks Report Card

https://www.fitchratings.com/site/re/887083

TAIPEI, September 08 (Fitch) Fitch Ratings has published its 1H16 "Taiwanese 
Banks Report Card" which compares the performance and risk profile of selected 
banks in Taiwan. Weak domestic economic activities and China's slowdown 
continued to take a toll on the growth, earnings and loan quality of Taiwanese 
banks. That said, Fitch's outlook on banks' ratings remains largely stable, as 
we view downside risks as generally manageable - considering their enhanced and 
adequate risk-buffer, modest leverage and healthy liquidity.

The report is available to subscribers by clicking the link above or at 
www.fitchratings.com.

Contact: 

Cherry Huang, CFA

Director

Financial Institutions

+886 2 8175 7603 

Fitch Australia Pty Ltd, Taiwan Branch 

Suite 1306, 13F, 205, Tun Hwa N. Rd., Taipei

Jonathan Lee

Senior Director

Financial Institutions

+886 8175 7601

Media Relations: Leslie Tan, Singapore, Tel: +65 67 96 7234, Email: 
leslie.tan@fitchratings.com; Wai-Lun Wan, Hong Kong, Tel: +852 2263 9935, Email: 
wailun.wan@fitchratings.com.

Additional information is available on www.fitchratings.com

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Fitch Australia Pty Ltd holds an Australian financial services licence (AFS 
licence no. 337123) which authorises it to provide credit ratings to wholesale 
clients only. Credit ratings information published by Fitch is not intended to 
be used by persons who are retail clients within the meaning of the Corporations 
Act 2001