Taiwan's Mega Financial aims for "stable growth" in 2017 -president

Mega Financial Holding Co

18/02/2017 05:58

TAIPEI, Feb 18 (Reuters) - Mega Financial Holding  2886.TW , 
Taiwan's biggest state-run financial holding firm for overseas 
business, is aiming for   "stable growth" in 2017 from the 
T$22.4 billion($727 million) it reported last year, its 
president said on Saturday. 
     "Our growth is in line with Taiwan's growth," President 
Bruce Yang told Reuters on the sidelines of a business event. 
"However, there is a lot of uncertainty globally," he said, such 
as worries over the protectionist policies of U.S. President  
Donald Trump. 
     Mega's earnings were hit hard in 2016, with its New York 
banking operation fined $180 million for money laundering 
violations in the United States.  urn:newsml:reuters.com:*:nL3N1BC1PZ 
 
 (Reporting by Faith Hung) 
 ((faith.hung@thomsonreuters.com; 8862 2500 4893; Reuters 
Messaging: faith.hung.thomsonreuters.com@reuters.net)) 
 
Keywords: MEGA OUTLOOK