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2812 - Taichung Commercial Bank Co News Story

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Sector
Financials
Size
Mid Cap
Market Cap £1.15bn
Enterprise Value £1.04bn
Revenue £314.2m
Position in Universe 651st / 5978

Fitch Publishes Taiwanese Banks Report Card

Thu 8th September, 2016 8:36am
(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

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. 
PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: 
HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING 
DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S 
FREE WEB SITE AT WWW.FITCHRATINGS.COM. PUBLISHED RATINGS, CRITERIA, AND 
METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF 
CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE, 
AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE CODE OF 
CONDUCT SECTION OF THIS SITE. FITCH MAY HAVE PROVIDED ANOTHER PERMISSIBLE 
SERVICE TO THE RATED ENTITY OR ITS RELATED THIRD PARTIES. DETAILS OF THIS 
SERVICE FOR RATINGS FOR WHICH THE LEAD ANALYST IS BASED IN AN EU-REGISTERED 
ENTITY CAN BE FOUND ON THE ENTITY SUMMARY PAGE FOR THIS ISSUER ON THE FITCH 
WEBSITE. 

 

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
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