Reported 8 months ago
Continuing to strengthen their financial structures, Taishin Financial Holding announced a cash increase of 7.3 billion NTD for Taishin Bank to enhance its capital structure, while Taishin Life is converting surplus into capital with stock dividends of nearly 2.98 billion NTD. Additionally, Nan Shan Life disclosed the issuance of 40.4 billion NTD subordinated bonds, with 10-year and 15-year maturities at 3.75% and 3.88% interest rates, respectively, to bolster their capital. These financial moves aim to boost capital adequacy and solidify the financial foundations of the organizations involved.
Source: YAHOO