Reported about 1 year ago
Fubon Financial Holding's Taipei Fubon Bank has been actively responding to the government's New Southbound Policy, with its credit balance growing positively for three consecutive years since 2021, exceeding 15% annually. By the end of 2023, the credit balance exceeded billions of New Taiwan Dollars, especially with strong growth momentum in India, Australia, and Singapore. The bank predicts the continued growth of New Southbound credit this year, driven by the global supply chain restructuring, increased investment focus on Southeast Asia, and opportunities in countries like Vietnam, India, and Australia.
Source: YAHOO