Taiwan banks post record profits from New Southbound markets in 2025
Posted on 2026-04-25 14:27:13
The Financial Supervisory Commission says domestic banks earned a combined 25-point-67-billion NT from New Southbound Policy countries in 2025.
The figure is part of a broader record, with total overseas branch profits reaching 91-point-8-billion NT for the year, up 5-point-3 percent.
Taipei Fubon Bank says this year's growth in the region is being driven mainly by India, Australia, and Singapore, and is working to upgrade its Sydney office to a full branch while applying to open a branch in India's GIFT City.
Cathay United Bank says it follows a dual strategy of supporting Taiwanese businesses and building local presence, with a Mumbai branch application now under formal review in India.
C-T-B-C Bank, which has more than 120 locations across the region, is also expanding in Vietnam and India and recently opened its own GIFT City branch in March.
All three banks cited steady economic growth, supply chain shifts, and rising middle-class demand as key drivers of continued expansion in the New Southbound region.
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