Taiwan

Taiwan’s economy is built on small and medium-sized enterprises. More than 95% of the companies registered there are defined as SMEs. They can vary considerably in size and income, but the vast majority are family-owned. They are also E.Sun Bank’s primary focus under chief executive Joseph Huang.

Taipei Fubon Bank

E.Sun

E.Sun

Credit Suisse

CTBC Bank

CTBC Bank

Local firms have rapidly gone from being a reliable source of liquidity for dollar loans to taking a big step back from lending this year. The worst may be over, but cash is no longer king – caution is.

The bank has put international expansion at the centre of its strategy, and will not be deterred, despite a worsening trade war and the spread of the coronavirus.