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Best Taiwanese Trade Bank

03 August 2010

Champion in tough times

Winner: Mega BankHighly commended: Chinatrust Commercial BankTaiwan experienced its severest recession on record yet Mega Bank still reported a pretax profit of TWD13.13 billion ($409 million), a notable upsurge of 124 from the year before, championing it among all the domestic banks in Taiwan, and allowing it to beat Chang Hwa Bank to win this year. Realising the significance of trade finance risk management, the bank adjusted and upgraded its credit assessment technique in...


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