Tue, Jan 10, 2012 - Page 11 News List

Fubon Financial incurs losses of NT$1.69 billion

BRANCHING OUT:Hua Nan Bank remained profitable and is looking to operate yuan-denominated business in Shenzhen, and acquire a 20% stake in a Chinese peer

By Crystal Hsu  /  Staff Reporter

The bank also plans to acquire a 20 percent stake in a Chinese peer to expedite its expansion, a venture that should bear fruit this quarter, Lai said.

“The company is likely to unveil more details after the Lunar New Year,” he said.

This story has been viewed 4065 times.

Comments will be moderated. Remarks containing abusive and obscene language, personal attacks of any kind or promotion will be removed and the user banned.

TOP top