CTBC Bank (中國信託銀行) was ranked the world’s 128th most valuable bank in the Brand Finance Banking 500 report this year, the ninth time the bank was listed as the highest-rated Taiwanese financial institution in the brand valuation consultancy’s listing.
According to the report — created jointly by the consultancy and The Banker magazine, both of which are based in the UK — CTBC Bank has a brand value of US$2.112 million, which advanced its placement in the listing by 13 places from last year.
The report also listed CTBC Bank’s brand strength index as the 41st highest globally, up 58 ranks from the bank’s placement the previous year.
Regarded as the industry’s most authoritative report of its kind, the Brand Finance Banking 500 report gauges the brand value of the world’s financial institutions through quantitative and qualitative metrics, including brand strength, brand royalty rate and revenue forecasts.
CTBC Bank’s 28 percent year-on-year increase in brand value is due largely to a stable financial performance that contributed to steady growth, while the bank’s brand strength index score of 83 reflected its “AAA-” credit rating, the report said.
CTBC Bank is Taiwan’s only financial institution to be included in the report’s top 50 ranking for brand strength.
Photo courtesy of CTBC Bank Co
The bank’s brand royalty rating — a gauge of its value and influence on profits — rose to 3.7 percent, representing a 0.4 percentage point increase over last year, which suggests sound performance in operational effectiveness, financial services and client satisfaction.
CTBC Bank is the Taiwanese financial institution with the furthest international reach and has a strong presence throughout Southeast Asia.
It operates branches in Singapore, India and Vietnam, subsidiaries in Indonesia and the Philippines, offices in Malaysia and Myanmar, and since 2020 has been the largest shareholder of the Thailand-based LH Financial Group.
Demonstrating its status as a regionally significant financial institution, CTBC Bank participates in the government’s New Southbound Policy, conducting a wide range of overseas operations to facilitate Taiwanese investments there.
Last year, CTBC Bank won 290 domestic and international awards including all seven of the Taiwan Banking and Best Practice Awards, 41 Asia Pacific and global awards, its seventh Best Taiwan Global Brands award and its eighth World Branding Forum Brand of the Year award, the sole Taiwanese financial institution to hold that distinction.
Additionally, CTBC Bank is the only Domestic Systemically Important Bank to exceed all three capital requirement metrics for 2025 and its “A1” rating from Moody’s shows the bank to be the most robust financial institution in the nation.
Taiwan’s exports soared 56 percent year-on-year to an all-time high of US$64.05 billion last month, propelled by surging global demand for artificial intelligence (AI), high-performance computing and cloud service infrastructure, the Ministry of Finance said yesterday. Department of Statistics Director-General Beatrice Tsai (蔡美娜) called the figure an unexpected upside surprise, citing a wave of technology orders from overseas customers alongside the usual year-end shopping season for technology products. Growth is likely to remain strong this month, she said, projecting a 40 percent to 45 percent expansion on an annual basis. The outperformance could prompt the Directorate-General of Budget, Accounting and
Two Chinese chipmakers are attracting strong retail investor demand, buoyed by industry peer Moore Threads Technology Co’s (摩爾線程) stellar debut. The retail portion of MetaX Integrated Circuits (Shanghai) Co’s (上海沐曦) upcoming initial public offering (IPO) was 2,986 times oversubscribed on Friday, according to a filing. Meanwhile, Beijing Onmicro Electronics Co (北京昂瑞微), which makes radio frequency chips, was 2,899 times oversubscribed on Friday, its filing showed. The bids coincided with Moore Threads’ trading debut, which surged 425 percent on Friday after raising 8 billion yuan (US$1.13 billion) on bets that the company could emerge as a viable local competitor to Nvidia
BARRIERS: Gudeng’s chairman said it was unlikely that the US could replicate Taiwan’s science parks in Arizona, given its strict immigration policies and cultural differences Gudeng Precision Industrial Co (家登), which supplies wafer pods to the world’s major semiconductor firms, yesterday said it is in no rush to set up production in the US due to high costs. The company supplies its customers through a warehouse in Arizona jointly operated by TSS Holdings Ltd (德鑫控股), a joint holding of Gudeng and 17 Taiwanese firms in the semiconductor supply chain, including specialty plastic compounds producer Nytex Composites Co (耐特) and automated material handling system supplier Symtek Automation Asia Co (迅得). While the company has long been exploring the feasibility of setting up production in the US to address
OPTION: Uber said it could provide higher pay for batch trips, if incentives for batching is not removed entirely, as the latter would force it to pass on the costs to consumers Uber Technologies Inc yesterday warned that proposed restrictions on batching orders and minimum wages could prompt a NT$20 delivery fee increase in Taiwan, as lower efficiency would drive up costs. Uber CEO Dara Khosrowshahi made the remarks yesterday during his visit to Taiwan. He is on a multileg trip to the region, which includes stops in South Korea and Japan. His visit coincided the release last month of the Ministry of Labor’s draft bill on the delivery sector, which aims to safeguard delivery workers’ rights and improve their welfare. The ministry set the minimum pay for local food delivery drivers at
RSS