TaiwanÆs ICBC weighs offshore investment

The bank is considering how to adapt to changing interest rates.

International Commercial Bank of China in Taiwan is considering a modest increase in its treasury's investment in domestic and foreign equities, says Beth Wei Meei-yeh, senior executive vice president and general manager of the treasury department.

The bank's assets are above NT$1 trillion $29 billion, half in the form of loans 30% in New Taiwan dollars and 20% in dollars and the rest in securities 10-20% and time deposits 30-40%.

Investments in bonds...

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