Awards: Why CTBC, Citi continue to shine in Taiwan

We are setting out the rationale for the choices made in our Country Awards. In Taiwan, there were clear winners in the local and international categories.

In May, FinanceAsia named the winners of its annual Country Awards for Achievement. On June 27 we presented the awards at our annual awards dinner in Hong Kong. Today, we present the rationale for our decisions to celebrate the best in banking in Taiwan.

Best Bank CTBC Bank

For the fifth consecutive year CTBC Bank is a winner in this category as the lender’s operational figures continue to improve despite multiple headwinds in the banking industry.

It remains Taiwan’s biggest bank by revenue after posting a 7% improvement in top-line growth last year and a 27% rise to NT$36.6...

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