Are Taiwans Banks Weathering Global Financial Crisis Well?
Weak domestic demand for credit in recent years has helped Taiwan’s banks remain relatively stable amid the current financial crisis. Households have develeraged following the consumer lending crisis in mid 2000s and a large portion of manufacturers has moved to Mainland China to take the advantage of cheaper input costs. However, the profitability will continue to be under pressure due to dire outlook for both labor market and business environment, considering economic recovery might weaken after stimulus effects fade out.
Related Questions
- How did the global financial crisis affect the bilateral relations between Azerbaijan and Latvia, including the trade turnover between our countries?
- What is the impact of recent Global Financial Crisis on the Credit risk managemnt of banks in Pakistan?
- Are Taiwans Banks Weathering Global Financial Crisis Well?
