Taiwan Banks, No. 2 in Asia Dollar Loans, Discuss Libor End
Photographer: Chris Ratcliffe/Bloomberg
This article is for subscribers only.
Banks in Taiwan, along with the rest of the world, are preparing for the phasing out of the current benchmark interest rate for U.S. dollar lending.
It’s a bigger deal for them than for many, as they account for the second-biggest total in the Asia-Pacific region, by one count. The following shows the state of play of the situation for the three Taiwanese players.