Taipei, March 30 (CNA) LINE Bank, one of the three web-only banks in Taiwan, is planning to raise its capital size to strengthen its capital structure after reporting a loss of about NT$2.2 billion after less than one year of full operations, according to the Financial Supervisory Commission (FSC).
Taipei, March 29 (CNA) Next Bank, owned by a consortium of commercial and financial interests led by Chunghwa Telecom, began full operations Tuesday, bringing the number of internet-only banks in Taiwan to three.
Taipei, Dec. 22 (CNA) The Financial Supervisory Commission (FSC), Taiwan's top financial regulator, will allow Internet-only insurance companies to operate while imposing a minimum capital requirement of NT$1 billion (US$35.97 million).