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Banks’ combined pretax profits grow 76% By Kao Shih-ching / Staff reporter Local banks’ combined profit grew in March, for the first time since May last year, thanks to an increase in investment gains and interest income, data released by the Financial Supervisory Commission on Thursday showed. The banks’ combined pretax profits grew 76 percent year-on-year to NT$32 billion (US$1.15 billion) in March, ending 10 consecutive months of annual declines, the data showed. Banks recorded an annual increase of NT$14.25 billion in combined investment gains as financial markets boomed, while their net interest income rose by NT$1.4 billion, the data showed. A Financial Supervisory Commission sign is pictured in an undated photograph in New Taipei City. The commission reported on Thursday that local banks’ combined pretax profits grew 76 percent year-on-year to NT$32 billion (US$1.15 billion) in March, ending 10 consecutive months of annual declines.

T ai peiHong kongKelson wangA financial supervisory commissionFinancial supervisory commission onTaipei timesKao shih chingFinancial supervisory commissionNew taipeiடி ஐ பேய்ஹாங் காங்கெள்சொன் வாங்நிதி மேற்பார்வை தரகு ஆன்தைப்பே முறைகாவ் ஷிஹ் சிங்நிதி மேற்பார்வை தரகு