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๐Ÿ‡น๐Ÿ‡ผ Taiwan /Economy & Trade

Taiwan's financial sector posts record profits, eyes historic annual high

From Liberty Times · () Chinese

Translated from Chinese, summarized and contextualized by DistantNews.

At a glance

News Official statement New plan
  • Taiwan's financial sector reported record pre-tax profits of NT$756.9 billion in the first five months of 2026.
  • This figure represents a 225.18% increase year-on-year and surpasses the total profits for the same period in previous years.
  • Analysts predict the sector could exceed NT$1.5 trillion for the full year, setting a new historical record.

Taiwan's financial sector is experiencing a profit surge, with combined pre-tax earnings reaching a record NT$756.9 billion in the first five months of 2026. This figure marks a significant year-on-year increase of 225.18%, or NT$524.155 billion, compared to the same period in 2025. The current earnings already represent 71.49% of the NT$1.0586 trillion earned in the entire year of 2024. Industry insiders are optimistic that if current momentum continues, the sector could potentially surpass NT$1.5 trillion for the full year, establishing a new all-time high. Banking, securities, futures, and insurance industries are all contributing to this robust performance. The banking sector reported pre-tax profits of NT$327.93 billion, a 35.8% increase, driven by loan growth, overseas interest rate adjustments, and improved financial market conditions. Domestic banks contributed nearly 90% of this amount. The securities, futures, and investment trust industries saw a remarkable 283.25% increase, reaching NT$156.5 billion, largely due to a strong stock market performance. The insurance sector, comprising property and casualty insurers and life insurers, collectively earned NT$272.5 billion, a significant turnaround from a loss in the previous year. Life insurers benefited from rising stock markets, while non-life insurers saw a 114.75% increase in profits.

Financial three industries' profits have exploded! The first five months earned 756.9 billion, and the full year is expected to set the highest record in history.

โ€” Headline translationSummarizing the article's main point.
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Originally published by Liberty Times in Chinese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.