trending Market Intelligence /marketintelligence/en/news-insights/trending/MI9-JgOsoewFHAjUxn7H1Q2 content esgSubNav
In This List

CTBC Financial unit to issue new shares

Blog

How Financial Institutions are Managing Exposure to U.S. Municipals

Blog

Top 100 Banks: Capital Ratios Show Resilience to the Pandemic

Blog

Banking Essentials Newsletter: October Edition

Blog

Insight Weekly Labor market recovery hurdles power market integration nonbank MA hunt


CTBC Financial unit to issue new shares

CTBC Financial Holding Co. Ltd. unit CTBC Securities Investment Service plans to raise NT$30 million by issuing new shares.

CTBC Securities Investment will issue 3 million shares to existing shareholders and employees, according to a Nov. 30 release.

Proceeds from the share issuance will be used to strengthen the company's capital structure and to develop business.

As of Nov. 30, US$1 was equivalent to NT$29.98.