trending Market Intelligence /marketintelligence/en/news-insights/trending/oh2zgxhhsxvfkwk6usdefa2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Taiwanese banks clarify reports on alleged fraudulent lending

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity

Street Talk Episode 70 - Banks' Liquidity Conundrum Could Fuel M&A Activity

StreetTalk – Episode 69: Banks left with pockets full of cash and few places to go

Street Talk – Episode 69: Banks left with pockets full of cash and few places to go


Taiwanese banks clarify reports on alleged fraudulent lending

Taiwan-based Mega International Commercial Bank Co. Ltd. and EnTie Commercial Bank Co. Ltd. separately clarified they do not have a relationship with Metropolitan Asset Management Corp., after media reports alleged the latter used falsified documents to obtain bank loans.

As the city's Liberty Times noted March 24, the reports, which appeared in a different publication, alleged Metropolitan AM used fake documents to borrow more than NT$100 million from banks including Mega International for hotel construction. As a result, the asset manager is being investigated by New Taipei City authorities.

Mega International, a subsidiary of Mega Financial Holdings Co. Ltd., said in a same-day release that the allegations were not based on factual information.

EnTie Commercial Bank said in a separate filing it does not have a lending relationship with Metropolitan AM, though the latter has business ties with one of EnTie Commercial Bank's lenders. The bank added there is no impact on its operations and finances as a result of the investigation.

As of March 23, US$1 was equivalent to NT$29.19.