trending Market Intelligence /marketintelligence/en/news-insights/trending/xbd6yej2ni13tlqccrgbzq2 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

In This List

Shin Kong Bank to issue NT$2.5B of debentures

Key Credit Risk Factors When Assessing Banks In The Context Of COVID-19

Street Talk Episode 61 - Investors debate if U.S. banks have enough capital in post COVID world

You Down With PPP? Consider The Risks

Street Talk Episode 60 - You Down With PPP? Consider The Risks


Shin Kong Bank to issue NT$2.5B of debentures

Taiwan Shin Kong Commercial Bank Co. Ltd., or Shin Kong Bank, plans to issue NT$2.50 billion of subordinated financial debentures.

The perpetual noncumulative subordinated debentures will be issued at a face value of NT$10 million per unit with a yearly coupon of 3.40%, according to a March 22 release.

The bank plans to use the proceeds from the issue to raise mid- to long-term capital and to strengthen its financial structure.

The debentures will be issued March 30.

Meanwhile, Lu Chang-Song resigned as chief information officer of Shin Kong Life Insurance Co. Ltd., effective March 22.

Shin Kong Bank and Shin Kong Life Insurance are units of Shin Kong Financial Holding Co. Ltd.

As of March 22, US$1 was equivalent to NT$29.19.