Taiwan Banks

Taiwan tells Mega Financial to weigh merger with Chang Hwa Bank

A successful merger would have a combined net value of more than HK$26 billion, Taiwanese media said. Photo: Chang Hwa Bank website

Taiwan’s finance ministry has asked state-run Mega Financial to evaluate the possibility of merging with rival Chang Hwa Bank in what could be the biggest merger in the banking sector in more than a decade, local newspapers reported on Monday.

Monday, 25 November, 2013, 2:57pm