Taiwan's Syndicated Loans Hit 4-Year Low of US$25.1B. in 2013
2014/01/09 | By Judy LiTaiwan's syndicated loans market from January 1 to December 16 of 2013 reached US$25.091 billion, down 3% from 2012's US$25.769 billion to be a new low in four years, according to the statistics compiled by Bloomberg, a U.S.-based business news and financial information provider.
Among the top 10 syndicated loan providers during the period, six were government-linked banks and four private banks, with Bank of Taiwan (BOT) being the largest lender with loans of US$4.034 billion, taking a market share of 16.1%, down 4.6 percentage points from 2012's 20%.
Other banks in the top-10 witnessing downtrend in market share included First Commercial Bank and Mega International Commercial Bank, with the former's down 2.2 percentage points to 4.9% and the latter down 0.3 of a percentage point to 11.5%.
It's noteworthy that Hua Nan Bank saw its market share increase 1.2 percentage point to 3.4%, jumping to No. 9 from 2012's No. 13. And China Construction Bank, a Chinese bank operating in Taiwan for only one year, took a market share of 1.2% and was the only non-Taiwanese bank to be a top-15 syndicated lender.
As for private banks, Taishin International Bank was most active in the syndicated loan market and boasted of market share of 7.9%. CTBC Bank closely followed with corresponding percentage of 7.4%. The other two private banks in the top-10 were Cathay United Bank and SinoPac Bank. (JL)
| Taiwan's Top-0 Syndicated Lenders, Jan. 1 – Dec. 16, 2013 | |||
| Rank
| Bank
| Loan value (US$B )
| Market share (%)
|
| 1
| BOT
| 4.034
| 16.1
|
| 2
| Mega
| 2.89
| 11.5
|
| 3
| Taiwan Cooperative Bank
| 2.215
| 8.8
|
| 4
| Taishin
| 1.975
| 7.9
|
| 5
| CTBC
| 1.859
| 7.4
|
| 6
| Land Bank of Taiwan
| 1.763
| 7.0
|
| 7
| First
| 1.239
| 4.9
|
| 8
| Hua Nan
| 0.862
| 3.4
|
| 9
| Cathay
| 0.846
| 3.4
|
| 10
| SinoPac
| 0.553
| 2.2
|