For Taiwan's financial industry, setting up branches Lai Yu

Eighth World Conference of Chinese an important part of the insurance --- to hold cross-strait financial exchanges. Senior people from Taiwan have indicated that the financial sector, financial market development potential of Chongqing, and Chongqing in the financial aspect is willing to strengthen cooperation, including exploring to set up branches in Chongqing and training of financial professionals, lending to SMEs and other Zhankai deep cooperation.

Taiwan's banking sector competition

Vice President of Finance of the Institute of Taiwan, said Chen Tailong, competitive banking industry in Taiwan, can be "too much" to describe the number of banking institutions in Taiwan.

He said Taiwan has 37 domestic banks, 32 foreign banks, in addition to 326 community financial institutions. So many banking institutions led to excessive competition in Taiwan's banking industry. Deposit spreads narrow, the current deposit interest rate in Taiwan is only 1.2%, lower profitability.

Taiwan's current situation is: too much money chasing too few opportunities. Which areas can make money, we all rush at once, once the market saturated, profits will be down, the result fluctuations in the profitability of banks is high.

However, more advanced and the Bank of Taiwan Industry structure, financial innovation has strong management experience, all kinds of professionals are also available, in quality service, cost control and risk control management, a unique.

Chongqing, a huge market potential

At the symposium, said Taiwan's financial sector, and Taiwan's market is different from the mainland banking sector development in late, great potential. At present China is growing rapidly and the financial industry, a huge market with growth potential, "Bank interest rate alone, it can survive very well."

Chongqing as well. Taiwan's financial sector that many financial indicators in Chongqing is not only ranked among the top, but the equity already established in the transfer of Yuzhong District, Chongqing agricultural and livestock exchange, Chongqing United Assets and Equity Exchange, the land transaction market, are unique.

In recent years, economic and trade exchanges across the Taiwan Strait continues to heat up, trade and trade dependency is increasing, and Taiwanese investment become increasingly active in China, many Taiwan business people in the industry has been investing in building factories in Chongqing, such as Foxconn, ASUS, and other famous enterprises have settled in Chongqing, "the financial industry should follow the Taiwan enterprises to Chongqing, for their service."

Various forms of cooperation

Exchange meeting, Taiwan's financial sector that, in June, cross-strait economic cooperation framework agreement signed in Chongqing, Chongqing became Taiwan's financial cooperation with the pilot areas, financial cooperation and exchanges between the two sides face enormous development opportunities.

So, what the two sides can co-operate?

Taiwan's First Commercial Bank of Chow Pak Chiu said that financial cooperation in Taiwan and the Chongqing Financial Jigou She can cross, the cross-strait banking Jianlicelue alliance platform, Jian Li cross-strait currency Qingsuan mechanism, Xianghuchengren financial Zhuanye license, strengthen talents, joint prevention of money laundering, combat financial crime.


Chen Tailong claimed, Taiwan's financial industry in the market marketing, personnel training, risk management and Kongzhi gained such valuable experience Lianganjinrong the industry can Tongguopeixun Jiao Liu, exchange of personnel, exchange of visits and other means Gaoceng learn from each other Jiashenlejie together to improve the management level.

Taiwan Trust Association, said the Secretary-General Wu Xun Yi, Taiwan more advanced trust business, cross-strait cooperation in the trust industry, to explore cooperation in handling trust business, shares of domestic investment trust companies, directly apply for the establishment of trust.

KIG KGI Securities Co., Ltd., Wei Baosheng that he was the city center and the agricultural and livestock share transfer transactions interested in equity participation by way of cooperation. At the same time, can also help Chongqing to Taiwan listed companies and financing.