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CTBC eyes South-east Asia for overseas growth

It wants to grow net profit from overseas operations to 45% of bottom line by 2023.

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Mr Li notes that Singapore serves as CTBC's key regional hub to help Asean corporates expand and navigate new business environments.

CTBC Bank - Taiwan's largest privately-owned lender - is steering its expansion strategy towards South-east Asia where it looks to capture a greater share of the growing intra-regional trade flows and finance domestic mid-market corporates, its vice-chairman Morris Li told The Business Times...

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