;This year has been an extremely bad year for public banks. Although the epidemic has affected the performance of domestic banks more or less, in the first seven months of this year, the average profit of domestic banks declined by about 13%, and the performance of public stocks was significantly worse than that of private stocks. Taiwan Enterprise Bank, Changyin Bank and Huanan Bank declined by more than 30% compared with the same period last year, and Taiwan Bank and Mega Bank also had more than 20%. Only Heku and Tuyin declined by less than the average of domestic banks.
The overall performance of public stocks was comparable to that of private financial institutions. Institutions are far apart. The four major public photo background removing stock financial holdings (Zhaofeng, Heku, South China and No. 1) combined their profits in the first eight months and lost to one Fubon Gold. Picture 1 Photo Credit: Fat Cat Incident Book Unlike private companies, which were relatively cautious and conservative in their business in the recession caused by the epidemic, public stocks were caught in the policy quagmire. The low interest rate in the general environment has led to a reduction in interest rate spreads. Joint loan funds for energy policies such as wind power and solar require public stocks. Executive President Su Zhenchang is more accustomed to directly looking for the eight major public stocks, Dong Zong, to hold a meeting in the Political Yuan, asking the public stock bank to bail out and facilitate the people.
These policies guide All increase the potential bad debts of public stocks in the future. Policy changes have become a source of systemic risk for banks The Changyin operation right case has not yet been concluded, but it can be seen from the business performance that when Taishin dominated Changyin, the after-tax net profit margin fell from a shaky -137% in 2005, and was retaken by Zhang Sheng and the Minister of Finance in 2014. So far, it has risen all the way to 41%, and then Zhangyin, which has improved in physical fitness, has gradually declined to 27%