TAIPEI, Taiwan, Jan 4 (Bernama-BUSINESS WIRE) — CTBC Holding has outperformed itself, setting a record by winning 290 major accolades in 2022. The achievements include winning seven Taiwan Banking and Finance Best Practice Awards and CTBC Holding President James Chen was also the first Taiwanese business leader that has been named Asia-Pacific CEO of the Year by International Data Corp (IDC), a leading global analytical company specializing in information technology market research. In terms of credit rating, Moody’s Investors Service has affirmed the ratings of CTBC Financial and CTBC Bank at A3 and A1, respectively, maintaining CTBC Holding’s place as a top brand in terms of business quality and professional competence.
CTBC Holding President James Chen said that CTBC had been ahead of the curve in adopting new initiatives and offering a comprehensive suite of financial services through integrating resources from its subsidiaries to serve the needs of customers. It is also worth mentioning that the operating performance of CTBC Bank remained stable throughout 2022, and it was the only bank that met the capital surcharge requirement for Taiwan’s domestic systemically important banks (D-SIBs) before 2025, occupying the leading position in Taiwan’s banking industry.