Mega Bank Establishes Presence in India's GIFT City to Support Taiwanese Businesses' Overseas Development
Mega Bank has received approval to establish a branch in India's Gujarat International Finance Tec-City (GIFT City), recognizing India as a key emerging investment destination for Taiwanese businesses. This move aims to support Taiwanese companies' overseas expansion, enhance lending growth, and strengthen its presence in the South Asian market by leveraging GIFT City's tax incentives and financial industry cluster.
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- 📰 Published: April 15, 2026 at 20:40
- 🔍 Collected: April 15, 2026 at 21:02 (22 min after Published)
- 🤖 AI Analyzed: April 15, 2026 at 21:06 (4 min after Collected)
Central News Agency
(Central News Agency reporter Lu Yen-tzu, Taipei, 15th) Seeing India as a new key investment country for Taiwanese businesses, Mega Bank announced today that it has been approved to establish a branch in India's Gujarat International Finance Tec-City (GIFT City), hoping to fully support Taiwanese businesses' overseas development and continue to boost lending growth momentum.
The Financial Supervisory Commission yesterday approved Mega Bank's application to the Indian authorities to establish a GIFT City branch.
Mega Bank issued a press release today stating that it sees India as a new key investment country for Taiwanese businesses and recognizes the business opportunities arising from the Indian government's active promotion of investment incentive programs. In addition to its existing Mumbai representative office, which has accumulated experience in serving India, the approval to establish a new GIFT City branch in India fully demonstrates Mega Bank's continuous progress towards its medium- and long-term strategic goal of "global layout, deep cultivation in Asia-Pacific."
Mega Bank explained that GIFT City possesses complete infrastructure and a financial industry cluster, along with advantages such as tax incentives, and is expected to gradually become an international syndicated loan center for Indian enterprises' offshore fundraising. By establishing a presence in India, the bank hopes to strengthen cooperation with international financial counterparts and deepen local services in India.
Mega Bank stated that it hopes to proactively seize the business opportunities arising from the relocation of Taiwanese industrial supply chains, provide customized high-quality financial services, fully support Taiwanese businesses' overseas development, and continue to boost lending growth momentum. In the future, it will continue to work with clients to connect with the international community, face the challenges of international economic situations and geopolitical factors together, strengthen its competitiveness in the South Asian market, and realize its corporate vision of exerting positive influence and leading sustainable development.
Mega Bank stated that it currently has 39 overseas branches in 18 countries across America, Europe, Asia, and Australia, with a global correspondent network, providing excellent financial service experiences. (Editor: Yang Lan-hsuan) 1150415
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(Central News Agency reporter Lu Yen-tzu, Taipei, 15th) Seeing India as a new key investment country for Taiwanese businesses, Mega Bank announced today that it has been approved to establish a branch in India's Gujarat International Finance Tec-City (GIFT City), hoping to fully support Taiwanese businesses' overseas development and continue to boost lending growth momentum.
The Financial Supervisory Commission yesterday approved Mega Bank's application to the Indian authorities to establish a GIFT City branch.
Mega Bank issued a press release today stating that it sees India as a new key investment country for Taiwanese businesses and recognizes the business opportunities arising from the Indian government's active promotion of investment incentive programs. In addition to its existing Mumbai representative office, which has accumulated experience in serving India, the approval to establish a new GIFT City branch in India fully demonstrates Mega Bank's continuous progress towards its medium- and long-term strategic goal of "global layout, deep cultivation in Asia-Pacific."
Mega Bank explained that GIFT City possesses complete infrastructure and a financial industry cluster, along with advantages such as tax incentives, and is expected to gradually become an international syndicated loan center for Indian enterprises' offshore fundraising. By establishing a presence in India, the bank hopes to strengthen cooperation with international financial counterparts and deepen local services in India.
Mega Bank stated that it hopes to proactively seize the business opportunities arising from the relocation of Taiwanese industrial supply chains, provide customized high-quality financial services, fully support Taiwanese businesses' overseas development, and continue to boost lending growth momentum. In the future, it will continue to work with clients to connect with the international community, face the challenges of international economic situations and geopolitical factors together, strengthen its competitiveness in the South Asian market, and realize its corporate vision of exerting positive influence and leading sustainable development.
Mega Bank stated that it currently has 39 overseas branches in 18 countries across America, Europe, Asia, and Australia, with a global correspondent network, providing excellent financial service experiences. (Editor: Yang Lan-hsuan) 1150415
Stand with the facts; your sponsorship supports press freedom.
Download the Central News Agency "First-hand News" APP to stay updated.
Text, images, and videos on this website may not be reproduced, publicly broadcast, or publicly transmitted and used without authorization.