FSC Announces This Year's Branch Expansion Conditions; At Least 37 Financial Institutions Qualify
Taiwan's Financial Supervisory Commission (FSC) announced the conditions for domestic branch expansion this year, with at least 37 financial institutions (15 domestic banks and 22 credit cooperatives) meeting the qualifications. A revised regulation also allows institutions not meeting the pre-tax net asset return rate to apply for one branch expansion annually if other conditions are met.
📋 Article Processing Timeline
- 📰 Published: April 30, 2026 at 21:06
- 🔍 Collected: April 30, 2026 at 21:31 (25 min after Published)
- 🤖 AI Analyzed: May 1, 2026 at 07:03 (9h 31m after Collected)
Central News Agency
(Central News Agency reporter Su Ssu-yun, Taipei, 30th) According to regulations, banks and credit cooperatives that meet financial and business performance indicators can apply to the Financial Supervisory Commission (FSC) in May and November each year to establish new domestic branches. The FSC today stated that at least 37 financial institutions (15 domestic banks and 22 credit cooperatives) meet the qualifications. In addition, regulations were amended in February, allowing financial institutions that do not meet the pre-tax net asset return rate but meet other financial and business conditions to still apply to establish one new branch annually.
According to FSC statistics, as of the end of February this year, the total number of domestic branches of local banks reached 3,353, an increase of 2 branches compared to 3,351 at the end of last year. As of now, 8 banks have applied to establish branches but have not yet opened.
The FSC stated that according to Article 5 of the "Regulations Governing the Establishment and Management of Domestic Branches of Financial Institutions" (these Regulations), banks and credit cooperatives that meet financial and business performance indicators can apply to the FSC in May and November each year to establish new branches. The calculated average pre-tax net asset return rate for local banks and credit cooperatives for the past three years (2023 to 2025) that must be met under Article 3, Paragraph 2, Subparagraph 4 of these Regulations for this year is 10.53%.
Chang Chia-kuei, Deputy Director-General of the FSC's Banking Bureau, stated that 15 domestic banks and 22 credit cooperatives meet the overall financial and business conditions, with at least 37 qualifying.
However, Chang Chia-kuei pointed out that according to Article 3 of these Regulations, amended and promulgated in February this year, financial institutions that only fail to meet the pre-tax net asset return rate but meet all other financial and business conditions may still apply to establish one new branch annually. Therefore, if financial institutions meet the aforementioned financial and business indicator conditions, they can apply to the FSC in May and November to establish new branches.
To encourage financial institutions to participate in public welfare activities and assist in promoting various policies, Chang Chia-kuei stated that the following nine items will continue to be listed as favorable items for financial institutions applying to establish branches in 2026: public charity, financial education, financial crime prevention, SME loan growth rate, loan approval performance for female SME owners, compliance with the employment quota for persons with disabilities, promotion of barrier-free financial services, acceptance of deposits from credit unions, and whether financial institutions cooperate with social innovation organizations. (Editor: Yang Lan-hsuan) 1150430
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(Central News Agency reporter Su Ssu-yun, Taipei, 30th) According to regulations, banks and credit cooperatives that meet financial and business performance indicators can apply to the Financial Supervisory Commission (FSC) in May and November each year to establish new domestic branches. The FSC today stated that at least 37 financial institutions (15 domestic banks and 22 credit cooperatives) meet the qualifications. In addition, regulations were amended in February, allowing financial institutions that do not meet the pre-tax net asset return rate but meet other financial and business conditions to still apply to establish one new branch annually.
According to FSC statistics, as of the end of February this year, the total number of domestic branches of local banks reached 3,353, an increase of 2 branches compared to 3,351 at the end of last year. As of now, 8 banks have applied to establish branches but have not yet opened.
The FSC stated that according to Article 5 of the "Regulations Governing the Establishment and Management of Domestic Branches of Financial Institutions" (these Regulations), banks and credit cooperatives that meet financial and business performance indicators can apply to the FSC in May and November each year to establish new branches. The calculated average pre-tax net asset return rate for local banks and credit cooperatives for the past three years (2023 to 2025) that must be met under Article 3, Paragraph 2, Subparagraph 4 of these Regulations for this year is 10.53%.
Chang Chia-kuei, Deputy Director-General of the FSC's Banking Bureau, stated that 15 domestic banks and 22 credit cooperatives meet the overall financial and business conditions, with at least 37 qualifying.
However, Chang Chia-kuei pointed out that according to Article 3 of these Regulations, amended and promulgated in February this year, financial institutions that only fail to meet the pre-tax net asset return rate but meet all other financial and business conditions may still apply to establish one new branch annually. Therefore, if financial institutions meet the aforementioned financial and business indicator conditions, they can apply to the FSC in May and November to establish new branches.
To encourage financial institutions to participate in public welfare activities and assist in promoting various policies, Chang Chia-kuei stated that the following nine items will continue to be listed as favorable items for financial institutions applying to establish branches in 2026: public charity, financial education, financial crime prevention, SME loan growth rate, loan approval performance for female SME owners, compliance with the employment quota for persons with disabilities, promotion of barrier-free financial services, acceptance of deposits from credit unions, and whether financial institutions cooperate with social innovation organizations. (Editor: Yang Lan-hsuan) 1150430
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