Taiwan Cooperative Financial: NTD Expected to Rise in H2; Global Growth Steady but Inflation Persistent

Key facts

  • Taiwan Cooperative Financial: NTD Expected to Rise in H2; Global Growth Steady but Inflation Persistent
  • Taiwan Cooperative Financial (TCF) and Chang Hwa Bank (CHB) held investor conferences on the 26th. They predict global economic growth will be steady but inflation will remain high in the second half of the year, with Middle East tensions being the biggest variable. Taiwan's fundamentals remain strong, supported by AI and semiconductor demand, and the NTD is expected to appreciate.
  • Source: PR Times
  • Date: May 26, 2026

Direct answer

Taiwan Cooperative Financial (TCF) and Chang Hwa Bank (CHB) held investor conferences on the 26th. They predict global economic growth will be steady but inflation will remain high in the second half of the year, with Middle East tensions being the biggest variable. Taiwan's fundamentals remain strong, supported by AI and semiconductor demand, and the NTD is expected to appreciate.

Citation
Taiwan Cooperative Financial: NTD Expected to Rise in H2; Global Growth Steady but Inflation Persistent (May 26, 2026), PR Times
Source
PR Times
Date
May 26, 2026
Taiwan Cooperative Financial (TCF) and Chang Hwa Bank (CHB) held investor conferences on the 26th. They predict global economic growth will be steady but inflation will remain high in the second half of the year, with Middle East tensions being the biggest variable. Taiwan's fundamentals remain strong, supported by AI and semiconductor demand, and the NTD is expected to appreciate.
financeNQ 51/100出典：PR Times

📋 Article Processing Timeline

  • 📰 Published: May 26, 2026 at 19:32
  • 🔍 Collected: May 26, 2026 at 20:01 (28 min after Published)
  • 🤖 AI Analyzed: May 31, 2026 at 19:47 (119h 46m after Collected)
Taiwan Cooperative Financial (TCF) stated on the 26th that due to inflation risks from the Middle East conflict, global economic growth in the second half of the year will be 'not bad, but inflation will not be low.' Taiwan's fundamentals are robust, with strong exports and stable domestic demand. The Taiwan stock market is supported by three major factors, including strong demand for AI servers and semiconductors, and the NTD is expected to appreciate in the second half of the year. Chang Hwa Bank (CHB) also noted that the geopolitical situation in the Middle East is the biggest variable for the global economic outlook. TCF held its Q1 investor conference today, reporting a consolidated net profit after tax of NT$5.812 billion, a 21.77% year-on-year increase, with an EPS of NT$0.36. TCF Investment Consulting Chair Hsu Chien-ting analyzed that high oil prices might make it difficult for the US Federal Reserve to cut interest rates. Regarding Taiwan, she explained that GDP growth could exceed 8%, driven by exports and tech investment, though caution is needed regarding high oil prices and global demand slowdowns. TCF believes the Taiwan stock market will remain supported in the second half due to strong demand for AI servers, semiconductors, and advanced packaging, with foreign investors viewing Taiwan as the core of the AI supply chain. CHB also held its investor conference, reporting a Q1 consolidated net profit after tax of NT$5.221 billion, a 26.27% year-on-year increase, with an EPS of NT$0.44. Overseas lending grew by 23.61% year-on-year, benefiting from supply chain restructuring and cross-border financial demand. CHB noted that Hong Kong, the US, and Singapore are its top three profit-generating markets, and it plans to deepen its presence in ASEAN, North America, and Australia, including considering a branch in Phoenix, Arizona. TCF also indicated plans to strengthen its Asian presence, including in Japan and Singapore, to support Taiwanese businesses' overseas investments. Regarding the real estate market, both banks expect a trend of 'volume contraction and price consolidation' or 'bottoming out.'

FAQ

How do Taiwanese banks view the economic outlook?

They are optimistic about Taiwan's economy due to AI and semiconductor demand, but remain cautious about inflation risks from Middle East tensions.

What are the key facts in this article?

Taiwan Cooperative Financial (TCF) and Chang Hwa Bank (CHB) held investor conferences on the 26th. They predict global economic growth will be steady but inflation will remain high in the second half of the year, with Middle East tensions being the biggest variable. Taiwan's fundamentals remain strong, supported by AI and semiconductor demand, and the NTD is expected to appreciate.

What is the direct answer?

Taiwan Cooperative Financial (TCF) and Chang Hwa Bank (CHB) held investor conferences on the 26th. They predict global economic growth will be steady but inflation will remain high in the second half of the year, with Middle East tensions being the biggest variable. Taiwan's fundamentals remain strong, supported by AI and semiconductor demand, and the NTD is expected to appreciate.

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