International Commercial Bank of China in Taiwan is considering a modest increase in its treasury's investment in domestic and foreign equities, says Beth Wei Meei-yeh, senior executive vice president and general manager of the treasury department.
The bank's assets are above NT$1 trillion $29 billion, half in the form of loans 30% in New Taiwan dollars and 20% in dollars and the rest in securities 10-20% and time deposits 30-40%.
Investments in bonds have increased over the past three years to take advantage of falling interest rates, and today securities provide higher returns than loans, which is new. But since the US Federal Reserve's June federal open market...
