"The shift in global business models has increased demand for liquidity management tools and digitalized financial services," said Winfield Wong, Chief Executive of Cathay United Bank Singapore Branch. "Corporations are no longer simply opening offshore accounts; many are setting up investment holding entities or payment centers to enhance capital efficiency. This trend cements Singapore's role as a strategic hub for risk management and asset allocation. Our new corporate bond services support clients in hedging, liquidity planning, and operational optimization. We will continue expanding our product lineup to help businesses manage cash flows with greater flexibility and improve profitability."
Cathay Financial Holdings, with more than 60 years in Taiwan, has built a strong presence across Asia with 969 business locations and over US$400 billion in assets under management. Since establishing its Singapore Branch in 2009, Cathay United Bank, a subsidiary of Cathay Financial Holdings, has leveraged its professional and comprehensive financial services to provide tailored solutions for Taiwanese and local enterprises, meeting the diverse needs of corporate and private banking clients. To help clients stay ahead of market trends, CUB also hosted the "Singapore Business Forum" in Taipei earlier this year, and recently held three corporate seminars across Taiwan, featuring experts on market positioning, industry trends, and tax strategies.
In addition, the Singapore Branch was recently recognized by The Asset with the "G3 Bonds - Top Investment Houses" award, underscoring its outstanding performance and professional capabilities. Looking ahead, CUB remains committed to supporting Taiwanese businesses expanding abroad and helping clients convert market challenges into opportunities as they advance onto the global stage.
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[1] Department of Investment Review, Ministry of Economic Affairs, Taiwan - "Approved Investment Amounts in the 18 New Southbound Countries in 2024" https://service.moea.gov.tw/EE521/visualize/VisDashboard.aspx?d=54&w=1 |
SOURCE Cathay United Bank
Reporter: PR Wire
Editor: PR Wire
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