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TAIWAN BUSINESS: December Revenues Rise 80.4%
Taiwan Business Bank's unconsolidated revenues in December 2007 rose 80.4% to TWD1.6 billion from TWD859.6 million a year before, according to data obtained from Bloomberg News. The bank's year-to-date revenues also rose 19.3% to TWD12.8 billion from TWD10.7 billion a year earlier. Taipei, Taiwan-based Taiwan Business Bank -- http://www.tbb.com.tw/ -- provides corporate financial services personal financial services. The bank's domestic branch network covers the whole island of Taiwan. In additon there are three overseas units,including Los Angeles Branch in US, Hong Kong Branch in Hong Kong and Sydney Branch in Australia. The Troubled Company Reporter-Asia Pacific reported that Fitch Ratings, on Jan. 22, 2007, affirmed the bank's long-term issuer default rating at BB+, and short-term rating at B.
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