July 19, 2016: International Finance Magazine has announced the financial award winners in Taiwan. The recipients have beenchosen after a rigorous selection process by the internal team along with key inputs from an external agency.

IFM honors the achievers in the banking & finance industry who have excelled in their areas of expertise and made contributions through activities of note. Apart from financial performances the award also gives cognizance on the contributions made in corporate social responsibility which include charitable activities, better corporate governance and other achievements that impact the global finance community. The winners will be honored in the vibrant and mesmerizing city of Dubai, in December, later this year.

Sunil Bhat, Director and Publisher of the online magazine said “Banks around the world have achieved record profits over the past few years as economic growth, especially in Asia, globalization and the awakening of consumer finance in new markets continue to stimulate new institutions with innovative practices. While uncertainties exist, the relatively benign environment is creating a bonanza for Banks”

The awardees have been judged not only on their profitability and performance but also on their ability to continuously innovate and implement sustainable approaches towards becoming socially responsible. The winners of the financial awards 2013 were are also judged by their ability to deliver shareholder returns and gain strategic advantage in their areas, winners reap huge benefits in terms of market visibility and position.

International Finance Magazine headquartered in London, U.K, and read in more than 190 countries combines in depth regional and country average with reports on banking, capital markets, wealth management, Islamic finance and governance issues in the financial sector. With ethical reporting and best practices the magazine is recognizing and awarding winners with notable achievements who bring transformational changes in their areas of business and contribute for the development of the society.

The recipients of the financial awards 2013 for Taiwan are:

Best Private Bank

Taishin International Bank

Most Innovative Bank

Taishin International Bank

Best Commercial Bank

Mega International Commercial Bank Co., Ltd.

Best Insurance Company

Cathay Life Insurance Co., Ltd.

Best Investment Bank

Yuanta Securities Company

Best Mid Sized Venture Capital Firm

AsiaVest Partners, TCW/YFY Ltd.

Best Foreign Bank

Mizuho Bank

Best Corporate Social Responsibility Initiative 

Yuanta Financial Holding Co., Ltd

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