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Journal Article
A STUDY ON THE PROFIT AND RISK OF TAIWANESE AND BRITISH BANKS
2023
Overview
Many financial institutions have faced the challenge of declining profits and earnings in recent years due to the raging pandemic. British banks are not only affected by the pandemic but also the Brexit event that caught the eyes of the world. Although Taiwan and the United Kingdom are far apart, Taiwan is a proud nation with its chip production which has helped attract global attention to its economic development. The financial industry accounted for 6.4% GDP of Taiwan with a negative annual growth rate (-3.59%) results for the first time in the last decade. Therefore, Taiwanese banks and British banks are made as the research samples in this paper with the research period scheduled in 2015-2021. According to the empirical results, British banks are significantly affected by the pandemic while the said impact on Taiwanese banks is relatively minor.
Publisher
International Association of Organizational Innovation
Subject
