Credit risk of Taiwan banks in between those of Hong Kong and China: report

The report was released during a news conference in Taipei held by Taiwan Ratings, a strategic partner of S&P.

The study gave Taiwan banks a risk rating of 4. The number compares with 2 garnered by Hong Kong banks and 6 for Chinese banks. A lower number indicates banks are subject to lower risk.

According to Fan Wei-hua, senior manager with Taiwan Ratings, Taiwan banks have been able to maintain a proper credit structure, adding her outlook for Taiwan banks' effort to expand into China is neutral.

She said Taiwan banks are entering China with a cautious and step-by-step approach, adding such approach can help minimize the risk of investing on the other side of the strait.

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