Cathay United Bank Co Ltd - Company Profile
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Cathay United Bank Co Ltd (Cathay United Bank) provides retail and commercial banking and related financial services. Adequate capital and wide product offerings are its major strengths; even as, geographic concentration and increase in operating expenses remain a cause of concern. The emergence of FinTech, growing markets for payment channels, and short-term economic outlook in Taiwan could provide ample growth opportunities to the bank. However, competition and risks related to online identity theft and hacking could have an adverse effect on Cathay United Bank’s business, operating results and financial condition.
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