Cathay Financial Holding Co president Lee Chang-ken addresses a press conference in Taipei on Oct. 24 last year. Photo: CNAFour investment funds offered through the group hold related assets with net exposure of about US$100 million, Lee said. Cathay United Bank (國泰世華銀行), the conglomerate’s main lending arm, holds about NT$2.8 billion (US$87.83 million) in Middle Eastern sovereign bonds, he said. Cathay Financial reported a net income of NT$107.6 billion for last year, down 3 percent from a year earlier, largely due to a one-off foreign exchange reserve provision booked in December by its main subsidiary, Cathay Life Insurance Co (國泰人壽). Cathay Life realized NT$114.8 billion in gains from equity investments last year, representing a return of 16.4 percent.

Source: Taipei Times March 27, 2026 16:15 UTC