O-Bank’s exposure to Mideast limited - News Summed Up

O-Bank’s exposure to Mideast limited


O-Bank’s exposure to Mideast limitedBy Crystal Hsu / Staff reporterO-Bank Co (王道商業銀行) yesterday said its exposure to the Middle East remains limited and manageable despite escalating regional tensions, adding that it maintains a cautious but optimistic outlook for this year. The Web-only lender’s holdings related to the Middle East account for only 0.76 percent of its total bond portfolio, O-Bank president Elton Lee (李芳遠) said, adding that the bank has no lending exposure to the region. Photo: Lee Chin-hui, Taipei TimesThe bank has conducted a comprehensive review of its positions amid the ongoing Middle East conflict, he said. “We are closely monitoring clients that could potentially be affected by the conflict, but their operations remain normal and the bank’s financial planning and profit outlook have not been materially affected,” Lee said. At the conference, the bank also addressed investors’ concerns over rising non-performing loans (NPLs) at its Hong Kong branch.


Source: Taipei Times April 01, 2026 17:13 UTC



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