Report
Taiwanese banks urged to trim branches amid high office rents
Nikkei Asia reports that a fintech expert recommends lenders rent out properties in key locations.
TLDR
Nikkei Asia reports that Taiwan has many bank branches compared with regional peers despite widespread online banking. With office rents high, fintech experts are urging lenders to assess whether maintaining their branch networks makes economic sense. One recommends renting out properties in key locations.
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