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BRIEF-Taiwan says Jan-July pretax profits at local banks slip 1 pct to T$190.2 bln
August 31, 2017 / 8:58 AM / 25 days ago

BRIEF-Taiwan says Jan-July pretax profits at local banks slip 1 pct to T$190.2 bln

Aug 31 (Reuters) - Taiwan’s financial regulator said on Thursday:

* Local banks posted pretax profits of T$190.2 billion ($6.3 billion) in January-July, down 1.2 percent year-on-year

* About 65.6 pct of the profit is from domestic operations, 24 pct from offshore banking units, 9.4 percent from overseas branches and 1 pct from branches in China

* Pretax profit at local banks in July were T$28.9 billion, up 6 percent from a year ago (Reporting by Faith Hung)

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