Fitch raises banks’ outlook after tariff deal - News Summed Up

Fitch raises banks’ outlook after tariff deal


Fitch raises banks’ outlook after tariff dealSIGNS OF STABILITY: With US tariff risks to GDP subsiding, reliable economic conditions are expected to reinforce the bank operating environment, Fitch saidStaff writer, with CNAFitch Ratings has upgraded the outlook for Taiwan’s banking sector to “neutral” from “deteriorating,” citing a tariff agreement with the US that has reduced uncertainty in Taiwan’s macroeconomic environment and stabilized financial performance. The deal also grants Taiwan-made semiconductors and related products most-favorable-nation treatment under Section 232 of the US Trade Expansion Act. The Fitch Ratings logo at its offices at Canary Wharf in London are pictured on March 3, 2016. Fitch expects the Taiwanese banking sector to maintain an impaired loan ratio below 1 percent, compared with the 1.2 percent it previously forecast, the statement said. Market sentiment is also expected to improve, supporting wealth management fees and the sector’s overall bottom line, Fitch added.


Source: Taipei Times February 01, 2026 17:15 UTC



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