Taiwanese Brokerage Yuanta Taps Banks for $1.3 Billion of Loans

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Taiwan's largest brokerage, Yuanta Securities, is raising $1.3 billion through syndicated loans from banks amid a booming stock market. This move signals surging demand for financial services in Taiwan.

Yuanta Securities Co., Taiwan’s largest brokerage, and its subsidiary, are seeking up to NT$42 billion ($1.3 billion) through two syndicated loans, according to people familiar with the matter, a fundraising that highlights surging demand for financial services amid the stock boom.

Markets Deals Yuanta Securities syndicated loans Taiwan financial services stock market boom

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