Back Issues 11-20

A STUDY ON THE  PROFIT AND RISK OF TAIWANESE AND BRITISH BANKS

Hsu, Shao-Yin

Department of Accounting, Ming-Chuan University

E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Pei, Fan-Yi 

Department of Accounting, Ming-Chuan University

E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Huang, Jia-An

Department of Accounting, Ming-Chuan University

E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Xie, Xin-Ting

Department of Accounting, Ming-Chuan University

E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Feng, Yu-Quan

Department of Accounting, Ming-Chuan University

E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Abstract

Many financial institutions have faced the challenge of declining profits and earnings in recent years due to the raging pandemic. British banks are not only affected by the pandemic but also the Brexit event that caught the eyes of the world. Although Taiwan and the United Kingdom are far apart, Taiwan is a proud nation with its chip production which has helped attract global attention to its economic development. The financial industry accounted for 6.4% GDP of Taiwan with a negative annual growth rate (-3.59%) results for the first time in the last decade. Therefore, Taiwanese banks and British banks are made as the research samples in this paper with the research period scheduled in 2015-2021. According to the empirical results, British banks are significantly affected by the pandemic while the said impact on Taiwanese banks is relatively minor.

Keywords: Taiwanese banks, British banks, profit, risk.