Taiwan’s Financial Supervisory Commission (FSC) approves the merger of Shin Kong Bank and Taishin Bank, both subsidiaries of TS Financial Holdings. The deal awaits formal implementation on January 1, 2027, following regulatory clearance. The combined entity will operate under TS Holdings’ umbrella, consolidating two major Taiwanese banks.
TS Holdings achieves a record **2025 net profit after tax of NT$37.4 billion**, driven by its strategy to integrate subsidiaries. The company highlights sustained financial growth in its latest analyst meeting, reflecting operational consolidation efforts across its business units.
TS Financial Holding Co consolidates Taishin Financial Holding Co and Shin Kong Financial Holding Co, forming Taiwan’s fourth-largest financial holding company with NT$8.58 trillion in combined assets as of March 31. The merger finalizes after regulatory approval, expanding the new entity’s market presence in banking and wealth management. Authorities highlight the deal as a step toward strengthening Taiwan’s financial sector competitiveness.
Taishin Financial Holding Co and Shin Kong Financial Holding Co complete their merger, forming **TS Financial Holding Co**. The combined entity ranks as Taiwan’s fourth-largest financial holding company by assets. The deal follows years of regulatory approvals and strategic planning.