Mitsubishi UFJ has announced plans to expand its staff in Taiwan and to open an outlet in Fuzhou, China, due to burgeoning trade between China and Taiwan. The company will also establish a new office in the city of Kaohsiung, Taiwan, which is expected to be operational by mid-2018.
Mitsubishi UFJ has announced plans to expand its staff in Taiwan and to open an outlet in Fuzhou, China, due to burgeoning trade between China and Taiwan. The bank's loan portfolio is c. JPY 350bn ($2.8bn) and it is looking to increase its balance by JPY 50bn ($400m) over the next three years.