Taiwan’s E.Sun Commercial Bank, named after the island’s highest peak Yushan, is seeking new growth drivers in the rapidly growing markets of Southeast Asia as part of its strategy to become a regional bank less than three decades since it was founded.
Having set up its first branch in the southern province of Dong Nai in September, Vietnam is E.Sun Commercial Bank’s latest destination. Before that, it opened up in 2012 in Singapore and established a subsidiary in Cambodia in 2013.
E.Sun Commercial Bank, established in 1992, is also one of the lenders to have won a banking licence in Myanmar, as the government attempts to...