3 Major Offshore Financial Centers Earn $674 Million USD in First 2 Months
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AI Summary (NQ-processed)
Taiwan's three major offshore financial centers (OBU, OIU, OSU) posted a combined pre-tax profit of $674 million USD in the first two months. While banking and securities saw growth due to US rate cuts and strong markets, insurance faced declines tied to IFRS 17 adoption.