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Fubon Group No. 1 in total assets
Taipei-based credit information company CRIF has released a report on Taiwan's top 100 business groups based on their total assets in 2021, ranking financial conglomerate Fubon Group in the number one spot.
CRIF said Fubon Group was sitting on NT$12.2 trillion in total assets in 2021, up 9.8% from a year earlier as its life and property/casualty insurance, securities business as well as its banking operations in Hong Kong and China continued to grow.
In 2020, Fubon replaced Lin Yuan Group to become the largest financial group in the country for the first time. It saw its total assets grow in 2021 to a new high in the country's history.
The top 100 business groups in Taiwan recorded NT$131.9 trillion in combined total assets in 2021, a record high, after rising by 10.05% from a year earlier.
