The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookiesbefore using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.

Coronavirus: Taiwan’s E.Sun prepares for the worst but hopes for the best

The chief executive of Taiwan lender E.Sun, Joseph Huang, tells Euromoney that banks are responsible for helping not just customers but the whole of society, as Covid-19 pushes countries into lockdown.


It’s a world turned upside down. If banks were begging in 2008 to be bailed out, in 2020 many are asking what they can do to help.

That’s certainly the case with E.Sun Commercial Bank, one of Taiwan’s most outward looking private-sector lenders, with 28 branches in nine countries, including the US, Australia, Singapore and Myanmar.

“In times of stress and distress, financial institutions should leverage capital and resources, and use them to stabilize society by injecting liquidity into the market,” says E.Sun’s chief executive Joseph Huang. The industry should provide “assistance to companies in the greatest need,” he adds. “It’s time for banks to make a positive impact.”

Soon after Covid-19 emerged as a threat in January, the bank – and the island – went on alert. The SARS outbreak of 2003 killed dozens of people in Taiwan and it wasn’t going to get caught short again.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?