Cathay United Bank Singapore Branch has made history by becoming the first Taiwanese bank to launch corporate bond offerings in Singapore. This significant development, announced in November 2025, underscores the bank’s strategic focus on enhancing its corporate banking services amidst the evolving global business landscape.
The introduction of corporate bond offerings by Cathay United Bank (CUB) comes as Taiwanese and multinational companies increasingly expand into Southeast Asia, driven by geopolitical shifts and realigned supply chains. Singapore’s political stability, transparent legal framework, and open capital markets have positioned it as a key hub under Taiwan’s New Southbound Policy. In 2024, Taiwanese investments in Singapore reached a record $5.8b, accounting for 12% of Taiwan’s total outbound investment.
Winfield Wong, Chief Executive of Cathay United Bank Singapore Branch, highlighted the growing demand for liquidity management tools and digitalised financial services. “Corporations are no longer simply opening offshore accounts; many are setting up investment holding entities or payment centres to enhance capital efficiency,” Wong stated. The new corporate bond services aim to support clients in hedging liquidity planning and operational optimisation.
Cathay Financial Holdings, the parent company of CUB, boasts over 60 years of experience in Asia, with 969 business locations and more than $400b in assets under management. Since its establishment in Singapore in 2009, CUB has provided tailored financial solutions to meet the diverse needs of corporate and private banking clients.
Looking ahead, Cathay United Bank remains committed to supporting Taiwanese businesses in their global expansion efforts, helping clients navigate market challenges and seize new opportunities.
