Taiwan c.bank says financial system 'robust'

Taiwan's central bank said on Friday the island's financial system was "robust" with no worries about systemic risks, in a report to lawmakers on the impact of the collapse of Silicon Valley Bank and the woes of Swiss bank Credit Suisse.

Taiwan's financial industry has "controllable exposure" to failed banks in the United States and Credit Suisse, it added, echoing earlier comments from the island's financial regulator.

Senior Taiwanese financial regulators will take lawmaker questions in parliament on the U.S. and Swiss banking crisis and potential impact on Taiwan on Monday.