News

Cards & Payments

Staff Reporter

, Taiwan

Published:

8 minutes ago

Taipei, Taiwan (Photo by Daniel Honies via Unsplash).

Taiwan’s credit card balances up 0.88% in Nov 2024

Monthly write-offs rose whilst the amount of undue balance fell.

Credit card balance in Taiwan rose 0.88% month-on-month (MoM) in November 2024 to nearly $3.49b (NT$114.3b), according to data from the Financial Supervisory Commission (FSC) released in January 2025.

The amount of undue balance of installment was approximately $5.96b (NT$195.5b) over the same period, falling by 3.46% MoM compared to October 2024.

Monthly write-off was approximately NT$ 0.68b, rising 1.49% MoM from the NT$0.67b a month earlier.

The average ratio of delinquency credit—pass-due over three months— against account receivables, including non-accrual amounts, stayed the same at 0.29%.

As of November 2024, there are 38.91 million total active cards issued by 32 credit card institutions in Taiwan, and 58.62 million total effective cards.

Follow the link s for more news on

Financial Supervisory Commission

Financial Supervisory Commission, Taiwan

Also Read

Airwallex expands to Brazil, Mexico

GCash eyes easier payment checking for SMEs

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit

Top News

Taiwan’s credit card balances up 0.88% in Nov 2024

Monthly write-offs rose whilst the amount of undue balance fell.

Cards & Payments

8 minutes ago

Deposits in China rise 6.4% from households, NBFI deposits

RMB deposits rose over 2 trillion dollars from households and NBFIs.

Retail Banking

31 minutes ago

Loans in China rise 7.2% in Dec 2024

Outstanding renminbi loans grew, but foreign currency loans dropped.

Retail Banking

42 minutes ago

Vietnam meets with SoKor to diversify investment from state FX reserves

The central bank is also looking to strengthen its asset management capacity.

42 minutes ago

Exclusives

GCash eyes easier payment checking for SMEs

The Philippines’ biggest fintech platform is targeting the retail sector.

Banking Technology

3 days ago

South African fintechs look to Hong Kong for funding

Tax perks and access to Africa await foreign investors.

Financial Technology

Banks may be ill-equipped for demands of real-time payments

Stronger fraud prevention and anti-money laundering measures are needed.

Banking Technology

Citibank expects increased funding for Indonesia’s infra, energy sectors

President Prabowo’s infrastructure projects present opportunities for investors and banks.

Event News

Co-Written / Partner Showcase your outstanding initiatives at the 2025 Asian Banking & Finance Awards

The awards programme celebrates Asia's top banking and finance companies that are redefining the industry through exceptional services and groundbreaking solutions.