Taiwan

Taiwan’s First Commercial Bank boasts sound asset quality but property risks abound

It should be able to mitigate these risks with its conservative LTV ratio and solid economic conditions.

Taiwan’s First Commercial Bank boasts sound asset quality but property risks abound

It should be able to mitigate these risks with its conservative LTV ratio and solid economic conditions.

Taiwan credit card firms’ hold $3.34b in revolving credit as of January 2024

A total of 37.89 million cards are active as of end-January, according to official data.

Indosuez Wealth Management names two new directors to North Asia team

Indosuez Wealth Management has appointed two new directors to its North Asia Team.

37.6 million credit cards active in Taiwan in November: FSC

The number of cash cards remained the same as in October, however.

Taiwan domestic banks extended more loans in November

The bad loans ratio fell by 0.01 percentage point, according to the FSC.

Taiwan reports over 37 million active credit cards in October

The average rate of delinquency was 0.2% by the end of the month.

DBS completes integration of Citi Taiwan consumer business

Almost 3,000 Citi employees are now part of DBS Taiwan.

Line Bank Taiwan launches Fast Financial Platform

As of July, LINE Bank Taiwan has over 1.57 million users.

Chart of the Week: Over 1 in 4 of Taiwan’s online transactions use alternative payments

Over a quarter of Taiwanese online shoppers prefer to pay via alternative payment methods.

Taiwan’s FSC accelerates financial cybersecurity measures with new action plan

Some measures include appointing Chief Information Security Officers.

Chart of the Week: Taiwan’s card payments market value to hit $172.8b in 2026

Usage will rise to 64 uses per card per year, from 45 annual uses a card in 2022.

Citi names Aftab Ahmed as Citibank Taiwan chairman

Ahmed has worked in Citi for over 40 years.