Taiwan
Taiwan’s credit card balances up 0.88% in Nov 2024
Taiwan’s credit card balances up 0.88% in Nov 2024
Monthly write-offs rose whilst the amount of undue balance fell.
5 days ago
Will the Taiwan dollar overtake yuan as Asia’s top funding currency?
Intervention risks in the yuan are increasing the Taiwan dollar’s attractiveness.
Taiwanese banks’ SME loans rose in November
The bad loans ratio declined by 0.1 percentage point.
Taiwanese banks' outstanding loans rises to $1.29t in November 2024
Non-performing loans of these banks totalled $1.98b, reflecting a $50m decrease.
Taiwan, Lithuania ink MOU for financial services innovation
They agree to exchange information on emerging market trends and relevant regulatory issues.
Taiwanese credit card balance at $3.49b in October
There were 38.72 million active credit cards during the month.
Taiwanese banks extended $169.21m in SME loans in October
Loans extended to SMEs accounted for 64.2% of total loans.
Taiwanese banks' loans to SMEs reach $314.57b in September
The average non-performing loan ratio of SME loans was 0.22%.
Taiwan's effective credit cards reach 58.6 million in September
The balance of revolving credit was $20.25m.
Taiwan’s Financial Supervisory Commission names new chief sec for FEB
Wen-long Kuo was formerly the division director at the FEB.
Taiwan credit cards’ balance rose in August
But the amount of monthly retail sales was 7.96% lower than in July 2024.
SME loans in Taiwan rose in August
A total of NT$10.17t loans has been extended to SMEs.
Taiwanese banks extend more loans in August
The average NPL ratio remained the same as the month prior.
Taiwanese banks face potential revenue drop in 2025
Fee income will be supported by loan growth and reshoring activities.
Taiwanese banks extended $395.26m SME loans in July
SME loans accounted for 64.4% of all corporate loans.
Taiwan’s financial regulator names new director general for financial examination
Chen-chang Tong assumed his new role on 25 September 2024.
Taipei Fubon Commercial Bank to achieve good profitability through 2025
Low credit costs and non-interest income will lift profitability.
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