Taiwan
Taiwanese credit card balance at $3.49b in October
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.
Revolving credit on Taiwan credit cards dips in July
This is despite the total active cards rising to 38.36 million.
Taiwanese banks’ total outstanding loans at $1.25t in July
The bad loans ratio remained at the same level as in June 2024.
Taiwanese banks hold $310.53t in SME loans in June
SME loans made up 65.64% of all corporate loans in Taiwan.
Taiwan logs 3.9 billion non-cash payment transactions in H1
There were 28.91 million users of electronic payment accounts in end-June.
Taiwan’s active credit cards rise to 39.24 million in June
Amount of undue balance of installment jumped 48.45%.
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ABF Corporate & Investment Banking Awards 2024 Winner: Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank)
VietinBank won Project Infrastructure Finance Deal of the Year - Vietnam at the ABF Corporate & Investment Banking Awards 2024.
