Taiwan
Taiwan cards' revolving credit rise to NT$107.3b in March
Taiwan cards' revolving credit rise to NT$107.3b in March
There are over 37 million active credit cards on the island.
Taiwan’s domestic banks extended $1.23t in loans as of end-March
The average bad loans ratio is 0.16%.
Taiwan’s domestic banks extended $300.7b in SME loans
This accounts for 65% of all loans extended to all enterprises.
Taiwan’s Hua Nan’s asset quality to remain sound through 2025
Loans to SMEs and the property sector have improved, says Moody’s.
Robust employment, stable housing market anchors CUB’s profits
But net interest margin will likely stay flat or contract mildly.
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.
Taiwan banks’ loans up by $10.78b in January: FSC
The bad loans ratio rose to 0.15%.
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.
Shinhan Bank, SCB TechX successfully complete stablecoin remittance pilot
The proof of concept was built on the Hedera network.
Taipei’s Fubon Bank reports record-high Q1 profits
Credit card issuance also saw a surge.
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.
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