Financial Supervisory Commission, Taiwan

Taiwan’s FSC fines Taishin International Bank $310k over improper payment collection

The bank had failed to establish proper internal control systems
9 hours ago

Taiwan’s FSC fines Taishin International Bank $310k over improper payment collection

The bank had failed to establish proper internal control systems
9 hours ago

Taiwan bad loans increased by $400m in July

Total outstanding loans increased to $1.19t at the end of July.

Taiwan signs fintech cooperation MoU with Israel

The country signed a similar agreement with four other countries.

Taiwan banks ordered to take measures to safeguard elderly customers

Regulator urges banks to treat elderly customers fairly and reasonably.

Taiwan’s bad loans shrank by $2.03b in January

NPL ratio for 39 domestic banks is now at 0.16%.

Taiwan SME loans reach $310b in December 2021

The FSC also reported numbers on credit card, cash card, and e-payment businesses.