Financial Supervisory Commission, Taiwan

The bank had failed to establish proper internal control systems

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

The country signed a similar agreement with four other countries.

Regulator urges banks to treat elderly customers fairly and reasonably.

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

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