Taiwan
Taiwan’s Financial Supervisory Commission names new chief sec for FEB
Wen-long Kuo was formerly the division director at the FEB.
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%.
Taiwanese banks’ total loans up 0.13% in June
Coverage ratios of allowances for NPLs rose almost 30 percentage points.
Taiwan’s virtual banks tout corporate banking and FX to reach profitability
All 3 banks reported narrower losses in 2023.
Taiwan credit card firms’ see lower balance in May
There were less credit cards active compared to April.
Value of loans extended to Taiwan’s SMEs rise in May
SME loans account for 65.4% of Taiwanese banks’ corporate loans.
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