Taiwan

Taiwan credit cards’ balance rose in August

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.

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 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.

Taiwanese banks’ bad loans fell in May

The coverage ratio of allowances for NPLs rose to 811.56%.