Taiwan
Taiwan logs 3.9 billion non-cash payment transactions in H1
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.
Taiwanese banks’ bad loans fell in May
The coverage ratio of allowances for NPLs rose to 811.56%.
CTBC Bank bags two wins at ABF Fintech Awards 2024
It redefines banking with strategic collaborations and tailored financial services.
Taishin Bank and JCB launch card offering 3.8% rewards rate
JCB is offering a 5% rewards rate for all spending in Japan and in South Korea.
Taiwan’s CTBC Bank unveils new private banking platform
The bank will use the new platform to offer products and services to Hong Kong in Singapore.
Taiwan expected to keep close watch on banks’ properly loan risks
Authorities have hiked banks’ RRR to slow credit inflows and cool home prices.
Taiwanese banks’ loans to SMEs rose to $305b in April
The bad loans ratio rose slightly to 0.25% as of end-April.
Balance of Taiwan’s cash card loans is $372.4b in April
There are 0.3 million cash cards recorded during the month.
Taiwanese credit card firms’ revolving credit up 2.05% in April
A total of 38.12 million credit cards were active in Taiwan as of end-April.
Taiwan banks show stable asset quality
Fitch sees a favourable outlook for Taiwanese banks in the next 2 years.
DBS Taiwan Partners with Thales to issue 2-million eco-friendly cards
The bank aims to become the largest issuer of sustainable cards.
Taiwan banks’ SME loans rise to $303.6b in March
The NPL ratio remained at 0.24%.
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