Taiwan

CTBC Bank bags two wins at ABF Fintech Awards 2024

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 e-payments rose to $475.4m in Q1

A total of 1.897 billion non-cash payment transactions have been recorded.

Taiwan cards' revolving credit rise to NT$107.3b in March

There are over 37 million active credit cards on the island.

Taiwan’s domestic banks extended $300.7b in SME loans

This accounts for 65% of all loans extended to all enterprises.

Taiwan’s Hua Nan’s asset quality to remain sound through 2025

Loans to SMEs and the property sector have improved, says Moody’s.

Robust employment, stable housing market anchors CUB’s profits

But net interest margin will likely stay flat or contract mildly.

Taiwan’s First Commercial Bank boasts sound asset quality but property risks abound

It should be able to mitigate these risks with its conservative LTV ratio and solid economic conditions.