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 banks’ SME loans rise to $303.6b in March
																					
							The NPL ratio remained at 0.24%.
						
					
					
				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 $1.23t in loans as of end-March
																					
							The average bad loans ratio is 0.16%.
						
					
					
				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.