Reported 8 months ago
According to the Central Bank statistics, in April, the balance of foreign currency loans for domestic banks was NT$4,931.5 billion, increasing by NT$567.61 billion in a single month, with a year-on-year growth rate of 7.5%, reaching a new high since June 2022. Strong AI momentum, global economic recovery, and high US dollar interest rates have led domestic banks to be optimistic about the growth momentum of foreign currency loans this year. However, with the postponement of the Fed's interest rate cut, the high-interest environment continues to suppress borrowing intentions, so the growth of foreign currency loans this year is expected to be steady rather than significant.
Source: YAHOO