Reported 11 months ago
In the first half of the year, the economy performed better than expected, leading to increased short-term funding needs due to the May tax season. The credit guarantee fund project for small and medium-sized enterprises saw continuous growth in financing, reaching 148.315 billion NT dollars in May, a new high in nearly five months, with a year-on-year increase of 10.9%. The total financing in the first five months broke through the 650 billion NT dollars mark, reaching 659.08 billion NT dollars, a 15.7% increase compared to the previous year. The demand for corporate financing remains strong, especially aided by policies, suggesting a potential for new highs in SME project financing in the long run.
Source: YAHOO