Reported 3 months ago
As of July 17, 2024, foreign currency deposits in Taiwanese banks have continued to increase for four consecutive months, reaching a new high of NT$14.6129 trillion by the end of May, with a total increase of NT$588.3 billion in the first five months of the year. Factors contributing to this growth include customer receipts, surplus repatriation, financial operations, and fund adjustments. Several banks, including CTBC Bank, Mega Bank, Bank of Taiwan, and other banks, have seen significant increases in foreign currency deposits, attributed to various market factors and strategies implemented by the banks.
Source: YAHOO