Foreign Currency Deposits Surge to a Record NT$15.6 Trillion by End of March
Driven by the depreciation of the New Taiwan Dollar in March, foreign currency deposits in Taiwan's domestic banks have continued to hit new highs. According to the Financial Supervisory Commission, the balance reached NT$15.6835 trillion by the end of March, marking a monthly increase of NT$281.6 billion, primarily due to the appreciation of the US dollar.
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- 📰 Published: May 18, 2026 at 21:18
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(CNA, Reporter Su Ssu-yun, Taipei, 18th) Influenced by the depreciation of the New Taiwan Dollar in March, foreign currency deposits have continued to set new records. Statistics from the Financial Supervisory Commission (FSC) show that as of the end of March, the foreign currency deposit balance of domestic banks was NT$15.6835 trillion, a new historical high, with a massive single-month increase of NT$281.6 billion, mainly influenced by the appreciation of the US dollar and the relative depreciation of the NTD.
The FSC stated that as of the end of March this year, the foreign currency deposit balance of domestic banks was NT$15.6835 trillion, a monthly increase of NT$281.6 billion, primarily due to a 2.3% appreciation of the US dollar. If exchange rate factors are excluded and calculated directly using the end-of-March USD exchange rate of 31.98, foreign exchange deposits amounted to US$490.4 billion, a monthly decrease of US$2.4 billion, due to payments for goods, investment fund outflows, or capital adjustments.
According to FSC data, as of the end of March this year, the 'trillion-dollar club' for foreign currency deposits in domestic banks still consists of 6 institutions, in order: CTBC Bank with NT$1.56 trillion, Taipei Fubon Bank with NT$1.31 trillion, Bank of Taiwan with NT$1.25 trillion, Mega Bank with NT$1.21 trillion, E.Sun Bank with NT$1.2 trillion, and First Bank with NT$1.14 trillion. (Editor: Pan Yi-ching) 1150518
The FSC stated that as of the end of March this year, the foreign currency deposit balance of domestic banks was NT$15.6835 trillion, a monthly increase of NT$281.6 billion, primarily due to a 2.3% appreciation of the US dollar. If exchange rate factors are excluded and calculated directly using the end-of-March USD exchange rate of 31.98, foreign exchange deposits amounted to US$490.4 billion, a monthly decrease of US$2.4 billion, due to payments for goods, investment fund outflows, or capital adjustments.
According to FSC data, as of the end of March this year, the 'trillion-dollar club' for foreign currency deposits in domestic banks still consists of 6 institutions, in order: CTBC Bank with NT$1.56 trillion, Taipei Fubon Bank with NT$1.31 trillion, Bank of Taiwan with NT$1.25 trillion, Mega Bank with NT$1.21 trillion, E.Sun Bank with NT$1.2 trillion, and First Bank with NT$1.14 trillion. (Editor: Pan Yi-ching) 1150518