Taiwanese Banks' Lending to New Southbound Countries Surges by NT$230.1 Billion in First 4 Months, Reaching 287% of Target

Central News Agency, Taipei, May 25. Statistics from the Financial Supervisory Commission (FSC) show that as of the end of April this year, the outstanding balance of loans by domestic banks to New Southbound countries was NT$2.2295 trillion, an increase of NT$47.7 billion for the month. The cumulative increase for the first four months of this year was NT$230.1 billion, reaching 287% of the annual target of NT$80 billion, continuing to exceed expectations. In line with the New Southbound Policy, the FSC provides comprehensive financial support through diverse funding channels to promote development in the region. The annual growth target for total loans was NT$80 billion, which was already met in February. As of the end of April, the countries with the largest increases in total loan balance compared to the end of 2025 were Australia (up NT$77.8 billion), Singapore (up NT$53.8 billion), Vietnam (up NT$41.4 billion), and India (up NT$32.6 billion). The FSC pointed out that this is mainly due to relatively active economies in these regions, leading to increased credit demand from enterprises. Among banks, Taipei Fubon Bank, E.Sun Bank, and Taishin Bank saw the largest increases.