Press Enter go to main content
:::

Central Bank of the Republic of China

:::

Financial Conditions (May 2021)

Central Bank of the Republic of China (Taiwan)

PRESS RELEASE                                                               Release Date: June 24, 2021                   

Financial Conditions (May 2021)

Monetary Aggregates   For the month of May 2021, the monthly growth rates of the monetary aggregates M1B and M2 (measured on a daily average basis) were 0.76% and 0.62%, respectively, both higher than those of the previous month. The annual growth rates of M1B and M2 increased from 17.73% and 8.83% of the previous month to 17.74% and 9.21%, respectively, mainly because of net foreign capital inflows and faster growth in bank loans and investments. For the first five months of this year, the average annual growth rates of M1B and M2 were 18.02% and 8.98%, respectively.

Loans and Investments of Financial Institutions   At the end of May 2021, the monthly growth rate of total outstanding loans and investments (measured on a cost basis) of monetary financial institutions was 1.16%, higher than that at the end of the previous month. Meanwhile, the annual growth rate increased from 7.00% at the end of the previous month to 7.51% mainly because of faster growth in bank claims on the private sector.  If (1) loans and investments extended by life insurance companies and (2) non-accrual loans reclassified and bad loans written off by monetary financial institutions were all taken into account, the total outstanding loans and investments of financial institutions would show an annual growth rate of 6.91%, higher than the 6.53% registered at the end of the previous month.

 

Notes: 1. The next Financial Conditions (June 2021) is scheduled for release at 16:20 on July 23, 2021.

            2. For the release schedule for the coming months, please check the CBC website at

              https://www.cbc.gov.tw/en/cp-515-102276-849a0-2.html.

 

 

Attachment(s) for download

CLOSE
TOP
TOP