Analytical accounts of the banking sector
The Republic of China
Analytical accounts of the banking sector
|Contact person||Financial Statistics Section
Economic Research Department, Central Bank of the Republic of China (Taiwan)
Internet e-mail: firstname.lastname@example.org
|( x ) News release
( ) Weekly ( x ) monthly ( ) quarterly bulletin
( ) Other
|( x ) On-line country bulletin board or database
( ) Diskette ( ) CD ROM ( ) Other
The Data: Coverage, Periodicity, and Timeliness
|Coverage characteristics||Data for the banking sector are in billions of New Taiwan dollars, covering Central Bank of the Republic of China (Taiwan) , deposit money banks (i.e. domestic banks, local branches of foreign banks, medium business banks, credit cooperative associations, and credit departments of farmers' & fishermen's associations), and the Postal Savings System, and Money Market Mutual Funds.
Data on monetary aggregates comprise M1A, M1B and M2, based on the accounts of monetary institutions (including Central Bank of the Republic of China (Taiwan) and deposit money banks) , the Postal Savings System and Money Market Mutual Funds on the averages of both daily and end-of-month figures. Among these, the annual growth of M2 is set to be an intermediate target.
Data on deposits, measured on an end-of-month basis, include demand deposits, time deposits, foreign currency deposits, postal savings deposits, repurchase agreements, Money Market Mutual Funds and government deposits.
Data on loans and investments, measured on an end-of-month basis, cover claims on public and private sectors. Data on claims on the public sector include claims on government agencies and claims on government enterprises, and those on the private sector include claims on private enterprises & others.
Data on the external position, measured on an end-of-month basis, are shown in net foreign positions (assets minus liabilities), covering the data of the central bank and deposit money banks, excluding data of offshore banking units.
|Timeliness||25 days after the end of the reference month.|
Access by the Public
|Advance dissemination of release calendar||An advance release calendar is disseminated on the CBC's Internet website. A one-week ahead notice of the confirmed/revised calendar is available in a press release issued in the morning of the first day of the release week.|
|Simultaneous release to all interested parties||A press release is available to the public at the announced time. Data are simultaneously available on the CBC's Internet website .|
|Dissemination of terms and conditions under which official statistics are produced, including ...
Confidentiality of individual responses
|Article 39 of Central Bank of the Republic of China (Taiwan) Act provides that the CBC shall collect and compile financial data for the purpose of monetary policies and economic research. Data from individual banks are confidential.|
|Identification of internal government access to data before release||The Council for Economic Planning and Development has access to the preliminary copies of press releases no sooner than one day before the date of release.|
|Identification of ministerial commentary on the occasion of statistical releases||No commentary is attached to the release of the data.|
|Provision of information about revision and advance notice of major changes in methodology||Data on month-end monetary aggregates, deposits, and loans & investments are preliminary in the first release and subject to revision in the following month. There is no advance notice of major changes in methodology. Important changes in methodology or information are published at the time they are made in the "Financial Statistics Monthly."|
|Dissemination of documentation on methodology and sources used in preparing statistics||Explanatory notes are provided on the CBC's Internet website, and also in the January and July issues of the "Financial Statistics Monthly."
(See also summary methodology)
|Dissemination of ... that support statistical cross-checks and provide assurance of reasonableness||The "Financial Statistics Monthly" provides detailed components for the balance sheets of various kinds of institutions for cross-checks. Data on deposits and loans of domestic banks show breakdowns by type, by account, by sector, and by industry.|
|Notes: Summary page on observance|