Local banks’ exposure to China decreased last year

Taipei Times
Date:  Apr 20, 2015
By: Staff writer, with CNA

Lending from banks operating in Taiwan to China as of the end of December last year fell from the end of September, reflecting a decline in deposits placed by local banks in the Bank of China’s Taipei branch, the central bank (中華民國中央銀行) said.

Still, China remained the largest debtor to Taiwan’s banks, central bank statistics showed.

The bank said that outstanding international claims by Taiwanese banks to China on a direct-risk basis as of the end of December totaled US$49.14 billion, down 4.3 percent from the prior quarter.     [FULL  STORY]

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