Taiwan banks awash with cash

Focus Taiwan
Date: 2017/10/03
By: Tsa Yi-chu and Isabel Wang

Taipei, Oct. 3 (CNA) The Financial Supervisory Commission said Tuesday that

CNA file photo

Taiwan’s banks are awash with cash, with a combined record high of more than NT$10 trillion (US$328.46 billion).

The deposit balance is at NT$36.82 trillion, whereas total loan balance rounds up at NT$26.79 trillion, leading to NT$10.03 trillion in idle cash reserves.

This statistic was collected till the end of August this year.     [FULL  STORY]

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