Taiwanese Banks' Exposure to China Grows to NT$1.76 Trillion in September

Taiwan's domestic banks' overall risk exposure to the Chinese market totaled NT$1.76 trillion (US$58.67 billion) at the end of September, accounting for 68% of the total net worth and slightly up NT$10 billion (US$333.33 million) from NT$1.75 trillion (US$58.33 billion) of a month earlier, according to the statistics released by Taiwan's Financial Supervisory Commission (FSC).

Taiwanese banks witnessed an uptrend in risk exposure to China over the last several months to result in monthly rise in exposure-to-net-worth ratio. In June the said ratio stood at 62%, 65% in July,  68% in August and 69% in September.

Among the banks, Bank SinoPac recorded the highest 92% in such ratio. Taipei Fubon Commercial Bank and Mega International Commercial Bank closely followed with corresponding 90% and 87%, respectively. In terms of exposure value, Mega had the highest of NT$164.538 billion (US$5.48 billion) and the other banks with value exceeding NT$100 billion (US$3.33 billion) included Bank of Taiwan, CTBC Bank, and Taipei Fubon. (JL)

Taiwanese Banks' Risk Exposure Value to China as of September
Bank	Exposure value (NT$B.)
Mega	164.53
CTBC	128.2
Taipei Fubon	119.7
Cathay United Bank	99.84
Chang Hua Bank	90.68
Bank SinoPac	80.95
Shanghai Commercial & Savings Bank	75.06
Taishin International Bank	58.54
Yuanta Bank	36.32
Jih Sun International Bank	14.79

Source: FSC