Record Highs of Idle Funds in Taiwan

According to a statistic from Financial Supervisory Commission Taiwan, the total amount of deposits among the domestic banks is up to 36.82 trillion NTD, and the total amount of loans is 26.79 trillion NTD. That is a total amount of 10 trillion idle funds possessed by the domestic banks.

Due to the record highs of idle funds among the domestic banks, there are some banks relaxing mortgage regulations, including lowering interest rates and rising Loan-To-Value Ratios (LTV Ratio), to attract the public to apply for loans, and to cooperate with new construction plans to launch a high LTV Ratio of 80%.