Taiwan Financial Firms’ Overseas Exposure Hits Record USD1.04tr

Taiwan financial overseas exposure among financial holding companies rose 16.35% year-on-year to a record NTD33.04tr (USD1.04tr) at the end of September, Financial Supervisory Commission data showed.

Investments represented 71.7% of total exposure, which also includes interbank loans and other lending.

US exposure increased 18.11% to NTD11.7tr, accounting for a record 35.59% of the total since records began in 2015.

China remained the second-largest market, although its share fell to a record low of 6.05%.

Exposure to Japan jumped 44.89% to NTD1.85tr, while Singapore returned to the top 10 for the first time since 2015, with exposure increasing 41.35% to NTD693bn.

The shifts illustrate the changing geographical allocation of Taiwan's financial sector.