The Central Bank of Taiwan published its April 2026 monetary aggregates and lending data, showing faster annual growth in money supply and credit. On a daily average basis, annual growth in M1B rose to 8.25 percent and M2 to 6.45 percent, mainly owing to net capital inflows and faster annual growth in bank loans and investments. Monthly growth rates for April were 0.21 percent for M1B and 0.62 percent for M2. For the first four months of 2026, the average annual growth rates were 7.19 percent for M1B and 5.70 percent for M2. At end-April, the monthly growth rate of total outstanding loans and investments of monetary financial institutions, measured on a cost basis, was 1.01 percent, while the annual growth rate increased to 8.61 percent from 7.64 percent at end-March, mainly because of faster growth in bank claims on the private sector and government enterprises. Including loans and investments extended by life insurance companies and loans reclassified and written off by monetary financial institutions, the annual growth rate was 7.06 percent, up from 6.13 percent a month earlier. The next Financial Conditions release covering May 2026 is scheduled for 16:20 on June 18, 2026.
Central Bank of Taiwan2026-05-22
Central Bank of Taiwan reports faster April money supply and credit growth with M2 at 6.45 percent and loans and investments at 8.61 percent
The Central Bank of Taiwan reported faster annual growth in money supply and credit in April 2026, with M1B up 8.25 percent and M2 up 6.45 percent, driven by net capital inflows and stronger bank lending and investment. Total outstanding loans and investments of monetary financial institutions rose 1.01 percent month-on-month and 8.61 percent year-on-year, with broader credit measures including life insurers’ lending growing 7.06 percent annually.