The Central Bank of Taiwan published its monthly overview of renminbi (RMB) business conducted by banks, covering activity across domestic banking units (DBUs) and offshore banking units (OBUs). As of 28 February 2025, 65 authorised banks (DBUs) and 56 OBUs were conducting RMB business. At end-January 2025, RMB deposits totalled RMB 113.39 billion (RMB 82.44 billion in DBUs and RMB 30.95 billion in OBUs), compared with RMB 114.34 billion the previous month. RMB discounts and loans totalled RMB 18.27 billion (RMB 0.63 billion in DBUs and RMB 17.64 billion in OBUs), compared with RMB 19.02 billion the previous month. RMB remittances in January 2025 totalled RMB 119.66 billion (RMB 67.81 billion in DBUs and RMB 51.85 billion in OBUs), compared with RMB 240.45 billion the previous month, while no RMB negotiable certificates of deposit were reported. The Taipei Branch of the Bank of China handled RMB 356 billion of RMB settlements in February 2025.
Central Bank of Taiwan 2025-03-17
Central Bank of Taiwan publishes February 2025 RMB banking overview showing 65 DBUs and RMB 113.39 billion in deposits
The Central Bank of Taiwan released its monthly report on renminbi (RMB) business by banks, detailing activities in domestic and offshore banking units. As of February 2025, 65 domestic banking units and 56 offshore banking units were engaged in RMB transactions. Key figures include RMB deposits totaling RMB 113.39 billion and RMB remittances amounting to RMB 119.66 billion in January 2025.