The Central Bank of Taiwan published its March 2026 monetary aggregates and financial institutions’ loans and investments data, showing slightly higher money supply on the month and faster annual growth, attributed mainly to quicker expansion in bank loans and investments. The annual growth rate of total outstanding loans and investments of monetary financial institutions also increased by end-March. On a daily average basis, M1B and M2 rose 0.23% and 0.46% month on month, while annual growth increased to 7.83% for M1B and 5.79% for M2. For the first three months of 2026, average annual growth was 6.84% for M1B and 5.44% for M2. On a cost basis, total outstanding loans and investments of monetary financial institutions grew 0.85% in March and 7.64% year on year at end-March, up from 7.36% a month earlier, mainly reflecting faster growth in bank claims on the private sector and government enterprises; including life insurers and loans reclassified and written off, the comparable annual growth rate was 6.13%, up from 5.92%. The next Financial Conditions release covering April 2026 is scheduled for 16:20 on May 22, 2026.
Central Bank of Taiwan 2026-04-23
Central Bank of Taiwan reports March 2026 monetary aggregates with M1B up 7.83% and M2 up 5.79% annually
The Central Bank of Taiwan reported that March 2026 monetary aggregates and financial institutions’ loans and investments continued to expand, with money supply growth accelerating on the back of faster bank lending and investment. On a daily average basis, M1B and M2 rose 0.23% and 0.46% month on month, with annual growth at 7.83% and 5.79% respectively, while total outstanding loans and investments of monetary financial institutions grew 0.85% in March and 7.64% year on year at end-March.