The Central Bank of Taiwan published its latest monetary aggregates and financial conditions data showing faster annual growth in both money supply and credit in May 2026. On a daily average basis, annual growth in M1B rose to 9.56 percent and M2 increased to 7.83 percent, mainly because bank loans and investments grew faster. Monthly growth in May was 1.56 percent for M1B and 1.12 percent for M2. For the first five months of the year, the average annual growth rates were 7.67 percent for M1B and 6.12 percent for M2. At the end of May 2026, total outstanding loans and investments of monetary financial institutions rose 0.83 percent from the previous month, while the annual growth rate increased to 9.36 percent from 8.61 percent, mainly reflecting faster growth in bank claims on the private sector. On a broader measure that also includes loans and investments extended by life insurance companies and loans reclassified and written off by monetary financial institutions, annual growth rose to 7.68 percent from 7.07 percent. The next financial conditions release, covering June 2026, is scheduled for July 23, 2026.
Central Bank of Taiwan2025-06-18
Central Bank of Taiwan reports faster May 2026 money supply and credit growth with M2 up 7.83 percent
The Central Bank of Taiwan reported that money supply and credit growth accelerated in May 2026. Annual growth reached 9.56 percent for M1B and 7.83 percent for M2, while annual growth in total outstanding loans and investments of monetary financial institutions rose to 9.36 percent. The next financial conditions release is scheduled for July 23, 2026.