The Central Bank of Taiwan released its monthly overview of renminbi (RMB) business conducted by banks, covering RMB activity across domestic banking units (DBUs) and offshore banking units (OBUs). As of March 31, 2025, 65 authorized banks (DBUs) and 56 OBUs were conducting RMB business. At end-February 2025, RMB deposits totaled RMB 110.98 billion (DBUs RMB 79.90 billion and OBUs RMB 31.08 billion), down from RMB 113.39 billion the previous month, while RMB discounts and loans stood at RMB 18.48 billion (DBUs RMB 0.61 billion and OBUs RMB 17.87 billion) versus RMB 18.27 billion. February 2025 remittances were RMB 182.22 billion (DBUs RMB 87.38 billion and OBUs RMB 94.84 billion), up from RMB 119.66 billion, and the Taipei Branch of the Bank of China handled RMB 471 billion of RMB settlements in March 2025.
Central Bank of Taiwan 2025-04-17
Central Bank of Taiwan publishes March 2025 overview of banks’ RMB business volumes
The Central Bank of Taiwan released its monthly overview of renminbi (RMB) business conducted by banks, detailing activities across domestic and offshore banking units. As of March 31, 2025, RMB deposits totaled RMB 110.98 billion, with RMB discounts and loans at RMB 18.48 billion. February remittances increased to RMB 182.22 billion, and the Taipei Branch of the Bank of China processed RMB 471 billion in settlements in March.