Taiwanese Banks' Loans Surge by Over NT$700 Billion in March, Q1 Profits Hit Record NT$174.2 Billion
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Taiwan's Financial Supervisory Commission announced that domestic banks' total loan balance increased by NT$707.7 billion in March, marking the largest monthly increase in history. This surge also propelled the banks' pre-tax profits for the first quarter to a record high of NT$174.28 billion, driven by increased demand from businesses and individuals.