Taiwan's Digital Bank Accounts Reach 29.21 Million, Annual Growth Hits Record Low of 14.2%
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According to statistics released by the Financial Supervisory Commission (FSC), the total number of digital deposit accounts in Taiwan reached 29.216 million by the end of March this year, but the annual growth rate of 14.2% marked a historic low. FSC official Wang Yun-chung attributed the slowdown to a high base of existing accounts and reduced marketing by banks, while emphasizing that demand still exists. The report also listed the top five banks by account numbers, with Taishin Bank leading.