Summary
Banks in Taiwan industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Banking industry involves the activities of banks and similar institutions that offer financial services such as savings, loans, mortgages, and related services to businesses and consumers. Market value represents the total assets held by banks or related institutions in a country in a year. The market share represents the total asset held by the companies in the specific year. Geographical segmentation measures the total assets held by commercial banks of a particular region.
- The Taiwanese banking industry recorded assets of $2,530.4 billion in 2024, representing a compound annual growth rate (CAGR) of 6.0% between 2019 and 2024.
- The bank credit segment accounted for the industry's largest proportion in 2024, with total assets of $1,301.9 billion, equivalent to 51.5% of the industry's overall value.
- The Taiwanese banking industry grew by 4.3% in 2024, primarily driven by the rise in consumer credit, as individuals increasingly relied on loans for housing, education, and personal consumption. The growth in consumer credit expanded banks’ loan portfolios and strengthened their overall asset base. According to the Central Bank of the Republic of China (Taiwan), consumer credit in Taiwan rose by 9.3% in December 2024 compared to December 2023, contributing significantly to the increase in total commercial bank assets.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the banks market in Taiwan
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the banks market in Taiwan
- Leading company profiles reveal details of key banks market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Taiwan banks market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the Taiwan banks market by value in 2024?
- What will be the size of the Taiwan banks market in 2029?
- What factors are affecting the strength of competition in the Taiwan banks market?
- How has the market performed over the last five years?
- What are the main segments that make up Taiwan's banks market?
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Table of Contents
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market share
1.6. Market rivalry
1.7. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players?
7.3. What strategies do the leading players follow?
7.4. What have been the most recent market developments?
8 Company Profiles
8.1. Bank of Taiwan
8.2. CTBC Financial Holding Co Ltd
8.3. E.SUN Commercial Bank Co Ltd
8.4. Hua Nan Commercial Bank Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Taiwan banks industry value: $ billion, 2019-24
Table 2: Taiwan banks industry category segmentation: % share, by value, 2019-24
Table 3: Taiwan banks industry category segmentation: $ billion, 2019-24
Table 4: Taiwan banks industry geography segmentation: $ billion, 2024
Table 5: Taiwan banks industry value forecast: $ billion, 2024-29
Table 6: Taiwan banks industry share: % share, by value, 2024
Table 7: Bank of Taiwan: Key Facts
Table 8: Bank of Taiwan: Key Employees
Table 9: CTBC Financial Holding Co Ltd: Key Facts
Table 10: CTBC Financial Holding Co Ltd: Annual Financial Ratios
Table 11: CTBC Financial Holding Co Ltd: Key Employees
Table 12: CTBC Financial Holding Co Ltd: Key Employees Continued
Table 13: E.SUN Commercial Bank Co Ltd: Key Facts
Table 14: E.SUN Commercial Bank Co Ltd: Key Employees
Table 15: Hua Nan Commercial Bank Ltd: Key Facts
Table 16: Hua Nan Commercial Bank Ltd: Key Employees
Table 17: Taiwan Size of Population (Million), 2020-24
Table 18: Taiwan Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 19: Taiwan GDP (Current Prices, $ Billion), 2020-24
Table 20: Taiwan Inflation, 2020-24
Table 21: Taiwan Consumer Price Index (Absolute), 2020-24
Table 22: Taiwan Exchange Rate, 2019-24
List of Figures
Figure 1: Taiwan banks industry value: $ billion, 2019-24
Figure 2: Taiwan banks industry category segmentation: $ billion, 2019-24
Figure 3: Taiwan banks industry geography segmentation: % share, by value, 2024
Figure 4: Taiwan banks industry value forecast: $ billion, 2024-29
Figure 5: Forces driving competition in the banks industry in Taiwan, 2024
Figure 6: Drivers of buyer power in the banks industry in Taiwan, 2024
Figure 7: Drivers of supplier power in the banks industry in Taiwan, 2024
Figure 8: Factors influencing the likelihood of new entrants in the banks industry in Taiwan, 2024
Figure 9: Factors influencing the threat of substitutes in the banks industry in Taiwan, 2024
Figure 10: Drivers of degree of rivalry in the banks industry in Taiwan, 2024
Figure 11: Taiwan banks industry share: % share, by value, 2024