(Beijing Bloomberg) In the context of the intensified real estate crisis in mainland China and the tension of geopolitical situations, Taiwan's banks are quickly withdrawn from loan transactions in mainland enterprises.
Bloomberg News reported on Friday (September 1) that Taiwan's banking industry's loan participation rate (that is, the ratio of participation in providing any syndicated or club loans to mainland borrowers) has fallen to a low point of 1.7%this year.This participation rate reached a peak of nearly 33%in 2013, fell to 4%last year.
Several Taiwanese banks who engaged in loan business in Hong Kong said that credit approval has become stricter, coupled with the headquarters about reducing risk instructions, the challenges to participate in loan transactions in mainland China have increased.Or Southeast Asia is looking for business.
Wu Zhuoyin, a senior economist of French Foreign Trade Bank (Natixis SA): "After the Sino -US trade war, geopolitical risks will definitely be concerned, but the slowdown in economic growth, rising credit risks, and intensified competition are also exit of Taiwan -funded banks.Reasons for the market. "
However, Wu Zhuoyin believes that the exit of Taiwan -funded banks may not have a significant impact on the offshore credit market in mainland China because borrowers have other sources of financing.
Bloomberg data shows that so far, mainland China has still occupied the largest share in the Asia -Pacific region (excluding Japan).
