Financial Supervisory Commission of the Republic o : Statistics of Credit Card & Cash Card & Electronic Stored Value Cards Business Operation as of November 2013

Statistics of Credit Card & Cash Card & Electronic Stored Value Cards Business Operation as of November 2013

1. Credit card?
As of November 2013, thirty-six credit card issuing institutions were in operation in Taiwan. The number of effective cards totaled 36.73 million (36.3 million at the end of October 2013) among which the total active cards numbered in 23.1 million (22.87 million at the end of October 2013). The balance of revolving credit decreased by NT$1.1 billion from NT$120.2 billion to NT$119.1 billion. The amount of undue balance of installment was approximately NT$69.2 billion (67.6 billion at the end of October 2013). The amount of monthly retail sales was approximately NT$152.7 billion that decreased by NT$19.2 billion as compared to NT$171.9 billion of October 2013. The amount of monthly write-off was in the neighborhood of NT$0.46 billion (NT$0.36 billion for October 2013). Average ratio of delinquency credit (pass-due over three months) against account receivables (including non-accrual amounts) was 0.30% (0.31% at the end of October 2013)?Please see Attachment 1?.
2. Cash card?
As of November 2013, eighteen financial institutions were engaged in issuing cash cards in Taiwan. Total number of effective cash cards was 0.53 million (0.54 million at the end of October 2013). Total balance of cash card loans (including non-accrual amounts) cut by NT$0.2 billion became NT$30 billion from NT$30.2 billion at the end of October 2013. The amount of monthly write-off was in the neighborhood of NT$0.06 billion (NT$0.07 billion for October 2013). The overall delinquency ratio was down from 1.269% of October 2013 to 1.132%?Please see Attachment 2?.
3. Electronic Stored Value Card?
As of November 2013, one specializing electronic stored value card institution and four commercial banks are engaging in electronic stored value card business in Taiwan. The number of effective cards totaled 34.92 million (34.25 million at the end of October 2013). The amount of monthly retail sales was approximately NT$3.8 billion (NT$3.8 billion for October 2013). The balance of stored value was NT$3.6 billion (NT$3.6 billion at the end of October 2013)?Please see Attachment3?.
4. Supervisory Measures?
In accordance with the current regulations, the FSC is required to undertake supervisory measures on a financial institution with a delinquency ratio of over 3% for its credit card or cash card operations.
(1) Credit cards?All the card-issuing institutions had delinquency ratios below 3%.
(2) Cash cards?All the card-issuing institutions had delinquency ratios below 3%.
5. Attachment 4 to 6 please see the major business information concerning credit cards, cash cards and electronic stored value cards as of November 2013?