Important Measures
FSC issues results of "Financial Inclusion Indicators for Taiwan (2021)" and adjusts the 2022 Indicators
2022-08-18
On 7 July 2022 the FSC issued the results of "Financial Inclusion Indicators for Taiwan (2021)" to help the public understand the status of financial inclusion in Taiwan and the effectiveness of the government's policy implementation efforts. In addition, the FSC also adjusted the performance and observatory indicators for 2022 to include new indicators that reflect Taiwan's local features.
The results of 2021 show that Taiwan outperformed the global average in some indicators and made progression compared with 2020. For example, there were in an average of 2.43 million mobile payment transactions and 166 ATMs every 100,000 adults in Taiwan. These figures were higher than the global average of 1.04 million mobile payments and 54 ATMs, and were up by 59.03% and 3.1% respectively compared with 2020. Besides, every 1,000 adults in Taiwan have 540 digital deposit accounts, which was up by 62.65% compared with 2020.
To further improve Taiwan's Financial Inclusion Indicators system, the FSC makes rolling adjustments to 2022 financial inclusion indicators, and has adopted the following three new indicators that reflect Taiwan's local features: (1) percentage of multilingual ATMs; (2) participation in the program to promote the establishment of pilot bilingual branches; and (3) performance in providing financial literacy activities for new immigrants, women, and other such groups. The FSC will adjust the indicators in a timely manner according to the development status of the financial industry, publish the results of "Financial Inclusion Indicators for Taiwan" each year, review the development of financial inclusion of our country, and improve the financial inclusion policy and its implementation to achieve inclusive growth as well as bring about a society where ordinary people enjoy well-being.
The results of 2021 show that Taiwan outperformed the global average in some indicators and made progression compared with 2020. For example, there were in an average of 2.43 million mobile payment transactions and 166 ATMs every 100,000 adults in Taiwan. These figures were higher than the global average of 1.04 million mobile payments and 54 ATMs, and were up by 59.03% and 3.1% respectively compared with 2020. Besides, every 1,000 adults in Taiwan have 540 digital deposit accounts, which was up by 62.65% compared with 2020.
To further improve Taiwan's Financial Inclusion Indicators system, the FSC makes rolling adjustments to 2022 financial inclusion indicators, and has adopted the following three new indicators that reflect Taiwan's local features: (1) percentage of multilingual ATMs; (2) participation in the program to promote the establishment of pilot bilingual branches; and (3) performance in providing financial literacy activities for new immigrants, women, and other such groups. The FSC will adjust the indicators in a timely manner according to the development status of the financial industry, publish the results of "Financial Inclusion Indicators for Taiwan" each year, review the development of financial inclusion of our country, and improve the financial inclusion policy and its implementation to achieve inclusive growth as well as bring about a society where ordinary people enjoy well-being.
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- Update: 2022-08-18