
The boom in the AI industry continues, and corporate capital needs are rising simultaneously. The Central Bank announced today the financial situation in August. At the end of August, the annual growth rate of lending and investment of all monetary institutions rose to 9.43%, a new high since December 1998.
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The continuation of the AI industry boom has driven companies to expand production capacity and capital needs, and the central bank regularly publishes financial statistics.
The boom in the AI industry continues, and corporate capital needs are rising simultaneously. The Central Bank announced financial conditions in August today. At the end of August, the annual growth rate of all monetary institutions' lending and investment rose to 9.43%, a new high since December 1998. Among them, the annual growth rate of bank lending rose from 9.85% at the end of July to 10.49%, a new high since January 2005, indicating that corporate capital demand continues to be strong.
Central bank officials pointed out that the annual growth rate of all monetary institutions' lending and investment rose to 9.43% at the end of August, mainly due to the increase in the annual growth rate of claims on the private sector and public utilities such as PetroChina and Taipower. Among them, the annual growth rate of lending increased from 9.85% to 10.49%, becoming the main force pushing up the overall annual growth rate of lending and investment. In comparison, the annual growth rate of investment dropped from 5.43% to 4.50%. However, officials emphasized that although the annual growth rate of investment has dropped, the amount has increased.
From an industry perspective, the central bank stated that manufacturing is the main industry that has seen an increase in lending, among which the electronic manufacturing industry and electronic component manufacturing industry have relatively obvious capital needs, which are related to the recent expansion of production capacity, purchase of machinery and equipment, and working capital needs of AI-related industries.
In terms of capital momentum in the stock market, the balance of securities transfer deposits ended two consecutive declines in August and rose to 4.5712 billion yuan, a monthly increase of 388.9 billion yuan, both a record high. The monthly average stock price index also rebounded to 45,125 points, the second highest in history. Does this mean that investor confidence is recovering?
Officials said that the balance of securities transfer deposits reached a new high, and the average annual growth rate in ten days dropped from 21.39% in July to 19.02%. The average daily trading value of Taiwan stocks also decreased in August. The overall performance is still not bad, and there is no problem of recovering or not.
In addition, the balance of foreign exchange deposits climbed to 9.4688 billion yuan at the end of August, a record high. The central bank said that domestic exports performed strongly. After exporters obtained U.S. dollars, part of the funds continued to remain in foreign exchange deposit accounts due to overseas operations and payment needs. However, due to the appreciation of the New Taiwan dollar, the annual growth rate of foreign exchange deposits dropped from 10.97% in July to 8.32%.
According to statistics from the central bank, the monthly growth rates of the average daily total money count in August, M1B and M2, were 0.72% and 0.65% respectively, while the annual growth rates dropped to 6.65% and 6.79% respectively. The decline in the annual growth rate of M2 was mainly due to the slowdown in the growth of foreign exchange deposits and demand savings deposits. The average annual growth rates of M1B and M2 from January to August this year were 7.71% and 6.62% respectively.

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