Central Banking

Taiwan Sept bad check ratio 0.86% vs August 0.78%

TAIWAN - Taiwan's bad check ratio in terms of the number of checks issued rose to 0.86% in September from 0.78% in August, the island's central bank said Monday.

However, in terms of the value of checks issued, the bad check ratio was 0.66% last month, down from August's 0.82%, the statement said.

For the first nine months of the year, the bad check ratio stood at 0.88% in terms of the number of checks issued, and at 0.75% in terms of the value of checks issued.

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