Three Foreign Banks Expand Taiwan Digital Finance Offerings Across Loans, Wealth and Deposits

Digital channels have become the main battleground for banks seeking personal-loan, wealth-management and deposit customers. DBS Bank (Taiwan), Standard Chartered Bank and HSBC Bank (Taiwan) are stepping up investment by integrating the government’s MyData service, introducing automated pricing for structured products and launching a U.S. dollar time deposit, respectively. The moves show how foreign banks are using fintech to shorten application and transaction processes and strengthen their competitiveness in Taiwan.

DBS launched its MyData personal-loan service in December 2025, with loans starting at NT$50,000, and nearly 40% of its personal-loan customers have used it. Cardholders can receive approval in as little as 15 minutes and funds in as little as one minute during business hours. Standard Chartered announced on March 26, 2026, that it was partnering with FinIQ to build a pricing platform. HSBC offered a digital-channel U.S. dollar time deposit from March 17 through June 30, with an annual rate of up to 2.6%.