Taiwan Financial Groups’ Overseas Exposure Tops NT$30 Trillion for First Time as Japan Rises to No. 3

Taiwan’s Financial Supervisory Commission aggregates the overseas exposure of the island’s financial holding groups, including foreign loans, investments and other risk positions held by banking, insurance and securities subsidiaries. The measure is a key gauge of the financial sector’s cross-border allocation and concentration risk. TSMC’s expanding investment in Japan and the resulting moves by its suppliers have also accelerated the flow of financial resources into the Japanese market.

As of March 31, 2026, the groups’ total overseas exposure exceeded NT$30 trillion for the first time, setting a record. Exposure to Japan rose more than 23% from the end of 2025 amid TSMC’s expansion there, increased corporate financing demand and the translation effect of a weaker New Taiwan dollar. Japan became the third-largest country for their overseas exposure for the first time.