Friday, December 28, 2007

Taiwan Nov bad check ratio by value 0.58 pct vs 0.74 pct in Oct

Taiwan's bad check ratio in November stood at 0.58 pct by value, down from 0.74 pct in the preceding month, the central bank said.

In volume terms, the bad check ratio in November was at 0.41 pct, down from 0.44 pct in October, it said.

In the first 11 months of the year, the bad check ratio fell to an average of 0.63 pct by value from 0.64 pct a year earlier.

In volume terms, the 11-month average fell to 0.43 pct from 0.49 pct.

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