Commercial property

Who cares about COVID-19? Construction lending in Taiwan jumps to record levels

Soaring demand from property developers is helping lenders grow their loan books to record highs, as developers continue their land buying spree unfazed by the pandemic.

Banks in Taiwan are aggressively increasing lending to developers for residential and commercial construction projects, capitalising on soaring demand that remains resilient in the face of COVID-19’s impact on global economies.

¬ Haymarket Media Limited. All rights reserved.

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