According to statistics, the target for domestic banks' credit to new southbound countries is to increase by 72.8 billion NTD this year. As of the end of April, credit has increased by 31.2 billion NTD compared to the end of last year, reaching 42.86% of the year’s target. India has made the largest contribution, followed by Singapore.

Among the 18 new southbound countries, only Brunei and Bhutan have no actual exposure on the bank's books. According to the Financial Supervisory Commission's banking bureau, the credit balance for new southbound countries stands at 1.8516 trillion NTD, which is an increase of 115.8 billion NTD compared to April the previous year, although this reflects a decrease of 44.6 billion NTD compared to March's 1.8962 trillion NTD.

Deputy Director Hou Li-yang noted that the reduction in credit is attributed to two main factors: the significant appreciation of the New Taiwan Dollar in April and large repayments by some borrowers. As of the end of April, the top two countries with the highest credit increases were India, with an increase of 31.8 billion NTD, and Singapore, with an increase of 17.5 billion NTD, due to a relatively active economy in those areas and rising corporate credit demand.

Additionally, the five domestic banks that contributed the most to the increase in credit are: China Trust (18 billion NTD), Taishin Bank (10.3 billion NTD), Taipei Fubon Bank (9.7 billion NTD), Cathay United Bank (7.8 billion NTD), and KGI Bank (3.3 billion NTD).