Taiwan’s broad money supply (M2) rose 7.83% year-on-year to a new record high of TWD 69,973 billion in May 2026, following a 6.45% increase in April. This was driven mainly by stronger growth in lending and investment activity. On a monthly basis, M2 increased 1.12%, bringing the January–May average growth rate to 6.12%. The pickup in money supply reflected firmer credit expansion across the financial system, particularly in claims on the private sector. Meanwhile, lending and investment by all monetary institutions rose 9.36%, up from 8.61% in the previous month, while adjusted lending and investment across all financial institutions increased 7.68%, compared with 7.07% previously, indicating sustained underlying credit momentum.