| dc.contributor.advisor | 林信助 | zh_TW |
| dc.contributor.author (Authors) | 林靜慧 | zh_TW |
| dc.contributor.author (Authors) | Helen Lin | en_US |
| dc.creator (作者) | 林靜慧 | zh_TW |
| dc.creator (作者) | Helen Lin | en_US |
| dc.date (日期) | 2007 | en_US |
| dc.date.accessioned | 17-Sep-2009 18:54:19 (UTC+8) | - |
| dc.date.available | 17-Sep-2009 18:54:19 (UTC+8) | - |
| dc.date.issued (上傳時間) | 17-Sep-2009 18:54:19 (UTC+8) | - |
| dc.identifier (Other Identifiers) | G0095933004 | en_US |
| dc.identifier.uri (URI) | https://nccur.lib.nccu.edu.tw/handle/140.119/33954 | - |
| dc.description (描述) | 碩士 | zh_TW |
| dc.description (描述) | 國立政治大學 | zh_TW |
| dc.description (描述) | 國際經營管理碩士班(IMBA) | zh_TW |
| dc.description (描述) | 95933004 | zh_TW |
| dc.description (描述) | 96 | zh_TW |
| dc.description.abstract (摘要) | 台灣消費性信用緊縮之研究─以雙卡風暴為例 | zh_TW |
| dc.description.abstract (摘要) | AbstractTaiwan has suffered a credit crisis on unsecured lending products that began at the end of 2005. The default on credit cards and cash card products have incurred almost 300 billion NT dollars to be written off during the period from October 2005 to the end of 2007, hitting the highest amount of none-performing loans (NPL) for Taiwan’s plastic payment history. This thesis gives a comprehensive account on the development of credit cards and cash card products, while cross–examining their relation to (1) the over-banking phenomena, (2) the over-lending with proliferation of unsecured lending products, and (3) the stressed economy, and, in the end, provides my recommendation for unsecured consumer financial product development in Taiwan. | en_US |
| dc.description.tableofcontents | Table of ContentsAbstract iiAcknowledgement iiiList of Figures viList of Tables viiList of Terms and Abbreviation ix1. Introduction 11.1. Background 11.2. Literature Review and Objectives 32. Research Methodology 52.1. Methodology and Hypotheses 52.2. Analytical Procedures 63. Over-banking and Financial Liberalization 73.1. Financial Liberalization 83.2. Financial Reform in 2001 & 2003 123.3. Financial Performance 153.4. Reshuffling the Business Focus in Post Consumer Dual Cards Crisis 194. Over-Lending and Proliferation of Unsecured Products 214.1. Characteristic of Credit Card Issuers (new entrants) 224.2. Chronicle History of the Credit Card Development 224.3. Credit Card and Its Financial Mechanism 234.4. Marketing Practices 254.5. Revolving Balance Acceleration 294.6. Cash Card 304.7. Dual cards Performance Summaries 314.8. Unsecured Consumer Lending 324.9. Asset Backed Security – Asset Revitalization 335. Stressed Economy 355.1. Overview of the Market Economics 355.2. Per Capita Consumer Spending to Disposable Income 376. Empirical Finding 396.1. Data Selection and Correlation Analysis 396.2. Regression Analysis 427. Conclusion 46References 48Appendices 49A. Data Selection For Empirical Analysis 49B. National Credit Card Center 51C. Join Credit Information Center 52D. Financial Supervisory Commission 52E. GDP Detail Break Down 53F. Financial Performance of ChinaTrust FHC and Taishin FHC 54G. Domestic Banks’ Abridged Income Statement, Consolidated by FSC 56 List of FiguresFigure 1 Percentage of Growth for Banks, Branches, and Employees 12Figure 2 Growth Rates to Year 1991 for Population, GDP, Financial Industry GDP Output, and Banking GDP Output 18Figure 3 Annual Growth Rates on Population, GDP, Financial Industry GDP Output, and Banking GDP Output 19Figure 4 Credit Cards in Force (CIF) from 1991 to 2007 27Figure 5 Credit Cards Billing from 1991 to 2007 28Figure 6 Revolving Balance from 1998 to 2007 30Figure 7 Real GDP 36Figure 8 Unemployment Rate 36Figure 9 Consumer Spending to Disposable Income 37Figure 10 Credit Cards Billing 37 List of TablesTable 1 Number of Banks, Branches, Employees 10Table 2 Number of Employees in Financial Institutions 11Table 3 Taiwan’s Top 15 Financial Institutions by Net Worth 14Table 4 ROA and ROE of Domestic Banks 15Table 5 Financial Industry’s Output to GDP 17Table 6 Chronicle History of Credit Card Development 23Table 7 Summery of Acquisition Programs 26Table 8 Summary of Usage Incentives and Rewards 28Table 9 Summery of Stimulate Revolving Balance 29Table 10 Credit Cards and Cash Cards - CIF 31Table 11 Credit Cards and Cash Cards – Outstanding Balance 31Table 12 Credit Cards and Cash Cards – Write-off 32Table 13 Total Consumer Loan vs. Unsecured Loan 33Table 14 Nominal GDP, CPI, Real GDP 35Table 15 Variables Correlation Analysis 41Table 16 Date Used for Regression Model 43Table 17 Regression Results 44Table A-1 Data Sets from Period 1991 to 2007 49Table A-2 Data Sets from June 2004 to December 2007 50Table A-3 GDP Detail Break Down 53Table A-4 Taishin Financial Holding Co Ltd: Operational Indicators 54Table A-5 Chinatrust Financial Holding Co Ltd: Operational Indicators 55Table A-6 Fubon Bank’s Abridged Income Statement 56Table A-7 Hua Nan Bank’s Abridged Income Statement 56Table A-8 China Development Bank’s Abridged Income Statement 57Table A-9 Cathay Bank’s Abridged Income Statement 57Table A-10 E. SUN Bank’s Abridged Income Statement 58Table A-11 Mega Bank’s Abridged Income Statement 58Table A-12 Yuanta Bank’s Abridged Income Statement 59Table A-13 Taishin Bank’s Abridged Income Statement 59Table A-14 Shin Kong Bank’s Abridged Income Statement 60Table A-15 SinoPac Bank’s Abridged Income Statement 60Table A-16 Chinatrust Bank’s Abridged Income Statement 61Table A-17 First Bank’s Abridged Income Statement 61Table A-18 Jih Sun Bank’s Abridged Income Statement 62 List of Terms and Abbreviation Billings Total Charges incurred on the cards; also referred to as spend or charge volume.Card Fees Revenue earned from card membership fee; usually assessed on an annual basis.Card In Force (CIF) The number of cards that are issued and outstanding at any given moment.Credit Card Cards that have a range of revolving payment terms, grace period, benefits, rate and fees structured issuered by financial institutions, banks and other business (retail store, airlines etc.)Cash Card A cash card is a plastic card which provides an alternative to cash, and its functionality is more similar to a loan taken from bank`s credit line. Financial Holding Company (FHC) A bank holding company is any entity that directly or indirectly owns, controls or has the power to vote 25% or more of a class of securities of a bank.Financial Supervisory Commission (FSC) The commission is set up to consolidate the supervision of banking, securities and insurance industries under one roof, as well as to integrate the tasks of examining these industriesInterchange Fees that compensate the issuing bank for credit collection, float and plastic issuance.Interest Revenue Interest revenue includes interest earned on revolving card products.Joined Credit Information Center (JCIC) The center responsible for collecting, processing, and exchanging credit data among financial institutions.National Credit Card Center (NCCC) The center is setup to provide Taiwan domestic authorization, clearing and settlement services of the credit card transactions Non-Performing Loan (NPL) It is referring to loan that become non-performing after being in default for 3 to 6 months.Revolve Balance The amount of charge volume a card member does not settled each billing cycle. Bank earns interest on revolved balance. Write Off Write-off refers to a bad loan that is declared uncollectible after 6 months, and removing it from the account receivable. Source: American Express GNS Financial Dictionary, Financial Supervisory Commission, and National Credit Card Center | zh_TW |
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| dc.language.iso | en_US | - |
| dc.source.uri (資料來源) | http://thesis.lib.nccu.edu.tw/record/#G0095933004 | en_US |
| dc.subject (關鍵詞) | 信用卡 | zh_TW |
| dc.subject (關鍵詞) | 現金卡 | zh_TW |
| dc.subject (關鍵詞) | 雙卡風暴 | zh_TW |
| dc.subject (關鍵詞) | 銀行過多 | zh_TW |
| dc.subject (關鍵詞) | 信用擴張 | zh_TW |
| dc.subject (關鍵詞) | 經濟緊縮 | zh_TW |
| dc.title (題名) | 台灣消費性信用緊縮之研究─以雙卡風暴為例 | zh_TW |
| dc.title (題名) | Study on the consumer credit crisis in Taiwan - An Analysis of the credit card and cash card crisis | en_US |
| dc.type (資料類型) | thesis | en |
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