第 338 號 2018-12-4

The Bureau of Agricultural Finance, Council of Agriculture, Executive Yuan (the BOAF) has released that total outstanding loans extended by the current 311 Credit Departments of Farmers' and Fishermen's Associations increased by NT$4 billion (US$0.135 billion) as compared to the number of previous month and amounted to NT$1,112 billion (US$35.9 billion) at the end of Oct. 2018. Meanwhile, the NPLs of these credit departments totaled at NT$5.164 billion (US$0.167 billion) which decreased by NT$0.152 billion (US$0.005 billion) from NT$5.316 billion (US$0.172 billion) at the end of the previous month. The average NPL ratio of these credit departments decreased by 0.02 percentage points and therefore fell to a figure of 0.46% from 0.48% of the previous month.

The coverage ratios of allowances for NPLs increased by 18.57 percentage points and therefore rose to a figure of 639.33% from 620.76% of the previous month.

The BOAF will request the credit departments to undertake measures to improve asset quality and financial structure on an ongoing basis.

Note: 2018/10/31 US$≒NT$30.968