第636號 

　Agricultural Finance Agency , Ministry of Agriculture (the AFNA) has released that total deposits extended by the current 311 Credit Departments of Farmers' and Fishermen's Associations increased by NT$ 1.2 billion (US$0.038 billion) from NT$2,250.4 billion (US$70.347 billion) of the previous month and amounted to NT$2,251.6 billion (US$70.384 billion). Total outstanding loans increased by NT$8.2 billion (US$0.256 billion) from NT$1,418.4 billion (US$44.339 billion) of the previous month and amounted to NT$1,426.6 billion (US$44.595 billion) at the end of March 2024. Meanwhile, the NPLs of these credit departments totaled at NT$3.896 billion (US$0.1218 billion) which increased by NT$ 0.263 billion (US$0.0082 billion) from NT$3.633 billion (US$0.1136 billion) at the end of the previous month. The average NPL ratio of these credit departments increased by 0.01 percentage points and therefore rose to a figure of 0.27% from 0.26% of the previous month.

　Of the 311 credit departments , 272 NPL ratio of less than 1%, of which 39 had NPL ratio of 0%, indicating that loan quality was quite high. The coverage ratios of allowances for NPLs decreased by 90.52 percentage points and therefore fell to a figure of 1,270.53% from 1,361.05% of the previous month.

　The AFNA will continue to maintain a firm grasp of the operational situation at credit departments, and will strengthen oversight and guidance work to continue to assist credit departments to ensure sound operations, and to maintain the stable development of agricultural finance.

　Note: 2024/3/29 US$≒NT$31.990