Asset Quality of the Credit Departments of Farmers' and Fishermen's Associations as of the End of January 2025
- 發布日期
- 2025-03-04
- 內容
第686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 decreased by NT$ 11.6 billion (US$0.355 billion) from NT$2,305.1 billion (US$70.531 billion) of the previous month and amounted to NT$2,293.5 billion (US$70.176 billion). Total outstanding loans increased by NT$3.6 billion (US$0.110 billion) from NT$1,537.5 billion (US$47.044 billion) of the previous month and amounted to NT$1,541.1 billion (US$47.154 billion) at the end of January 2025. Meanwhile, the NPLs of these credit departments totaled at NT$3.988 billion (US$0.122 billion) which increased by NT$ 0.105 billion (US$0.0032 billion) from NT$3.883 billion (US$0.1188 billion) at the end of the previous month. The average NPL ratio of these credit departments increased by 0.01 percentage points and therefore rose to a figure of 0.26% from 0.25% of the previous month.
Of the 311 credit departments , 273 NPL ratio of less than 1%, of which 44 had NPL ratio of 0%, indicating that loan quality was quite high. The coverage ratios of allowances for NPLs decreased by 35.37 percentage points and therefore fell to a figure of 1,369.11% from 1,404.48% of the previous month.
The AFNA will continue to maintain a firm grasp of the operational situation at credit departments, and will strengthen oversight and guidance work to continue to assist credit departments to ensure sound operations, and to maintain the stable development of agricultural finance.
Note: 2025/1/24 US$≒NT$32.682