第690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$ 12.8 billion (US$0.39 billion) from NT$2,293.5 billion (US$69.881 billion) of the previous month and amounted to NT$2,306.3 billion (US$70.271 billion). Total outstanding loans increased by NT$ 1 billion (US$0.03 billion) from NT$1,541.1 billion (US$46.956 billion) of the previous month and amounted to NT$1,542.1 billion (US$46.987 billion) at the end of February 2025. Meanwhile, the NPLs of these credit departments totaled at NT$3.981 billion (US$0.1213 billion) which decreased by NT$ 0.007 billion (US$0.0002 billion) from NT$3.988 billion (US$0.1215 billion) at the end of the previous month. The average NPL ratio of these credit departments kept flat at 0.26%.

　Of the 311 credit departments , 272 NPL ratio of less than 1%, of which 45 had NPL ratio of 0%, indicating that loan quality was quite high. The coverage ratios of allowances for NPLs increased by 2.66 percentage points and therefore rose to a figure of 1,371.77% from 1,369.11% 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: 2025/2/27 US$≒NT$32.820