農業金融署

第607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$ 4.8 billion (US$0.149 billion) from NT$2,225.9 billion (US$68.982 billion) of the previous month and amounted to NT$2,230.7 billion (US$69.130 billion). Total outstanding loans increased by NT$12.1 billion (US$0.375 billion) from NT$1,357.9 billion (US$42.082 billion) of the previous month and amounted to NT$1,370 billion (US$42.457 billion) at the end of September 2023. Meanwhile, the NPLs of these credit departments totaled at NT$3.786 billion (US$0.1173 billion) which increased by NT$ 0.02 billion (US$0.0006 billion) from NT$3.766 billion (US$0.1167 billion) at the end of the previous month. The average NPL ratio of these credit departments kept flat at 0.28%, and was down by 0.01 percentage points compared to the same month last year.

　Of the 311 credit departments , 271 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 decreased by 0.57 percentage points and therefore fell to a figure of 1,208.03% from 1,208.60% 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: 2023/9/28 US$≒NT$32.268