農業金融署

第659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$ 2 billion (US$0.061 billion) from NT$2,268.5 billion (US$69.086 billion) of the previous month and amounted to NT$2,266.5 billion (US$69.025 billion). Total outstanding loans increased by NT$9.3 billion (US$0.283 billion) from NT$1,464 billion (US$44.585 billion) of the previous month and amounted to NT$1,473.3 billion (US$44.868 billion) at the end of July 2024. Meanwhile, the NPLs of these credit departments totaled at NT$3.909 billion (US$0.119 billion) which decreased by NT$ 0.031 billion (US$0.001 billion) from NT$3.94 billion (US$0.12 billion) at the end of the previous month. The average NPL ratio of these credit departments kept flat at 0.27%.

　Of the 311 credit departments , 276 NPL ratio of less than 1%, of which 40 had NPL ratio of 0%, indicating that loan quality was quite high. The coverage ratios of allowances for NPLs increased by 12.88 percentage points and therefore rose to a figure of 1,282.19% from 1,269.31% 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: 2024/7/31 US$≒NT$32.836