農業金融署

第685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$54.9 billion (US$1.67 billion) from NT$2,250.2 billion (US$68.64 billion) of the previous year and amounted to NT$2,305.1 billion (US$70.32 billion). Total outstanding loans increased by NT$134.5 billion (US$4.1 billion) from NT$1,403 billion (US$42.8 billion) of the previous year and amounted to NT$1,537.5 billion (US$46.9 billion) at the end of 2024. Meanwhile, the NPLs of these credit departments totaled at NT$3.883 billion (US$0.119 billion) which increased by NT$0.443 billion (US$0.014 billion) from NT$3.44 billion (US$0.105 billion) at the end of the previous year. The average NPL ratio of these credit departments kept flat at 0.25%.

　Of the 311 credit departments , 275 had NPL ratios of less than 1%, of which 45 had NPL ratios of 0%, indicating that loan quality was quite high. The coverage ratios of allowances for NPLs decreased by 29.15 percentage points and therefore fell to a figure of 1,404.48% from 1,433.63% of the previous year. Meanwhile, the profit decreased by NT$0.086 billion (US$0.003 billion) from NT$7.691 billion (US$0.235 billion) of the previous year and amounted to NT$7.605 billion (US$0.232 billion) at the end of 2024.

　According to the above figures as of the end of 2024, the operational structure of credit departments has significantly improved. 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: 2024/12/31 US$≒NT$ 32.781