第 453號 2021-6-8

The Bureau of Agricultural Finance, Council of Agriculture, Executive Yuan (the BOAF) has released that total deposits extended by the current 311 Credit Departments of Farmers' and Fishermen's Associations increased by NT$ 7.8 billion (US$0.279 billion) from NT$2,032.9 billion (US$72.733 billion) of the previous month and amounted to NT$2,040.7 billion (US$73.013 billion). Total outstanding loans increased by NT$3.4 billion (US$0.122 billion) from NT$1,230.7 billion (US$44.032 billion) of the previous month and amounted to NT$1,234.1 billion (US$44.154 billion) at the end of Apr. 2021. Meanwhile, the NPLs of these credit departments totaled at NT$4.66 billion (US$0.167 billion) which increased by NT$ 0.08 billion (US$0.003 billion) from NT$4.58 billion (US$0.164 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 0.38% from 0.37% of the previous month.

Of the 311 credit departments , 257 had non-performing loan ratios of less than 1%, of which 48 had non-performing loan ratios of 0%, indicating that loan quality was quite high. The coverage ratios of allowances for NPLs decreased by 13.89 percentage points and therefore fell to a figure of 836.26% from 850.15% of the previous month.

The BOAF 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: 2021/4/30 US$≒NT$27.950