第361號 2019-8-1

The Bureau of Agricultural Finance, Council of Agriculture, Executive Yuan (the BOAF) has released that total outstanding loans extended by the current 311 Credit Departments of Farmers' and Fishermen's Associations increased by NT$4.5 billion (US$0.145 billion) as compared to the number of previous month and amounted to NT$1,145 billion (US$36.85 billion) at the end of Jun. 2019. Meanwhile, the NPLs of these credit departments totaled at NT$5.526 billion (US$0.178 billion) which decreased by NT$0.007 billion (US$0.0002 billion) from NT$5.533 billion (US$0.178 billion) at the end of the previous month. The average NPL ratio of these credit departments kept flat at 0.48% , compared to that at the end of previous month.

The coverage ratios of allowances for NPLs increased by 1.34 percentage points and therefore rose to a figure of 627.81% from 626.47% of the previous month.

The BOAF will request the credit departments to undertake measures to improve asset quality and financial structure on an ongoing basis.

Note: 2019/6/30 US$≒NT$31.072