農業金融署

第445號 2021-5-4

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$ 2.9 billion (US$0.101 billion) from NT$2,030 billion (US$71.151 billion) of the previous month and amounted to NT$2,032.9 billion (US$71.252 billion). Total outstanding loans increased by NT$1.7 billion (US$0.06 billion) from NT$1,229 billion (US$43.076 billion) of the previous month and amounted to NT$1,230.7 billion (US$43.136 billion) at the end of Mar. 2021. Meanwhile, the NPLs of these credit departments totaled at NT$4.58 billion (US$0.161 billion) which decreased by NT$ 0.03 billion (US$0.001 billion) from NT$4.61 billion (US$0.162 billion) at the end of the previous month. The average NPL ratio of these credit departments decreased by 0.01 percentage points and therefore fell to a figure of 0.37% from 0.38% of the previous month.

Of the 311 credit departments , 258 had non-performing loan ratios of less than 1%, of which 50 had non-performing loan ratios of 0%, indicating that loan quality was quite high. The coverage ratios of allowances for NPLs increased by 7.86 percentage points and therefore rose to a figure of 850.15% from 842.29% 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: 2021/3/31 US$≒NT$28.531