Asset Quality of the Credit Departments of Farmers' and Fishermen's Associations
- 發布日期
- 2018-11-02
- 內容
第 336 號 2018-11-2
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$3.04 billion (US$0.99 billion) as compared to the number of previous month and amounted to NT$1,108 billion (US$36.25 billion) at the end of Sep. 2018. Meanwhile, the NPLs of these credit departments totaled at NT$5.316 billion (US$0.174 billion) which decreased by NT$0.025 billion (US$0.001 billion) from NT$5.341 billion (US$0.175 billion) at the end of the previous month. The average NPL ratio of these credit departments kept flat at 0.48%, compared to that at the end of previous month.The coverage ratios of allowances for NPLs increased by 5.6 percentage points and therefore rose to a figure of 620.76% from 615.16% of the previous month.
The BOAF will request the credit departments to undertake measures to improve asset quality and financial structure on an ongoing basis.
Note: 2018/9/28 US$≒NT$30.551