農業金融署

第417號 2020-12-31
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$14.3 billion (US$0.496 billion) from NT$1,984.2billion (US$68.838 billion) of the previous month and amounted to NT$1,998.5 billion (US$69.335 billion). Total outstanding loans increased by NT$5.2 billion (US$0.180 billion) from NT$1,207 billion (US$41.875 billion) of the previous month and amounted to NT$1,212.2 billion (US$42.055 billion) at the end of Nov. 2020. Meanwhile, the NPLs of these credit departments totaled at NT$4.871 billion (US$0.169 billion) which decreased by NT$ 0.142 billion (US$0.005 billion) from NT$5.013 billion (US$0.174 billion) at the end of the previous month. The average NPL ratio of these credit departments decreased by 0.02 percentage points and therefore fell to a figure of 0.40% from 0.42% of the previous month.
Of the 311 credit departments , 263 had non-performing loan ratios of less than 1%, of which 45 had non-performing loan ratios of 0%, indicating that loan quality was quite high. The coverage ratios of allowances for NPLs increased by 23.02 percentage points and therefore rose to a figure of 766.39% from 743.37% 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: 2020/11/31 US$≒NT$28.824