農業金融署

第588號

　　Agricultural Finance Agency , Ministry of Agriculture (the AFNA) has released that total deposits extended by the current 311 Credit Departments of Farmers' and Fishermen's Associations increased by NT$ 11.4 billion (US$0.366 billion) from NT$2,209 billion (US$70.949 billion) of the previous month and amounted to NT$2,220.4 billion (US$71.315 billion). Total outstanding loans increased by NT$5 billion (US$0.161 billion) from NT$1,334.6 billion (US$42.865 billion) of the previous month and amounted to NT$1,339.6 billion (US$43.026 billion) at the end of June 2023. Meanwhile, the NPLs of these credit departments totaled at NT$3.693 billion (US$0.119 billion) which increased by NT$ 0.25 billion (US$0.008 billion) from NT$3.443 billion (US$0.111 billion) at the end of the previous month. The average NPL ratio of these credit departments increased by 0.02 percentage points and therefore rose to a figure of 0.28% from 0.26% of the previous month , and kept flat at 0.28% the same month last year.

　　Of the 311 credit departments , 273 NPL ratio of less than 1%, of which 41 had NPL ratio of 0%, indicating that loan quality was quite high. The coverage ratios of allowances for NPLs decreased by 84.75 percentage points and therefore fell to a figure of 1,224.40% from 1,309.15% of the previous month.

　　The AFNA 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: 2023/6/30 US$≒NT$31.135