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　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$ 1.9 billion (US$0.059 billion) from NT$2,224 billion (US$69.819 billion) of the previous month and amounted to NT$2,225.9 billion (US$69.878 billion). Total outstanding loans increased by NT$7.8 billion (US$0.245 billion) from NT$1,350.1 billion (US$42.384 billion) of the previous month and amounted to NT$1,357.9 billion (US$42.629 billion) at the end of August 2023. Meanwhile, the NPLs of these credit departments totaled at NT$3.766 billion (US$0.1182 billion) which increased by NT$ 0.005 billion (US$0.0001 billion) from NT$3.761 billion (US$0.1181 billion) at the end of the previous month. The average NPL ratio of these credit departments kept flat at 0.28% at the previous month and the same month last year.

　Of the 311 credit departments , 272 NPL ratio of less than 1%, of which 47 had NPL ratio of 0%, indicating that loan quality was quite high. The coverage ratios of allowances for NPLs increased by 2.67 percentage points and therefore rose to a figure of 1,208.60% from 1,205.93% 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: 2023/8/31 US$≒NT$31.854