Taiwanese banks’ total outstanding loans at $1.25t in July

The bad loans ratio remained at the same level as in June 2024.

The bad loans ratio remained at the same level as in June 2024.

The total outstanding loans extended by Taiwan’s 38 domestic banks rose by US$19.86b (NT$652b) in July 2024, compared to the previous month, data from Taiwan’s Financial Supervisory Commission showed.

In total, Taiwan’s domestic banks hold $1.25t (NT$49.89t) in outstanding loans at end-July.

The total non-performing loans (NPLs) in these banks totaled $1.98b (NT$64.97b) in July, $3.75m (NT$123m) higher than the previous month.

The average NPL ratio of the 38 banks remained at 0.16%, the same as in June 2024.

Coverage ratio is higher by 8.7 percentage points (ppt) to 850.15%.

(US$1 = approximately NT$32.836)

Financial Supervisory Commission

Financial Supervisory Commission, Taiwan

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