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

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)