Value of loans extended to Taiwan’s SMEs rise in May

SME loans account for 65.4% of Taiwanese banks’ corporate loans.

Taiwan’s domestic banks have extended approximately $306.9b (NT$9.98t) loans to small and medium enterprises (SMEs) as of May, according to data from the Financial Supervisory Commission.

This is higher by $2.99b (NT$97.3b) compared to end-April.

Loans extended to SMEs by domestic banks accounted for 65.4% of total loans extended to all enterprises in Taiwan. Including only private enterprises, SME loans made up 68.75% of domestic banks’ corporate loans.

The average NPL ratio of the SME loans was 0.24% as of end-May, a 0.01 percentage point decline from end-April.

(US$ 1 = NT$32.52; as of 12 July 2024, 12:27PM)

Also Read

Tighter policies drag South Korean household loan growth in September

SME loans in Taiwan rose in August

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit