The Taiwan Financial Services Commission published asset quality statistics for Taiwan’s 38 domestic banks, showing the average non-performing loan (NPL) ratio at 0.15% at the end of November 2024, down from 0.16% a month earlier. Total outstanding loans rose to TWD 41.96 trillion (USD 1,293 billion) while NPL balances fell to TWD 64.4 billion (USD 1.98 billion). Month on month, outstanding loans increased by TWD 160 billion (USD 4.93 billion) and NPLs declined by TWD 1.65 billion (USD 0.05 billion) from TWD 66.0 billion (USD 2.03 billion). The allowance coverage ratio for NPLs increased by 24.39 percentage points to 881.75% from 857.36%. The FSC assessed domestic banks’ asset quality as manageable based on these figures and indicated it will continue requiring banks to take measures to improve asset quality and financial structure.
Taiwan Financial Services Commission 2025-01-07
Taiwan Financial Services Commission reports domestic banks’ NPL ratio fell to 0.15% at end-November 2024
The Taiwan Financial Services Commission reported a decrease in the average non-performing loan (NPL) ratio for Taiwan's 38 domestic banks to 0.15% in November 2024, with total outstanding loans rising to TWD 41.96 trillion (USD 1,293 billion). NPL balances fell to TWD 64.4 billion (USD 1.98 billion), and the allowance coverage ratio increased to 881.75%. The FSC deemed asset quality manageable and will continue mandating measures for improvement.