Taiwan banks’ SME loans rise to $303.6b in March

The NPL ratio remained at 0.24%.

Loans extended by domestic banks in Taiwan to small and medium enterprises (SMES) amounted to about $303.6b (NT$9.86t) in March, rising by $1.73b (NT$56.2b) compared to February, according to data from the Financial Supervisory Commission.

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Loans extended to SMEs by domestic banks accounted for 65.31% and 68.75% of total loans extended to total enterprises and private enterprises respectively. This is a decrease by 0.29 and 0.24 percentage points compared to February.

Average non-performing loans (NPL) ratio was 0.24%, the same as in February.

(US$1 = NT$32.44; as of May 10, 2024, 12:34 PM)