The Financial Supervisory Commission (the FSC) has released that up until the end of December 2017, the loans extended to SMEs by domestic banks amounted to NT$6,102 billion. The amount increased by NT$72 billion as compared to the amount at the end of November 2017.
Up until the end of December 2017, the loans extended to SMEs by domestic banks accounted for 60.66% and 63.28% of total loans extended to total enterprises and private enterprises respectively, increased by 0.85 and 0.84 percentage points respectively as compared to the end of November 2017. In December 2017, the average NPL ratio of the SME loans was 0.44% and decreased by 0.03 percentage points as compared to the end of November 2017.
The FSC continues to encourage domestic banks to promote SME loans with risk control and management in place. The FSC will endeavor to foster a favorable banking environment for Small and Medium Enterprises.