The total outstanding loans extended by the current 39 domestic banks decreased by NT$51 billion (US$1.7 billion) as compared to the figure of previous month and amounted to NT$36.6 trillion (US$1,184 billion) at the end of November 2022. Meanwhile, the NPLs of these banks totaled NT$56.26 billion (US$1.82 billion), down by NT$829 million (US$27 million) from NT$57.09 billion (US$1.85 billion) as of the end of the previous month. The average NPL ratio of the 39 banks fell to 0.15% down from 0.16% at the end of previous month, and was down by 0.04 percentage points compared to the same month last year.
The coverage ratios of allowances for NPLs increased by 15.67 percentage points and therefore rose to a figure of 869.95% from 854.28% in the previous month. The asset quality of domestic banks remained manageable according to the above figures as of the end of November 2022. The FSC will request banks to undertake measures to improve asset quality and financial structure on an ongoing basis.