Important Measures
NPL Ratio for Domestic Banks as of the End of November 2021
2022-01-11
The total outstanding loans extended by the current 38 domestic banks increased by NT$207 billion (US$7.44 billion) as compared to the figure of previous month and amounted to NT$33.53 trillion (US$1,205.7 billion) at the end of November 2021. Meanwhile, the NPLs of these banks totaled at NT$62.2 billion (US$2.24 billion) which decreased by NT$0.6 billion (US$0.02 billion) from NT$62.8 billion (US$2.26 billion) as of the end of the previous month. The average NPL ratio of the 38 banks remained at 0.19% compared to previous month, but was down by 0.04 percentage points compared to the same month last year.
The coverage ratios of allowances for NPLs increased by 10.99 percentage points and therefore rose to a figure of 729.44% from 718.45% of the previous month. The asset quality of domestic banks continuously remained manageable according to the above figures as of the end of November 2021. The FSC will request banks to undertake measures to improve asset quality and financial structure on an ongoing basis.
The coverage ratios of allowances for NPLs increased by 10.99 percentage points and therefore rose to a figure of 729.44% from 718.45% of the previous month. The asset quality of domestic banks continuously remained manageable according to the above figures as of the end of November 2021. The FSC will request banks to undertake measures to improve asset quality and financial structure on an ongoing basis.
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- Update: 2022-01-11