Taiwanese banks hold $310.53t in SME loans in June

SME loans made up 65.64% of all corporate loans in Taiwan.

Domestic banks in Taiwan extended NT$10.08t (approximately $310.53t) in loans to small and medium enterprises (SMEs) as of end-June 2024, according to data from the Financial Supervisory Commission (FSC). 

This is NT$101.3b ($3.12b) higher than in May. 

Loans extended to SMEs by domestic banks accounted for 65.64%of loans extended to all enterprises, and 68.92% of loans extended to private enterprises as of end-June. 

Average non-performing loan (NPL) ratio of the SME loans is 0.23%, a 0.01 percentage point (ppt) decrease compared to May.

(US$1 = NT$32.46; as of 13 August 2024, 5:40 PM)