Taipei skyline (Photo by Vas via Unsplash).

Taiwanese banks’ total outstanding loans at $1.25t in July

The bad loans ratio remained at the same level as in June 2024.

The total outstanding loans extended by Taiwan’s 38 domestic banks rose by US$19.86b (NT$652b) in July 2024, compared to the previous month, data from Taiwan’s Financial Supervisory Commission showed.

In total, Taiwan’s domestic banks hold $1.25t (NT$49.89t) in outstanding loans at end-July.

The total non-performing loans (NPLs) in these banks totaled $1.98b (NT$64.97b) in July, $3.75m (NT$123m) higher than the previous month.

The average NPL ratio of the 38 banks remained at 0.16%, the same as in June 2024.

Coverage ratio is higher by 8.7 percentage points (ppt) to 850.15%.

(US$1 = approximately NT$32.836)

Follow the link s for more news on

Join Asian Banking & Finance community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

APAC’s affluent move $700b to digital wealth management
These firms are adopting hybrid models that combine digital tools with limited human assistance.
Vietnam digital bank Cake debuts cloud connect CMS with Visa
It is the first bank to implement Visa Cloud Connect on Google Cloud Infrastructure. 
Cards & Payments
Hong Leong Bank's profit outlook positive amidst SME lending boost
It is projected to maintain tangible common equity at approximately 14% of risk-weighted assets.
Retail Banking
Banks gain 50% more tech capacity with productivity focus
Generative AI tools to streamline tasks can yield productivity gains of up to 30%.
Economy