, Taiwan
191 views

Taiwan’s bad loans shrank by $2.03b in January

NPL ratio for 39 domestic banks is now at 0.16%.

Non-performing loans (NPL) of 39 banks in Taiwan shrank by 4% to $2.03b in January compared to $2.11b in the previous month, according to data released by Taiwan’s Financial Supervisory Commission.

The total outstanding loans extended by the current 39 domestic banks increased by $19.17b as compared to the figures in December. Total outstanding loans are now at $1.22t by the end of January 2022.

Coverage ratios of allowances for NPLs increased by 34.62 percentage points, rising to 819.86% from 776.24% in December. The asset quality of domestic banks continuously remained manageable according to the above figures as of the end of January 2022. The FSC said it will request banks to undertake measures to improve asset quality and financial structure on an ongoing basis.

You May Also Like:

Wait and see tactics: PH central bank holds off on tightening monetary policies

Australian mortgage market to 'hold steady' in 2022

Citi to hire 200 bankers in next three years

Follow the links 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!