Taiwanese banks’ loans to SMEs rose to $305b in April

The bad loans ratio rose slightly to 0.25% as of end-April.

Loans extended by Taiwan’s domestic banks to small and medium enterprises (SMEs) rose to $305b (NT$9.88t) in April 2024.

This is an increase of NT$19.2b compared to end-March, according to data from the Financial Supervisory Commission (FSC) release in June.

Loans extended to SMEs by domestic banks accounted for 65.02% of loans to total enterprises, and 68.47% of loans to private enterprises, which is a slight decline compared to March.

The average non-performing loan (NPL) ratio of SME loans was 0.25% as of end-April, the FSC said. This isa 0.01 percentage point rise compared to the ratio in end-March.

Overall, Taiwanese banks are expected to report stable asset quality performance over the next two years, according to a separate report by Fitch Ratings.

(NT$1 = US$0.031; based on Google data as of 20 June 2024, 12:25 PM)

Follow the link s for more news on

Financial Supervisory Commission

Financial Supervisory Commission, Taiwan

Also Read

OCBC teams up with Disneyto boost new customer growth in SEA

Vietnam’s debit card payments market to be worth $65.6b in 2028

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!

I want to download the media kit