, Taiwan
A Chinatown in Taiwan. Photo by Vernon Raineil Cenzon via Unsplash.

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)

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!

Exclusives

Tokenization of trade assets to bridge financing gap
Blockchain technology could decentralize finance operations and allow easier credit access.
BCA walks the talk on sustainable finance
The Indonesian bank considers the environment and governance in its lending decisions.