Photo by Daniel Honies via Unsplash.

Taiwanese banks extended $169.21m in SME loans in October

Loans extended to SMEs accounted for 64.2% of total loans.

Taiwan’s domestic banks held $315.84b (NT$10.27t) of loans extended to small and medium enterprises (SMEs) as of end-October 2024– with a new $169.21m (NT$5.5b) of loans extended during the month compared to September, data from the Financial Supervisory Commission showed.

Loans extended to SMEs by domestic banks accounted for 64.2% and 67.83% of total loans extended to total enterprises and private enterprises, respectively. This is 0.35 and 0.33 percentage points (ppts) lower than in September.

Average non-performing loan (NPL) ratio of the SME loans was 0.25%, a 0.03 ppt increase compared to the end of the previous month. 

Follow the link 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 design 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

NAB launches 24/7 security hub to tackle cyber and fraud threats
It will enable the bank to share information and identify threats in real-time, NAB said.
Retail Banking
UOB sets up board tech committee
The panel will guide digital strategy and oversee technology risk and operational resiliency.