, Taiwan
Photo by Doston Nabatov via Unsplash.

Taiwanese banks extended $395.26m SME loans in July

SME loans accounted for 64.4% of all corporate loans.

Taiwanese banks extended approximately $395.26m (NT$12.6b) new loans to small and medium enterprises in July 2024, according to data from the Financial Supervisory Commission (FSC).

In total, domestic banks have extended $341.93m (NT$10.09t) in SME loans to date.

Loans extended to SMEs by domestic banks account for 64.4% of all corporate loans, and 67.75% of loans to private enterprises.

The average non-performing loan (NPL) ratio of SME loans was 0.24% as of end-July, rising 0.01 percentage point compared to June.

(US$1 = NT$31.88)

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!