Non-performing loan ratio of Domestic Banks (31/12/2002)
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Central Bank of China
PRESS RELEASE Release Date: February 11, 2003
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Non-performing loan ratio of Domestic Banks(31/12/2002)
1.Non-performing loan ratio of Domestic Banks
Unit: %
(table)[EXCEL][PDF]
Note : Consolidated units include domestic banking units, offshore banking units
and overseas branches of domestic banks.
2.According to the domestic banks' reporting data as of December 31, 2002, the
total outstanding of loans under consolidated basis was NT$ 14,130.7 billion and
the total outstanding of non-performing loans was NT$ 864.4 billion. The average
ratio of non-performing loans was 6.12%. Compared to the end of third quarter of
2002, the NPLs' ratio has decreased 1 percentage point.
3.According to the statistics of Joint Credit Information Center, the
non-performing loans of domestic banks classified by sectors were as follows:
Unit:%
(table)[EXCEL][PDF]
4.The NPLs' ratio fell down 1 percentage point from September 30, 2002 to the
end of 2002, including that the total loans increased 0.72% and the outstanding
of NPLs decreased 13.46%. The decrease of the outstanding of NPLs was attributed
to (1) banks wrote off bad loans in large amount; (2) banks sold NPLs to asset
management companies; (3) banks disposed of collaterals and the borrowers repaid
their debts.
5.The outstanding of loans under surveillance stood NT$386.8 billion, including
NT$103.1 billion for term loans overdue for 3 months but less than 6 months,
NT$35.2 billion for other loans whose principal not overdue or has been overdue
for less than 3 months but with interests payment overdue for more than 3 months
but less than 6 months, and NT$248.5 billion for reached NPL standard but
exempted from calculation with approval. The NPLs and loans under surveillance
totaled NT$1,251.2 billion, accounting for 8.85% of total loans(Table1). The
outstanding of loans under surveillance has decreased NT$40.6 billion since the
end of last quarter.
Table 1 Assets Quality Analysis of Local Banks
(December 31, 2002)
Non Performing Loans and Loans under Surveillance
Unit:NT$ Billion
(table)[EXCEL][PDF]
*:Exempted from calculation included:restructured loans, loans compensated by
the Credit Guaranty Funds, loans with sufficient certificate of deposits or
reserve, loans affected by the September 21st Earthquake of 1999 could be
extended the due date to repay with an agreement between the borrowers and the
banks, loans of which collaterals have been disposed by the court but the
proceeds have not been distributed, other loans granted approval by Ministry of
Finance.