Non-performing loan ratio of Domestic Banks(31/12/2001)
Central Bank of China
PRESS RELEASE Release Date: February 21 ,2002
--------------------------------------------------------------------------------
Non-performing loan ratio of Domestic Banks(31/12/2001)
I.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.
II.According to the domestic banks' reporting data as of December 31, 2001, the
total outstanding of loans under consolidated basis was NT$ 14,527.4 billion and
the total outstanding of non-performing loans was NT$ 1,087 billion. The average
ratio of non-performing loans was 7.48%. Compared to the end of third quarter of
2001, the percentage points have decreased 0.31 .
III.According to the information of Joint Credit Information Center, the
non-performing loans of domestic banks classified by sectors were as follows:
Unit:%
table[EXCEL][PDF]
IV.The NPLs' ratio fell down 0.31 percentage points from September 30, 2001 to
December 31, 2001, including that the total loans grew 1.08% and the outstanding
of NPLs decreased 2.95% . The increase of the loans was largely (1)the
increasing demand from margin credit for purchasing stocks due to the rebound of
stock market ; (2)promoting loans during the last period of the year based on
banks' policies; The decrease of the outstanding of NPLs was attributed to
(1)banks wrote off bad loans from their earnings; (2)Financial Restructuring
Fund reimbursed losses to some local banks which succeeded problem community
financial institutions. Those amounts were used to write off bad loans.
V.The outstanding of loans under surveillance stood NT$552.8billion, including
NT$182.3 billion for term loans overdue for 3 months but less than 6 months,
NT$82.6 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$287.9 billion for reached NPL standard but
exempted from calculation with approval. The NPLs and loans under surveillance
totaled NT$1,639.8 billion, accounting for 11.29% of total loans.(Table1)
Table 1 Assets Quality Analysis of Local Banks
(December 31, 2001)
Non Performing Loans and Loans under Surveillance
Unit:NT$ 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.