The Financial Supervisory Commission has released up until the end of November 2012, the loans extended to SMEs by domestic banks amounted to NT$4,382.56 billion, increased by NT$314.80 billion as compared to the amount at the end of 2011. The increase accounts for 143.09% of the planned goal of NT$220 billion SME loans increase in 2012.
Up until the end of November 2012, the loans extended to SMEs by domestic banks accounted for 49.62% and 53.37% of total loans extended to total enterprises and private enterprises respectively, increased by 2.81 and 2.01 percentage points respectively as compared to the end of 2011. In November 2012 the average NPL ratio of the SME loans is 0.54%, decreased by 0.05 percentage points as compared to the end of 2011.
The Financial Supervisory Commission will encourage domestic banks to promote SME loans with proper risk control and management. The FSC will endeavor to foster a favorable banking environment for Small and Medium Enterprises.