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Taiwan banks' overdue loan ratio fell to 6.11% at end-March.
(From Taiwan Economic News)
Taipei, April 30, 2003 (CENS)--The average overdue loan ratio of Taiwan's domestic banks fell slightly to 6.11% in March from 6.12% at the end of December, the Bureau of Monetary Affair said yesterday. However, including loans under watch, the average overdue loan ratio was 8.6% at the end of March, the bureau said. According to the BOMA statistics, seven banks had overdue loan ratios fall under 2.5%, 23 banks had ratios between 2.5% and under 5%, and 15 banks recorded ratios of between 5% and under 15%. But seven banks had bad loan ratios of over 15%, the bureau said. Meanwhile, the Ministry of Finance also announced a draft on management …
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