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Statistics on relief loans handled by the government-controlled banks

In order to react positively to COVID-19, which has caused a serious impact on domestic society and the economy, government-controlled banks have actively coordinated with the policies of the competent authorities of the central government to push forward relevant bailout plans, hoping to assist businesses to overcome their difficulties. In addition to the aforesaid policy loans, the government-controlled banks also make the use their equity funds to provide special loans to the affected businesses for the needs of epidemic prevention. As of November 30, 2021, the statistics of relief loans approved by the government-controlled banks are as follows:

 

Items

Approved

No. of loans

Amount

(UnitNT$ billion)

Ministries’ corporate relief plans (renewal/extension of contracts, working capital loans, and stimulus loans)

114,770

1,185.108

Self-run

Rescheduled loans and new loans for corporate borrowers

240,073

2,565.400

Rescheduled loans and new loans for individual borrowers

25,302

192.411

Sub-total

265,375

2,757.811

Total

380,145

3,942.919

The Ministry of Finance will continue to request the government-controlled banks to actively follow the government policies to provide financial assistance under the Financial Supervisory Commission’s regulations and the banks’ credit principles. Through these plans, the government hopes to assist impacted businesses to obtain their operational funds smoothly.

Issued:National Treasury Administration Release date:2020-11-09 Last updated:2021-12-06