Business Scope
According to Article 22 and Article 23 of the Agricultural Finance Act, the business scope of the Agricultural Bank of Taiwan is extracted as follows:
- To handle major agricultural construction financing and government agricultural project financing.
- To deal with agriculture, forestry, fishery and livestock husbandry financing to be in line with government agriculture and fishery policies.
- To handle business listed in Article 71 of the Banking Act (business that can be handled by a general commercial bank).
- To receive deposit transferred from surplus funds by the credit department of the Agriculture and the Fishery associations, and provide financing to them.
- To coach the credit department of the Agriculture and the Fishery associations of audit procedures on the business operations and financial status.
- To handle the financial assessment, performance appraisal and information sharing of the credit department of the Agriculture and the Fishery associations.
- To handle businesses that have been approved by the competent authority of central government in consultation with the Banking authority and other relevant authority.
Credit Rating
Credit Rating
| Credit Rating Agency | Latest date of rating | result of rating | other rating information | |
|---|---|---|---|---|
| Long term | short term | |||
| Taiwan Ratings Corp. | April 26, 2023 | twAAA | twA-1+ | outlook: stable |
| Credit Rating Agency | Taiwan Ratings Corp. | |
|---|---|---|
| Latest date of rating | April 26, 2023 | |
| result of rating | Long term | twAAA |
| short term | twA-1+ | |
| other rating information | outlook: stable | |
