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Press Releases

Approved foreign exchange business in October 2016

Central Bank of the Republic of China (Taiwan)

PRESS RELEASE                                                 Release Date: November 14, 2016                      

Approved foreign exchange business in October 2016

In line with the policy of promoting the liberalization, internationalization, and development of the foreign exchange market, the Bank approved 9 branches of 3 banks to operate foreign exchange business. As of the end of October 2016, there were 3,427 authorized banks, including 3,389 domestic banks, 3 Mainland banks and 35 foreign banks.