Approved foreign exchange business in May 2022

In line with the policy of promoting the liberalization, internationalization, and development of the foreign exchange market, the Bank approved the following:

1. Taishin International Bank to issue foreign currency denominated negotiable certificate of deposits.

2. CTBC Bank to engage in non-discretionary individually managed securities trust business denominated in foreign currencies.

3. E. Sun Commercial Bank to engage in non-principal protected structured products composed of foreign currency equity (including index) options linked to foreign currency principals.

4. CTBC Bank to issue a USD-denominated senior unsecured note.

5. President Securities to issue Exchange Traded Notes tracking the performance of a foreign index.

6. As of the end of May 2022, there were 3,460 authorized banks, including 3,422 domestic banks, 3 Mainland banks, and 35 foreign banks.