Approved foreign exchange business in February 2023

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

1. Australia and New Zealand Banking Group Limited, Taipei Branch to issue foreign currency denominated negotiable certificates of deposit.
2. The Shanghai Commercial & Savings Bank to issue a dollar-denominated senior unsecured structured note linked to exchange rate.
3. As of the end of February 2023, there were 3,453 authorized banks, including 3,413 domestic banks, 3 Mainland banks, and 37 foreign banks.