Approved foreign exchange business in May 2024
Central Bank of the Republic of China(Taiwan)
PRESS RELEASE Release Date: June 14, 2024
Approved foreign exchange business in May 2024
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 certificates of deposit.
2.Taiwan Cooperative Bank to issue a dollar-denominated senior unsecured structured note linked to interest rate derivatives.
3.E.Sun Commercial Bank to issue a dollar-denominated senior unsecured structured note linked to exchange rate derivatives.
4.As of the end of May 2024, there were 3,469 authorized banks, including 3,429 domestic banks, 3 Mainland banks, and 37 foreign banks.