Approved foreign exchange business in November 2024

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

1.Bank of China Taipei Branch to issue foreign currency denominated negotiable certificates of deposit.

2.CTBC Bank to issue dollar-denominated senior unsecured structured notes linked to equity derivatives.

3.One branch of one bank to operate the foreign exchange business. As of the end of November 2024, there were 3,459 authorized banks, including 3,419 domestic banks, 3 Mainland banks, and 37 foreign banks.