Approved foreign exchange business in May 2025
Central Bank of the Republic of China(Taiwan)
PRESS RELEASE Release Date: June 12, 2025
Approved foreign exchange business in May 2025
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.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 May 2025, there were 3,450 authorized banks, including 3,410 domestic banks, 3 Mainland banks, and 37 foreign banks.