Approved foreign exchange business in June 2025

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

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

2.Cathay Life Insurance to engage in wealth management business involving foreign exchange.

3.Nan Shan Life Insurance to engage in wealth management business involving foreign exchange.

4.Tarobo Investment Advisors LTD to act as the local mandated agent of an offshore fund institution and conduct private placement to specified counterparties.

5.As of the end of June 2025, there were 3,450 authorized banks, including 3,410 domestic banks, 3 Mainland banks, and 37 foreign banks.