Approved foreign exchange business in April 2013

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

1. Sunny Bank to conduct  FCY Options.

2. Capital Securities and IBT Securities to underwrite Formosa Bonds.

3. HSBC Securities to commence buying or selling foreign bonds for customers.

4. Value Partners Concord Asset Management Co. to handle public offers or private placement of funds in foreign currencies (including Renminbi) .

5. Fubon Asset Management to conduct foreign currency discretionary investment business.

6. 8 branches of 3 banking enterprises to operate foreign exchange business. As of the end of April 2013, there were 3,290 authorized foreign exchange banks, including 3,252 domestic banks, 2 Mainland banks and 36 foreign banks.