trending Market Intelligence /marketintelligence/en/news-insights/trending/-rSUag2XgyPdmS1HdRShGw2 content esgSubNav
In This List

First Commercial Bank to issue NT$7B of bonds


Banking Essentials Newsletter: 7th February Edition

Case Study

A Bank Outsources Data Gathering to Meet Basel III Regulations


Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)


Banks’ Response to Rising Rates & Liquidity Concerns

First Commercial Bank to issue NT$7B of bonds

Taiwan's First Commercial Bank Co. Ltd. plans to issue NT$7 billion of perpetual noncumulative subordinated financial bonds.

The bonds were priced with coupon rate of 2.36% and will be issued Sept. 25.

Proceeds from the issuance will be used to stabilize the bank's BIS ratio, enhance its long-term capital and prepare for future business developments.

Fubon Securities, Mega Securities, Masterlink Securities and President Securities are underwriters for the issuance.

First Commercial Bank is a unit of First Financial Holding Co. Ltd.

As of Sept. 10, US$1 was equivalent to NT$30.85.