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Tokyo Star Bank sells US$10.9M of performing loans

Tokyo Star Bank Ltd. sold a total of US$10.9 million of performing loans in three tranches.

The bank said June 15 that it sold US$3.0 million, US$2.8 million and US$5.1 million worth of performing loans to S Bank.

Tokyo Star Bank is a unit of Taiwan's CTBC Financial Holding Co. Ltd.