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Taipei Fubon Commercial Bank sells NT$2B of syndicated loans

Taipei Fubon Commercial Bank Co. Ltd. sold NT$2 billion worth of syndicated loans to four banks.

The loans were sold to E.SUN Commercial Bank Ltd., Yuanta Commercial Bank Co. Ltd., First Commercial Bank Co. Ltd. and Mizuho Bank Ltd., according to a May 24 stock exchange filing.

Taipei Fubon Commercial Bank is a unit of Fubon Financial Holding Co. Ltd.

As of May 24, US$1 was equivalent to NT$31.54.