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CTBC Bank sells performing loan assets to Bank of Kaohsiung

Taiwan's CTBC Bank Co. Ltd. sold performing loan assets worth HK$18.5 million and US$10 million to Bank of Kaohsiung Co. Ltd.

The sale occurred from Jan. 22 to March 14, the bank said March 14.

CTBC Bank is a unit of CTBC Financial Holding Co. Ltd.