Tokyo Star Bank Ltd. sold a total of ¥1.95 billion of performing loans in two tranches.
The bank sold ¥450 million of performing loans to ORIX Bank Corp. and ¥1.5 billion to an undisclosed buyer.
Tokyo Star Bank is a unit of CTBC Financial Holding Co. Ltd.
As of March 19, US$1 was equivalent to ¥111.34.