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Taishin International Bank sells NT$769.4M of lending assets

Taiwan's Taishin International Bank Co. Ltd. sold NT$769.4 million performing lending assets to several banks.

The bank sold the performing lending assets to Malayan Banking Bhd., Taiwan Business Bank Co. Ltd., E.SUN Commercial Bank Ltd., Hua Nan Commercial Bank Ltd., Land Bank of Taiwan Co. Ltd., Taiwan Cooperative Bank Co. Ltd., Taichung Commercial Bank Co. Ltd., Bank of Kaohsiung Co. Ltd., Sunny Bank Ltd., First Commercial Bank Co. Ltd., First Commercial Bank Leasing and AfrAsia Bank Ltd.

Taishin International Bank is a unit of Taishin Financial Holding Co. Ltd.

As of March 20, US$1 was equivalent to NT$30.82.