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According to Market Intelligence, April 2023


Taiwan Business Bank to open Philippine branch

TaiwanBusiness Bank Co. Ltd. will establish a branch in Manila.

The bank's board on July 13 approved a plan to open a newbranch in Manila with an operating fund of 2 billion pesos, the bank said thesame day.

As of July 14, US$1was equivalent to 46.98 Philippine pesos.