Taiwan-based CTBC Bank Co. Ltd. sold US$29.5 million worth of loan assets to Siemens Bank GmbH's Singapore branch.
The transaction took place May 31, according to a CTBC Financial Holding Co. Ltd. statement.
Taiwan's CTBC Bank sells US$29.5M of loan assets
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Taiwan-based CTBC Bank Co. Ltd. sold US$29.5 million worth of loan assets to Siemens Bank GmbH's Singapore branch.
The transaction took place May 31, according to a CTBC Financial Holding Co. Ltd. statement.