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CTBC Bank sells US$30M of loans to Cathay United Bank

CTBC Bank Co. Ltd. sold US$30 million worth of performing loan assets to Cathay United Bank Co. Ltd.

The transaction occurred Dec. 7, according to a same-day filing.

CTBC Bank is a unit of CTBC Financial Holding Co. Ltd., while Cathay United Bank is a unit of Cathay Financial Holding Co. Ltd.