Fubon Financial Holding Co. Ltd. unit Taipei Fubon Commercial Bank Co. Ltd. sold US$50 million of performing loan assets to Hong Kong-based Shanghai Commercial Bank Ltd.
The assets were sold March 19, according to a same-day stock exchange filing.
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Taipei Fubon Commercial Bank sells US$50M of loan assets
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Fubon Financial Holding Co. Ltd. unit Taipei Fubon Commercial Bank Co. Ltd. sold US$50 million of performing loan assets to Hong Kong-based Shanghai Commercial Bank Ltd.
The assets were sold March 19, according to a same-day stock exchange filing.