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Taipei Fubon Commercial Bank sells US$85M of performing loans

Fubon Financial Holding Co. Ltd. unit Taipei Fubon Commercial Bank Co. Ltd. sold US$85 million of performing loans to five Taiwanese lenders.

As part of the management of Taipei Fubon Commercial Bank's loan portfolio, the bank sold syndicated loans to First Commercial Bank Co. Ltd., Hua Nan Commercial Bank Ltd., Taiwan Cooperative Bank Ltd., Taishin International Bank Co. Ltd. and E.SUN Commercial Bank Ltd., according to a Feb. 23 stock exchange filing.