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CTBC Bank sells US$68M of performing loans to 3 banks

CTBC Bank Co. Ltd. sold US$68 million worth of performing lending assets to three other banks.

The bank said May 25 that it sold performing loans worth US$15 million, US$27 million and US$26 million to Taipei Fubon Commercial Bank Co. Ltd., E.SUN Commercial Bank Ltd. and Bank SinoPac Co. Ltd., respectively, in separate transactions.

CTBC Bank is a unit of CTBC Financial Holding Co. Ltd.