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Tokyo Star Bank sells ¥4.51B of loans

Tokyo Star Bank Ltd. sold ¥4.51 billion of performing loans to two banks as part of its portfolio management.

The bank said May 28 that it sold ¥2.75 billion and ¥1.76 billion of performing loans to Kiraboshi Bank Ltd. and Mie Bank Ltd., respectively.

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

As of May 28, US$1 was equivalent to ¥109.36.