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CTBC Bank assigns US$15M of performing lending assets


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CTBC Bank assigns US$15M of performing lending assets

CTBC Bank Co. Ltd. assigned US$15 million worth of performing lending assets to 11 banks.

The Taiwanese lender assigned the assets to State Bank of India, Bank of Taiwan, Mega International Commercial Bank Co. Ltd., E.SUN Commercial Bank Ltd., Taiwan Business Bank Co. Ltd., Taishin International Bank Co. Ltd., Taiwan Cooperative Bank Ltd., Chang Hwa Commercial Bank Ltd., Taiwan Shin Kong Commercial Bank Co. Ltd., Land Bank and Exim Bank, according to an Aug. 7 stock exchange filing.

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