Taishin International Bank Co., Ltd., The Bank of East Asia, Limited (SEHK:23), Nanyang Commercial Bank, Limited, JPMorgan Chase Bank, N.A., Industrial Bank Co., Ltd. and Siemens Bank GmbH acquired Performing loan asset of CTBC Bank Co.,Ltd. from CTBC Bank Co., Ltd. for $26.7 million.
February 25, 2024
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Taishin International Bank Co., Ltd., The Bank of East Asia, Limited (SEHK:23), Nanyang Commercial Bank, Limited, JPMorgan Chase Bank, N.A., Industrial Bank Co., Ltd. (SHSE:601166) and Siemens Bank GmbH agreed to acquire Performing loan asset of CTBC Bank Co.,Ltd. from CTBC Bank Co., Ltd. for $26.7 million on February 26, 2024.
Taishin International Bank Co., Ltd., The Bank of East Asia, Limited (SEHK:23), Nanyang Commercial Bank, Limited, JPMorgan Chase Bank, N.A., Industrial Bank Co., Ltd. (SHSE:601166) and Siemens Bank GmbH completed the acquisition of Performing loan asset of CTBC Bank Co.,Ltd. from CTBC Bank Co., Ltd. on February 26, 2024.
Industrial Bank Co., Ltd. is a banking group organized primarily around 3 sectors of activity:
- retail banking;
- financing and investment bank;
- market bank.
Taishin International Bank Co., Ltd., The Bank of East Asia, Limited (SEHK: 23), Nanyang Commercial Bank, Limited, JPMorgan Chase Bank, N.A., Industrial Bank Co., Ltd. and Siemens Bank GmbH acquired Performing loan asset of CTBC Bank Co.,Ltd. from CTBC Bank Co., Ltd. for $26.7 million.
INDUSTRIAL BANK CO., LTD. 
