A group of Buyer completed the acquisition of Performing loan asset of CTBC from CTBC Bank Co., Ltd. for $49.12 million.
June 24, 2024
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Arab Petroleum Investments Corporation, Commercial Bank of Dubai PSC (DFM:CBD), DZ BANK AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main, Bank of Taiwan, Taishin International Bank Co., Ltd., Taiwan Business Bank, First Commercial Bank, SBI Shinsei Bank, Limited, Bank of Kaohsiung Co., Ltd. (TWSE:2836), Land Bank of Taiwan Co., Ltd., Taiwan Shin Kong Commercial Bank Co., Ltd., Taichung Commercial Bank Co., Ltd. (TWSE:2812), Taiwan Cooperative Bank, Ltd., The San-in Godo Bank,Ltd. (TSE:8381) and Intesa Sanpaolo S.p.A. (BIT:ISP) acquired Performing loan asset of CTBC from CTBC Bank Co., Ltd. for $49.12 million on June 25, 2024.
Arab Petroleum Investments Corporation, Commercial Bank of Dubai PSC (DFM:CBD), DZ BANK AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main, Bank of Taiwan, Taishin International Bank Co., Ltd., Taiwan Business Bank, First Commercial Bank, SBI Shinsei Bank, Limited, Bank of Kaohsiung Co., Ltd. (TWSE:2836), Land Bank of Taiwan Co., Ltd., Taiwan Shin Kong Commercial Bank Co., Ltd., Taichung Commercial Bank Co., Ltd. (TWSE:2812), Taiwan Cooperative Bank, Ltd., The San-in Godo Bank,Ltd. (TSE:8381) and Intesa Sanpaolo S.p.A. (BIT:ISP) completed the acquisition of Performing loan asset of CTBC from CTBC Bank Co., Ltd. for $49.12 million on June 25, 2024.
Commercial Bank of Dubai PSC is a United Arab Emirates-based company that provides commercial banking products and services. The Bank is organized into four segments: the Corporate banking segment includes loan and other credit facilities, deposits, trade finance products and e-commerce solutions to large corporate clients; the Commercial banking segment includes loans, working capital financing, trade finance and deposits products to commercial (mid-sized) clients and business (small) clients; the Consumer banking segment includes current accounts, easy access saving accounts, fixed rate deposit accounts, personal loans, overdraft facilities, vehicle finance, mortgage products, loans and other credit facilities to high net-worth, mid-tier clients and modest income group, and the Treasury and investments segment undertakes balance sheet management deals in derivatives for trading and for risk management purposes and manages the Bankâs investment portfolio.