[CTBC Financial Holding] On behalf of subsidiary CTBC Bank, Announcement of a Transfer of Credit Assets
CTBC Financial Holding announced that its subsidiary, CTBC Bank, has transferred financial institution debt (loans) valued at USD 35 million to Canara Bank of India. The transaction aims to activate and optimize the bank's credit asset portfolio.
📋 Article Processing Timeline
- 📰 Published: May 18, 2026 at 09:00
- 🔍 Collected: May 19, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 19, 2026 at 08:17 (17 min after Collected)
1. Name and nature of the subject matter: Financial institution receivables (loans)
2. Date of occurrence: 2026/5/18~2026/5/18
3. Board of Directors approval date: Not applicable
4. Other approval date: Approval level: Credit Committee, April 16, 2026
5. Transaction units, price per unit, and total transaction amount: Not applicable, Not applicable, USD 35,000,000
6. Counterparty and its relationship with the company: Canara Bank, IFSC Banking Unit. Not a related party.
7. If the counterparty is a related party: Not applicable
8. If the owner of the transaction subject was a related party of the company in the last five years: Not applicable
9. Matters related to the disposal of receivables: Not applicable
10. Gain (or loss) on disposal: None.
11. Payment terms, contract restrictions, and other important agreements: Payment terms: As per contract. Important agreements: As per contract.
12. Decision-making process, basis for price determination, and decision-making unit: Determined by the bank's internal final review unit; conditions are based on the contract and general market practice.
13. Net value per share of the target company: Not applicable
14. Cumulative holding status to date: Not applicable
15. Ratio of securities investment to total assets and equity: Not applicable
16. Broker and brokerage fee: Not applicable
17. Purpose of acquisition or disposal: To activate the credit asset portfolio.
18. Opinions of dissenting directors: Not applicable
19. Is this a related-party transaction: No
20. Date of approval by supervisors or audit committee: Not applicable
21. Accountant's non-reasonableness opinion: Not applicable
22. Name of accounting firm: Not applicable
23. Name of accountant: Not applicable
24. Accountant's certificate number: Not applicable
25. Does it involve a change in business model: No
26. Explanation of business model change: Not applicable
27. Transactions with the counterparty in the past year and expected in the coming year: Routine business
28. Source of funds: Not applicable
29. Date of previous material information release on the same event: Not applicable
30. Other notes: This transaction is calculated based on the exchange rate of 2026/5/14 (USD 1 = NTD 31.5270).
2. Date of occurrence: 2026/5/18~2026/5/18
3. Board of Directors approval date: Not applicable
4. Other approval date: Approval level: Credit Committee, April 16, 2026
5. Transaction units, price per unit, and total transaction amount: Not applicable, Not applicable, USD 35,000,000
6. Counterparty and its relationship with the company: Canara Bank, IFSC Banking Unit. Not a related party.
7. If the counterparty is a related party: Not applicable
8. If the owner of the transaction subject was a related party of the company in the last five years: Not applicable
9. Matters related to the disposal of receivables: Not applicable
10. Gain (or loss) on disposal: None.
11. Payment terms, contract restrictions, and other important agreements: Payment terms: As per contract. Important agreements: As per contract.
12. Decision-making process, basis for price determination, and decision-making unit: Determined by the bank's internal final review unit; conditions are based on the contract and general market practice.
13. Net value per share of the target company: Not applicable
14. Cumulative holding status to date: Not applicable
15. Ratio of securities investment to total assets and equity: Not applicable
16. Broker and brokerage fee: Not applicable
17. Purpose of acquisition or disposal: To activate the credit asset portfolio.
18. Opinions of dissenting directors: Not applicable
19. Is this a related-party transaction: No
20. Date of approval by supervisors or audit committee: Not applicable
21. Accountant's non-reasonableness opinion: Not applicable
22. Name of accounting firm: Not applicable
23. Name of accountant: Not applicable
24. Accountant's certificate number: Not applicable
25. Does it involve a change in business model: No
26. Explanation of business model change: Not applicable
27. Transactions with the counterparty in the past year and expected in the coming year: Routine business
28. Source of funds: Not applicable
29. Date of previous material information release on the same event: Not applicable
30. Other notes: This transaction is calculated based on the exchange rate of 2026/5/14 (USD 1 = NTD 31.5270).