[CTBC] CTBC Bank, Subsidiary of CTBC Financial Holding, Announces Transfer of Credit Assets
CTBC Bank, a subsidiary of CTBC Financial Holding, announced the transfer of $10 million in financial credit assets to Sunny Bank, Ltd. as part of routine asset portfolio management.
📋 Article Processing Timeline
- 📰 Published: May 20, 2026 at 09:00
- 🔍 Collected: May 21, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 21, 2026 at 08:29 (29 min after Collected)
1. Name and nature of target: Financial institution credit (loans)
2. Date of occurrence: May 20, 2026
3. Board approval date: N/A
4. Other authorization date: Senior Credit Officer (Feb 5, 2026)
5. Quantity, unit price, total amount: N/A, $10,000,000
6. Counterparty and relationship: Sunny Bank, Ltd. (Non-related party)
7. If counterparty is a related party, disclosure of selection reasons: N/A
8. Disclosure of history of asset ownership in the last 5 years: N/A
9. Relevant matters for credit disposal: N/A
10. Profit/Loss from disposal: None
11. Payment terms, contract restrictions: Per contract
12. Decision method, pricing basis: Internal final review, market practice
13. Net value per share of target company: N/A
14. Accumulated holding amount: N/A
15. Ratio to total assets and equity: N/A
16. Broker/Fees: N/A
17. Purpose of acquisition/disposal: To activate credit asset portfolio
18. Dissenting opinions from directors: N/A
19. Related party transaction: No
20. Audit committee approval date: N/A
21. Accountant non-reasonableness opinion: N/A
22-24. Accountant information: N/A
25. Change in business model: No
26. Description of change: N/A
27. Transactions with counterparty in the last year: Routine business
28. Source of funds: N/A
29. Prior announcement date: N/A
30. Other remarks: Calculated based on May 18, 2026 exchange rate ($1 USD = $31.5650 NTD).
2. Date of occurrence: May 20, 2026
3. Board approval date: N/A
4. Other authorization date: Senior Credit Officer (Feb 5, 2026)
5. Quantity, unit price, total amount: N/A, $10,000,000
6. Counterparty and relationship: Sunny Bank, Ltd. (Non-related party)
7. If counterparty is a related party, disclosure of selection reasons: N/A
8. Disclosure of history of asset ownership in the last 5 years: N/A
9. Relevant matters for credit disposal: N/A
10. Profit/Loss from disposal: None
11. Payment terms, contract restrictions: Per contract
12. Decision method, pricing basis: Internal final review, market practice
13. Net value per share of target company: N/A
14. Accumulated holding amount: N/A
15. Ratio to total assets and equity: N/A
16. Broker/Fees: N/A
17. Purpose of acquisition/disposal: To activate credit asset portfolio
18. Dissenting opinions from directors: N/A
19. Related party transaction: No
20. Audit committee approval date: N/A
21. Accountant non-reasonableness opinion: N/A
22-24. Accountant information: N/A
25. Change in business model: No
26. Description of change: N/A
27. Transactions with counterparty in the last year: Routine business
28. Source of funds: N/A
29. Prior announcement date: N/A
30. Other remarks: Calculated based on May 18, 2026 exchange rate ($1 USD = $31.5650 NTD).
FAQ
What does this CTBC announcement signify?
It signifies the optimization and management of their credit asset portfolio through the sale of financial debt.
What is the transaction amount?
The total transaction amount is 10 million USD.
What is the relationship with Sunny Bank?
They are non-related parties, representing a standard commercial transaction.