[CTBC Financial] Notice of Receivables Transfer by CTBC Bank
Key facts
- [CTBC Financial] Notice of Receivables Transfer by CTBC Bank
- CTBC Bank, a subsidiary of CTBC Financial Holding, has transferred financial receivables worth 15 million USD to the Bank of Taiwan to revitalize its credit asset portfolio.
- Source: PR Times
- Date: May 21, 2026
Direct answer
CTBC Bank, a subsidiary of CTBC Financial Holding, has transferred financial receivables worth 15 million USD to the Bank of Taiwan to revitalize its credit asset portfolio.
- Citation
- [CTBC Financial] Notice of Receivables Transfer by CTBC Bank (May 21, 2026), PR Times
- Source
- PR Times
- Date
- May 21, 2026
CTBC Bank, a subsidiary of CTBC Financial Holding, has transferred financial receivables worth 15 million USD to the Bank of Taiwan to revitalize its credit asset portfolio.
📋 Article Processing Timeline
- 📰 Published: May 21, 2026 at 09:00
- 🔍 Collected: May 22, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 22, 2026 at 08:36 (36 min after Collected)
## Overview of Receivables Transfer
1. Name and Nature of Target: Financial institution receivables (loans).
2. Date of Event: May 21, 2026.
3. Transaction Amount: 15,000,000 USD.
4. Counterparty: Bank of Taiwan. Not a related party.
5. Purpose of Transaction: To revitalize the credit asset portfolio.
6. Decision Process: Approved by the internal final audit unit of the Bank. Terms are based on the contract and general market practices.
7. Other: This transaction is calculated based on the exchange rate as of May 18, 2026 (USD 1 = NTD 31.5650).
1. Name and Nature of Target: Financial institution receivables (loans).
2. Date of Event: May 21, 2026.
3. Transaction Amount: 15,000,000 USD.
4. Counterparty: Bank of Taiwan. Not a related party.
5. Purpose of Transaction: To revitalize the credit asset portfolio.
6. Decision Process: Approved by the internal final audit unit of the Bank. Terms are based on the contract and general market practices.
7. Other: This transaction is calculated based on the exchange rate as of May 18, 2026 (USD 1 = NTD 31.5650).
FAQ
Who did China Trust Commercial Bank transfer the debt to?
Bank of Taiwan.
What was the amount of this debt transfer?
15 million US dollars.
What is the purpose of the debt transfer?
To activate the debt asset portfolio.
Was this transaction conducted between related parties?
No, it was a transaction between unrelated parties.
What was the decision-making process for this transaction?
It was approved by the bank's internal final review unit and determined in accordance with the contract and general market practices.