Mega International Commercial Bank Announces Transfer of Schuldschein Loan Credit Assets

Key facts

  • Mega International Commercial Bank Announces Transfer of Schuldschein Loan Credit Assets
  • Mega International Commercial Bank has announced the transfer of Schuldschein loan credit assets to Barclays Bank Ireland PLC for EUR 20.54 million, resulting in a disposal loss of EUR 1.96 million. The transaction was approved internally and does not involve related parties.
  • Source: PR Times
  • Date: June 16, 2026

Direct answer

Mega International Commercial Bank has announced the transfer of Schuldschein loan credit assets to Barclays Bank Ireland PLC for EUR 20.54 million, resulting in a disposal loss of EUR 1.96 million. The transaction was approved internally and does not involve related parties.

Citation
Mega International Commercial Bank Announces Transfer of Schuldschein Loan Credit Assets (June 16, 2026), PR Times
Source
PR Times
Date
June 16, 2026
Mega International Commercial Bank has announced the transfer of Schuldschein loan credit assets to Barclays Bank Ireland PLC for EUR 20.54 million, resulting in a disposal loss of EUR 1.96 million. The transaction was approved internally and does not involve related parties.

📋 Article Processing Timeline

  • 📰 Published: June 16, 2026 at 09:00
  • 🔍 Collected: June 17, 2026 at 17:00 (32h 0m after Published)
  • 🤖 AI Analyzed: June 18, 2026 at 17:55 (24h 54m after Collected)
1. Name and nature of the subject matter (if preferred shares, specify issuance terms such as dividend rate):
Transfer of Schuldschein Loans credit assets.

2. Date on which the fact occurred: 115/6/16 ~ 115/6/16

3. Board approval date: June 12, 115 (Republic of China calendar)

4. Other approval dates: Not applicable

5. Number of trading units, unit price, and total transaction amount:
Not applicable.
Not applicable.
EUR 20,540,000.

6. Counterparty and its relationship with the company (if the counterparty is a natural person and not a related party of the company, name disclosure may be omitted):
Barclays Bank Ireland PLC
Not a related party.

7. If the counterparty is a related party, state the reason for selecting the related party, the previous transferor, the relationships among the previous transferor, the company, and the counterparty, the previous transfer date, and transfer amount:
Not applicable.

8. If the owner of the subject matter was a related party of the company within the past five years, state the related party's acquisition and disposal dates, price, and relationship with the company at the time:
Not applicable.

9. Matters related to the disposal of claims (including types of collateral attached to the disposed claims; if claims against related parties are involved, state the related party's name and the book value of the disposed claim):
Not applicable.

10. Disposal gain (or loss) (not applicable if acquiring securities) (if deferred, list recognition schedule):
Disposal loss of EUR 1,960,000.

11. Delivery or payment terms (including payment period and amount), contractual restrictions, and other important agreements:
Conducted in accordance with the debt purchase and sale agreement.

12. Decision-making method for this transaction, reference basis for price determination, and decision-making unit:
Approved under the bank's internal authorization levels; terms based on contract and general market practices.

13. Net asset value per share of the securities-issuing company acquired or disposed:
Not applicable.

14. Cumulative holdings (including this transaction) of the securities involved in terms of quantity, amount, ownership percentage, and restricted rights (e.g., pledge status) to date:
Not applicable.

15. Cumulative proportion of securities investments (including this transaction) under Article 3 of the 'Regulations on the Acquisition or Disposal of Assets by Publicly Issued Companies' to the company's total assets and equity attributable to owners of the parent in the most recent financial statements, and the amount of working capital in the most recent financial statements:
Not applicable.

16. Broker and brokerage fees:
Not applicable.

17. Specific purpose or use of the acquisition or disposal:
Sale of the original claim.

18. Dissenting director's opinion on this transaction:
Not applicable.

19. Is this transaction a related-party transaction? No

20. Date of supervisor's approval or audit committee's consent:
Not applicable.

21. Did the accountant issue a non-reasonableness opinion on this transaction? Not applicable

22. Name of the accounting firm:
Not applicable.

23. Name of the accountant:
Not applicable.

24. Accountant's practice certificate number:
Not applicable.

25. Does this involve a change in business model? No

26. Explanation of business model change:
Not applicable.

27. Transaction history with the counterparty in the past year and expected in the next year:
None.

28. Source of funds:
Not applicable.

29. Previous date of material information disclosure regarding the same event: Not applicable

30. Other explanatory matters:
None.

FAQ

What are Schuldschein Loans?

Schuldschein Loans are private placement debt instruments issued in Europe, known for higher yields but lower liquidity.

How does this transaction affect Mega Bank's financials?

Short-term loss recognized, but improves capital adequacy ratio by reducing risk-weighted assets.

Why transact with an Irish bank?

Ireland serves as a key European financial hub, commonly used by global banks for EU market access.