The Central Bank of Taiwan published its May 2025 foreign exchange business approvals, authorizing new foreign-currency issuance activities for Taishin International Bank and CTBC Bank and approving one additional branch to operate foreign exchange business. Taishin International Bank was approved to issue foreign currency denominated negotiable certificates of deposit. CTBC Bank was approved to issue dollar-denominated senior unsecured structured notes linked to equity derivatives. As of the end of May 2025, the Central Bank reported 3,450 authorized banks, comprising 3,410 domestic banks, 3 Mainland banks, and 37 foreign banks.
Central Bank of Taiwan 2025-06-12
Central Bank of Taiwan approves May 2025 foreign exchange business authorizations for Taishin foreign currency negotiable certificates of deposit and CTBC dollar structured notes
In May 2025, the Central Bank of Taiwan authorized Taishin International Bank to issue foreign currency denominated negotiable certificates of deposit and CTBC Bank to issue dollar-denominated senior unsecured structured notes linked to equity derivatives. The Central Bank reported a total of 3,450 authorized banks, including domestic, Mainland, and foreign banks.