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CTBC Financial Announces Credit Asset Transfer by Subsidiary CTBC Bank

NQ Score 80/100

AI Summary (NQ-processed)

CTBC Financial Holding has announced on behalf of its subsidiary, CTBC Bank, the transfer of credit assets (loans) valued at USD 35,000,000. The counterparty to the transaction is Canara Bank, IFSC Banking Unit. The purpose of this transfer is to invigorate the bank's credit asset portfolio.

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