Fubon Financial Announces Disposal of Non-Performing Loans on Behalf of Fubon Hyundai Life Insurance
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Fubon Financial Holding Co. announced the disposal of non-performing loans by Fubon Hyundai Life Insurance. The total transaction amount is approximately KRW 14.03 billion (approximately TWD 303 million) with Korea Asset Management Corporation (KAMCO) as the counterparty. This aims to reduce non-performing loans and improve asset quality.