The Central Bank of Taiwan approved Taiwan Business Bank, Chang Hwa Commercial Bank and Land Bank of Taiwan to issue foreign currency-denominated negotiable certificates of deposit, and authorized Shin Kong International Securities to conduct consigned trading of foreign securities with receipts and disbursements settled in NTD or foreign currencies; as of end-July 2026, Taiwan had 3,451 authorized banks, comprising 3,411 domestic banks, three mainland Chinese banks and 37 foreign banks.
Central Bank of Taiwan approves foreign currency certificate issuance and foreign securities trading
The Central Bank of Taiwan approved three banks to issue foreign currency-denominated negotiable certificates of deposit and authorized Shin Kong International Securities to conduct consigned foreign securities trading settled in NTD or foreign currencies.