Taiwan’s Taipei Fubon Bank plans NT$50 billion of debentures for 2017

By Marisa Wong

Morgantown, W.Va., March 22 – Fubon Financial Holding Co. announced that Taipei Fubon Bank plans to issue up to NT$50 billion, or its equivalent in other currencies, of senior financial debentures in 2017.

The debentures will have maturities of up to 30 years.

Proceeds will be used to support business development, enhance liquidity, diversify funding resources and increase mid- to long-term stable funding.

Fubon Financial is a financial services company based in Taipei, Taiwan.

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