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TAIWAN GIVES GO-AHEAD FOR 8 BANKS TO OPEN OFFICES IN MAINLAND.

AsiaPulse News

| October 01, 2001 | COPYRIGHT 2001 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

TAIPEI, Oct 1 Asia Pulse - The Ministry of Finance (MOF) gave the green light Friday to eight domestic banks, including the United World Chinese Commercial Bank, to set up offices in mainland China, a government official said Friday.

Seven others given the go-ahead to branch out to the mainland were the International Commercial Bank of China (TAIEX:2806), the Land Bank of Taiwan, the First Commercial Bank, the Taiwan Cooperative Bank, the Hua Nan Commercial Bank, the Chang Hwa Bank (TAIEX:2801) and the Chinatrust Commercial ...

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