Regulatory Alerts2026-07-07
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FSC Approves Merger of Bank SinoPac Commercial Bank and King's Town Commercial Bank
The Financial Supervisory Commission (FSC) has approved the merger of Bank SinoPac Commercial Bank and King's Town Commercial Bank, with Bank SinoPac as the surviving entity. Bank SinoPac Financial Holding Company is set to complete the acquisition of King's Town Bank by October 1, 2025, after the merger was approved by both banks' boards on March 27, 2026. This merger will create a combined entity with approximately NT$3.19 trillion in total assets and 191 domestic branches, leveraging complementary operations to enhance overall scale and competitiveness.
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