萬國法律事務所

Taiwan’s Central Bank on 18 January 2005 announced that companies are now permitted to file applications at designated foreign-exchange banks for credit secured by domestic shares, real estate, or other New Taiwan Dollar collateral. Additionally, companies are now allowed to transfer those credit lines to their related enterprises and such related enterprises can then apply to offshore banking units (OBUs) for foreign-currency loans.

These loans will not be limited for use in connection with short-term credit financing but are also available for use in connection with long-term capital spending. It is hoped that this relaxation will result in more flexibility for companies involved in the funding and use of capital.