Federal Reserve Board announces approval of application by Taiwan Business Bank

The following press release was published by the Board of Governors of the Federal Reserve System on Dec. 31, 2015. It is reproduced in full below.

The Federal Reserve Board on Thursday announced its approval of the application by Taiwan Business Bank, Ltd., Taipei, Taiwan, to establish a branch in New York, New York.

Attached is the Board's order relating to this action.

For media inquiries, call 202-452-2955.

Source: Board of Governors of the Federal Reserve System