BOC gets first Taiwan business license   

中行成为首家获得在台营业执照的大陆商业银行

总部位于北京的中国银行13日证实，已获台湾金融主管机构核发的中国银行台北分行营业执照，成为首家获得在台营业执照的大陆商业银行。

Beijing (CNS) -- Bank of China (BOC) confirmed on Wednesday that the Taiwan financial authority had issued a business license for a BOC branch to be set up in Taipei.

Issued on June 11, it is the first license issued by Taiwan to a mainland bank. BOC's plan for the Taipei branch passed mainland review on December 22 last year.

BOC says the branch will focus on covering deposits, loans, discounted notes, commercial bill acceptance, credit letter issuance, investment bonds and guarantees for corporate bonds.