Regulations Governing The Establishment Criteria and Administration of The Industrial Bank Article 4

As regards the business items which may be operated by an industrial bank, the Commission shall review the scope of each business listed below respectively pursuant to Articles 4 and 89 of the Act and specify it in the business license:1.Accept checking deposits and various kinds of other deposits.2.Issue bank debentures.3.Extend loans.4.Invest in securities.5.Process investment of productive enterprises, finance-related enterprises and venture capital enterprises.6.Handle domestic and foreign remittances.7.Guarantee domestic and foreign transactions.8.Issue domestic and foreign letters of credit9.Act as a collecting and paying agent.10.Underwrite securities.11.Handle proprietary business of government bonds.12.Act as an attestor for the issuance of stocks, bonds and debentures.13.Conduct warehousing, custody and various kinds of agency businesses in relation to the businesses itemized above.14.Conduct other relevant businesses which may be authorized by the Commission.An industrial bank cannot receive the transfer deposit of a financial institution. The subjects for whom/which an industrial bank handles deposits and foreign exchange are limited to investors and borrowers of a company organization, insurance enterprises and judicial persons established pursuant to the law and government organizations.