Regulations Governing Foreign Bank Branches And Representative Offices Article 15

The terms "terms and conditions of credit extensions" and "borrowers in the same category" used in Article 33, Paragraph 2 of the Banking Law shall have the following meanings as they apply to foreign banks' branches mutatis mutandis: :1. The term "terms of credit extension" shall include the rate, security and its assessed value, guarantors (if any), tenor and the interest payment and principal repayment schedule of the credit extension;2. The term "borrowers in the same category" shall mean the borrowers to which credits are extended by the branches of the foreign bank in Taiwan for or under the same applicable prime lending rate period, same lending purposes and same accounting entry; provided, however, that, if a foreign bank does not have a prime lending rate system, the comparison shall be made by reference to [the credits granted] for the most recent year period.