comparemela.com

ஜூன் ஹ்வ்யாஂக் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

LINE Bank granted operational license for an internet-only bank in Taiwan

Web-only LINE Bank granted operating license in Taiwan | Taiwan News

(Photo courtesy of LINE)  (Photo courtesy of LINE)  The Financial Supervisory Commission (FSC) on Thursday (Feb. 4) issued Web-only LINE Bank an operating license to open a virtual bank in Taiwan, with plans to launch operations in the first half of the year. In the initial stage, the virtual bank will focus on deposits, wire transfers, debit cards, and personal credit loans, LINE Bank said in a statement. Since being approved to launch an internet-only bank in Taiwan in 2019, LINE Bank has fully cooperated with regulators in terms of related inspections, and actively sought to have its businesses connected to regulatory systems.

Line wins operational licence to launch Internet bank in Taiwan

External | what does this mean? This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Line wins operational licence to launch Internet bank in Taiwan 04 February 2021 Source: Line LINE Bank announced today that it has been granted an operational license by Taiwan’s Financial Supervisory Commission for launching an internet-only bank. After receiving a banking permit in 2019, LINE Bank has been cooperating with the regulatory authorities on the due diligence process. Going forward, LINE Bank will work with all relevant authorities to ensure the stability and reliable operations of our systems in preparation for the launch of the bank in the first half of 2021. LINE Bank will provide retail banking services including deposit, transfer, debit card and personal loan at the initial stage of business.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.