Vol. 147, No. 52 — December 28, 2013
MEGA INTERNATIONAL COMMERCIAL BANK CO., LTD.
APPLICATION TO ESTABLISH A FOREIGN BANK BRANCH
Mega International Commercial Bank Co., Ltd., a foreign bank with its head office in Taipei, Taiwan, gives notice under subsection 525(2) of the Bank Act that it intends to apply to the Minister of Finance for an order permitting it to establish a full-service branch in Canada.
The branch will carry on business under the name Mega International Commercial Bank Co., Ltd. and its principal office will be located in Toronto, Ontario. The branch will take over the existing business (except certain deposits) of Mega International Commercial Bank (Canada) and provide financing, trade finance and remittance services to Canadian companies and Taiwanese and other foreign companies conducting business in Canada.
Any person who objects to the proposed order may submit an objection in writing to the Office of the Superintendent of Financial Institutions, 255 Albert Street, Ottawa, Ontario K1A 0H2, on or before February 19, 2014.
Note: The publication of this Notice should not be regarded as evidence that an order will be issued to establish the foreign bank branch. The granting of the order will be dependent on the normal Bank Act application review process and the discretion of the Minister of Finance.
Ottawa, December 20, 2013
GOWLING LAFLEUR HENDERSON LLP