UPDATE 1-TABLE-Taiwan firms' exposure to Fannie, Freddie
(Adds more companies)
TAIPEI, July 15 (Reuters) - Taiwan financial stocks plunged on Tuesday after regulators disclosed that the companies had over T$600 billion ($20 billion) of exposure to troubled U.S. mortgage lenders Fannie Mae (FNM.N) and Freddie Mac (FRE.N).
Click on [ID:nTP143889] [ID:nSP256704] for stories on the steep share declines of Asian and Taiwanese banks .
Below are the amounts of exposure facing major Taiwan financial holding companies: FINANCIAL INSTITUTION U.S. DOLLARS TAIWAN DOLLARS
(millions) (millions) Cathay Financial (2882.TW) 6,580 200,000 Shin Kong Financial (2888.TW) 4,605 140,000 ^Union Bank (2838.TW) 703 21,371 Fubon Financial (2881.TW) 676 20,550 Taiwan Life Insurance (2833.TW) 425 12,920 ^Sinopac Financial (2890.TW) 272.5 8,284 ^China Life (2823.TW) 208 6,323 ^First Financial (2892.TW) 181 5,502 ^China Development (2883.TW) 179 5,442 ^Chinatrust Financial (2891.TW) 129 3,922 #Mega Financial (2886.TW) 128 3,900 ^Entie Bank (2849.TW) 101 3,057 Taishin FHC (2887.TW) 75 2,280 ^King's Town Bank (2809.TW) 67 2,037 Taiwan Cooperative (5854.TW) 58 1,770 Central Reinsurance (2851.TW) 53 1,600 Taiwan Business Bank (2834.TW) 30 900 ^Chang Hwa Bank (2801.TW) 22 670 Ta Chong Bank (2847.TW) 10 304 E. Sun FHC (2884.TW) 8.3 252 Shinkong Insurance (2850.TW) 3 90 ^: New addition #: Mega's figures included its exposure to Ginnie Mae Source: Taiwan stock exchange
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