Barclays Bank PLC, Taipei Branch was established on April 14, 2005 under the provisions of the Company Law and the Banking Law of the Republic of China and commenced its operations on July 1, 2005. The Branch is engaged in the services related to overseas funding, financial management, financial derivative instruments and foreign exchange transactions. The Announcement of Financial Condition relate to BBPLC Taipei is according to "Directions Concerning Important Financial and Operating Information Requiring Quarterly Announcement by Banks" issued by Banking Bureau, FSC, R.O.C.