1. Date of Establishment: March 14, 1966
2. History of CTBC Bank
Established in 1966, CTBC Bank Co., Ltd. has been through three major stages of development. It started out as China Securities Investment Corporation and was later changed into China Investment and Trust Corporation. In 1992, it was converted to a commercial bank with business scopes covering deposits, loans, guarantees, foreign exchange services, offshore banking unit (OBU), trust business, credit cards, securities, bonds, derivatives, e-banking, and the national lottery agent business. Since May 17, 2002, it has become one subsidiary of CTBC Financial Holding Co., Ltd.
To maximize operational scope, CTBC Bank merged with Grand Commercial Bank in December 2003, acquired the Fengshan Credit Cooperative in July 2004 and successfully bid to purchase Enterprise Bank of Hualien in May 2007. To make the group more effective, CTBC Bank formally merged with the Chinatrust Bills Finance Corporation on April 26, 2008. The transfer of 100% of The Tokyo Star Bank Ltd. shares was completed in June 2014 and CTBC Bank officially became the bank’s sole shareholder. In October 2015, CTBC Bank, in a first for the banking industry, received approval from the competent authorities to operate within the insurance sector. On November 30, 2015, CTBC Bank merged with CTBC Insurance Brokers, with CTBC Bank, the surviving company, to continue providing services to CTBC Insurance Brokers’ clients.
Based on our business principles of “Integrity” and “Caring”, CTBC Bank is proud to have offered many innovative services, including the first bank in Taiwan to issue credit cards, the first to set up a customer service center, and the first to install ATMs in convenience stores, and etc. With the commitment to achieving excellence and innovation, we continue to lead in the financial industry. As of the end of 2016, consolidated asset size reached NT$3.52 trillion, ranking the largest among privately-owned bank in Taiwan, and one of top 50 banks in Asia.
To date, CTBC Bank has a total of 150 branches in Taiwan and 108 overseas outlets located in the US, Canada, Japan, Indonesia, the Philippines, India, Thailand, Vietnam, Malaysia, Hong Kong, Singapore, China, Myanmar, and Australia. CTBC has the most extensive international network among Taiwanese financial institutions.
Looking ahead, CTBC Bank will continue to uphold its brand spirit of “We are family”, corporate mission of “protect and build, and its brand values of "Caring, Professional, and Trustworthy" as we strive to strengthen corporate governance, fulfill corporate social responsibility, and to create values for customers, employees, shareholders, and society as a whole. We aim to become “Taiwan Champion, Asia Leader”- a leading brand with the best governance and the most trusted financial institution by customers and shareholders.