Date of Establishment
March 14, 1966
History of CTBC Bank
Established in 1966, CTBC Bank has been building customers’ wealth and Taiwan’s economy for over half a century now. In that time, it has grown into an international force offering a comprehensive suite of financial services.
Guided by the business principles of integrity and caring, our Bank has a proud history punctuated by regular achievements and innovative services. From issuing the first credit card in Taiwan to setting up the first customer service center of any bank in the country, we have led the way in the financial industry’s transformation, particularly by promoting the digitalization of business processes. As of the end of 2024, the Bank’s consolidated assets totaled NT$6.47 trillion, the most among all privately owned banks in Taiwan. It is also the best-performing bank in other indicators, such as profits, tier 1 capital, and client base.
Spanning 14 countries and regions, CTBC Bank has the most extensive international presence of any Taiwanese bank, with over 370 outlets worldwide. With a subsidiary, The Tokyo Star Bank, purchased in Japan and CTBC Bank subsidiaries established in the U.S., Canada, Thailand, the Philippines, and Indonesia, the Bank has laid a strong foundation for regional business, providing international enterprises with comprehensive transnational financial services.
Furthermore, in support of the Taiwanese government’s New Southbound Policy, the Bank has proactively expanded its South and Southeast Asian business in recent years by leveraging its existing branches in Vietnam, India, and Singapore. It also increased its shareholding in a local Thai operator, LH Financial Group Public Company Limited (LHFG), to 46.6%, making it the largest shareholder of the group. The Bank further obtained more than half of the seats of the Board in October 2021. Meanwhile, in Greater China, the Bank is cultivating business in the Yangtze River Delta Economic Zone and the Guangdong–Hong Kong–Macau Greater Bay Area, with Shanghai at the heart of its expansion into the Chinese market. Together, these advances abroad are providing our customers with a more convenient and comprehensive service network.
Looking ahead, we’re determined to continue leading the industry in digitalization, leveraging fintech and Big Data to drive innovation and create entirely new and engaging digital experiences for our customers. We will also continue to expand our efforts in operational performance, corporate governance, corporate social responsibility, and environmental sustainability as we cement our status as “Taiwan Champion, Asia Leader.”
.Institutional banking
We provide customers with comprehensive and specialized financial services, including commercial loans, trade finance, cash management, corporate internet banking, and corporate trust services.
.International business
We provide cross-border financial services by leveraging our global network, with a focus on customers in Greater China, Southeast Asia, North America, and Japan.
.Capital market
We provide tailored solutions to meet clients’ financing needs. These solutions include syndicated lending, structured finance, financial advisory, and debt securities underwriting services. We offer a wide range of services and products to meet our clients’ operation/hedging and investment needs. These services include short-term funding, foreign exchange, derivatives, and investment solutions including but not limited to bonds, structured notes, and investment products.
.Wealth management
We provide target customer groups with financial planning, asset allocation planning, and advisory services as well as assistance in the acquisition of a variety of financial products.
.Loan services
We provide individuals with diverse loan services, including home mortgages, refinancing, installment loans, policy-based loans, unsecured term loans, and revolving loans, to fulfill their lending needs at every stage of life.
.Payment services
We provide comprehensive payment solution services, such as card issuing and merchant acquiring services, for credit and debit cards. CTBC Bank also provides digital and mobile payment solutions, including digital wallets, third-party payment mechanisms, bill payments, and cross-border transactions.
.Overseas financial services
We provide comprehensive financial services, such as deposit and loan, payment, and wealth management services, to overseas markets, namely the U.S., Indonesia, the Philippines, Japan, and Thailand.
Revenue source |
Amount |
Percentage |
---|---|---|
Institutional banking, international business, and capital markets |
62,942 |
41% |
Retail banking |
81,673 |
53% |
Other |
9,364 |
6% |
Total |
154,009 |
100% |
Note: On a consolidated basis and rounded to the nearest integer.
Date:2024.07.26
Corporate Title | Name | Education | Significant Experience |
---|---|---|---|
Chairman | James Chen | MBA, City University of New York, USA | President of CTBC Financial Holding Co., Ltd. |
Vice Chairman | Ting-Jeng Chan | S.J.D., National Chengchi University | Director and President of Taiwan Financial Holdings Co., Ltd. |
President & CEO, Institutional Banking |
Tony Yang | MIBA, United States International University, USA | SEVP of CTBC Bank Co., Ltd. |
CEO, Capital Market | Larry Hsu | Bachelor of Business Administration, National Taiwan University | SEVP of CTBC Bank Co., Ltd. |
CEO, Retail Banking & Head of Payment & Lending Business Group |
Amy Yang | Executive MBA(Finance), National Taiwan University | SEVP of CTBC Bank Co., Ltd. |
Acting Deputy CEO, Retail Banking & Head of International Retail Banking Group |
Yaling Chiu | MBA, Minnesota-Twin Cities University, USA | EVP of CTBC Bank Co., Ltd. |
Head of International Business Group, Institutional Banking | Max Lin | MBA, University of IL at Urbana-Champaign, USA | EVP of CTBC Bank Co., Ltd. |
Head of Taiwan Region Group, Institutional Banking | Jason Chen | Department of Business Administration, Feng Chia University | EVP of CTBC Bank Co., Ltd |
Head of Risk Management Group | C.C. Huang | MBA, Indiana University, Bloomington, USA | EVP of CTBC Bank Co., Ltd |
Head of Technology Group | Titan Chia | IMBA, National Chengchi University | EVP of CTBC Bank Co., Ltd. |
Head of Wealth Management Business Group | David Swei | MBA, University of Dallas | EVP of CTBC Bank Co., Ltd |
Head of Human Resources Group | Peter Wei | Master of Business Administration, National Taiwan University | EVP of CTBC Bank Co., Ltd. |
Chief Strategy Officer | Austin Chiang | Master of Business Administration, National Taiwan University | EVP of CTBC Bank Co., Ltd. |
Head of Finance Management Group | Megan Hsu | Master of Accounting, National Taiwan University | SVP of CTBC Bank Co., Ltd. |