REQUEST A DEMO
Total
USD $0.00
Search more companies

Taichung Commercial Bank Co., Ltd. (Taiwan, China)

Main Activities: Commercial Banking
Full name: Taichung Commercial Bank Co., Ltd. Profile Updated: September 22, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

Formerly a cooperative savings company in Taichung permitted to establish in April 1953, the predecessor of Taichung Bank started its operation in savings and loans in August 1st of the same year. The scope of business then covered Taichung City, Taichung County, Chang Hwa County and Nantou County. In compliance with the amendments to Banking Act and business development needs, the Bank successfully transformed into “Taichung Small and Medium Business Bank” in 1978.On May 15, 1984, the Bank went public and expanded its scale of operations, and has successfully been listed on the centralized market. These Earnings Per Share have helped to lay down a solid foundation of the Bank in subsequent development. In September 1995, the Taipei Branch started operating and stepped out of the threshold for restricted regional business. With the efforts from all staff, the Bank's business grew rapidly. It was reformed as “Taichung Commercial Bank” on December 9, 1998, and became one of the national commercial banks. In March 2007, the Bank increased capital from issuance of new common shares in the amount of NTD5 billion upon capital reduction of NTD7.33 billion and successfully improved the financial condition, and also became the first local small-and-medium-size bank succeeding in raising funds. It is the breaking point for the Bank’s operation. In order to establish its corporate identity and highlight the local culture, the Bank was renamed from “Taichung (in regular Chinese characters) Commercial Bank” to “Taichung (in simplified Chinese characters) Commercial Bank” in June 2007, a.k.a Taichung Bank”, and also replaced all signboards at its business entities with those depicting new characters to build its brand new corporate identity. Until the end of 2010, the Bank has increased its capital from NTD500,000 to NTD17.319 billion, and expects to expand to an operation with 80 branch locations in 2011 from 5 at the beginning of the operation. The business lines and operations upon the expansion have grown by multiples of those charged by the cooperative savings company at the very beginning.

Legal Address
No.87, Mincyuan Rd., West District
Taichung City; Taichung City;

Contact Details: Purchase the Taichung Commercial Bank Co., Ltd. report to view the information.

Website: http://www.tcbbank.com.tw

Basic Information
Total Employees:
Purchase the Taichung Commercial Bank Co., Ltd. report to view the information.
Outstanding Shares:
Purchase the Taichung Commercial Bank Co., Ltd. report to view the information.
Financial Auditors:
Purchase the Taichung Commercial Bank Co., Ltd. report to view the information.
Incorporation Date:
August 26, 1953
Key Executives
Purchase this report to view the information.
Chairman
Purchase this report to view the information.
President
Purchase this report to view the information.
Vice President
Purchase this report to view the information.
Managing Director
Purchase this report to view the information.
Vice Chairman
Ownership Details
Purchase this report to view the information.
5.51%
Purchase this report to view the information.
3.11%
Purchase this report to view the information.
1.18%
Purchase this report to view the information.
0.93%
Purchase this report to view the information.
0.93%
Subsidiaries
Taichung Bank Insurance Brokers Co., Ltd.
100%
Taichung Bank Leasing Corporation Limited
100%
Taichung Commercial Bank Securities Co., Ltd.
100%
Company Performance
Financial values in the chart are available after Taichung Commercial Bank Co., Ltd. report is purchased.
Looking for more than just a company report?

EMIS company profiles are part of a larger information service which combines company, industry and country data and analysis for over 145 emerging markets.

Request a demo of the EMIS service
Key Financial Highlights
Annual growth percentages for latest two years in local currency TWD. Absolute financial data is included in the purchased report.
Net interest income
5.1%
Operating profit (EBIT)
24.63%
Net Profit (Loss) for the Period
27.64%
Total assets
8.66%
Total equity
10.52%
Total Assets Trend
4.09%
Net Interest Income Trend
-11.04%
Loans to Deposits Ratio
-7.31%
Loans to Asset Ratio
-6.15%

To view more information, Request a demonstration of the EMIS service

Buy this company report
Need ongoing access to company, industry or country information?