Taichung Bank

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Taichung Bank
台中銀行
Company typePublic (TSEC:2812)
IndustryBanking
FoundedApril 1953
HeadquartersTaichung, Republic of China (Taiwan)
Key people
Lee, Chun Sheng, Chairman
ProductsFinancial services
RevenueIncreaseNTD 4.14 billion (2015)
IncreaseNTD 3.40 billion (2015)
Number of employees
2,197 (2015.12)
Websitewww.tcbbank.com.tw

The Taichung Bank (Chinese: 台中銀行; pinyin: Táizhōng Yínháng; Pe̍h-ōe-jī: Tâi-tiong-gîn-hâng),[1] officially Taichung Commercial Bank, is a public bank headquartered in Taichung, Taiwan.

In 2015, Fitch Ratings assigned ratings to Taiwan's Taichung Commercial Bank (TCB) as follows: 'BB+' (BB plus) Long-term Issuer Default Rating (IDR), 'B' Short-term IDR, 'A-(twn)' National Long-term rating, 'F2(twn)' National Short-term rating, 'bb+' Individual rating, '5' Support rating and 'NF' Support Rating Floor.[2]

In October 2022, the institution's board of directors announced that Taichung Bank was planning to acquire the American Continental Bank.[3]

History

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The Bank was formerly the Taichung District Joint Saving Company that was approved and established in April 1953.[4]

See also

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References

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  1. ^ "TSEC:2812".
  2. ^ "Taiwan, China Ratings & Research". Fitch Ratings.
  3. ^ Pan, Tzu-yu and; Ko, Lin (1 October 2022). "Taichung Commercial Bank board agrees to acquire American bank". Central News Agency. Retrieved 4 October 2022. Republished as: "TCB to purchase American Continental". Taipei Times. 3 October 2022. Retrieved 4 October 2022.
  4. ^ https://www.tcbbank.com.tw/eng/pages/History.html