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.
 | |
| Company type | Public (TSEC:2812) |
|---|---|
| Industry | Banking |
| Founded | April 1953 |
| Headquarters | Taichung, Republic of China (Taiwan) |
Key people | Lee, Chun Sheng, Chairman |
| Products | Financial services |
| Revenue |  NTD 4.14 billion (2015) |
| NTD 3.40 billion (2015) | |
Number of employees | 2,197 (2015.12) |
| Website | www.tcbbank.com.tw |
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
editThe Bank was formerly the Taichung District Joint Saving Company that was approved and established in April 1953.[4]
See also
edit
References
edit- ^ "TSEC:2812".
- ^ "Taiwan, China Ratings & Research". Fitch Ratings.
- ^ 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.
- ^ "Company History". Archived from the original on 2016-01-31.
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