Chang Hwa Bank
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Chang Hwa Bank (CHB; ) is a
Taiwan Taiwan, officially the Republic of China (ROC), is a country in East Asia. The main geography of Taiwan, island of Taiwan, also known as ''Formosa'', lies between the East China Sea, East and South China Seas in the northwestern Pacific Ocea ...
-based financial institution that offers both retail and commercial banking services to private and corporate customers. Today, the Bank has seven overseas branches and representatives offices and 175 domestic branches, 4 Sub-branches and 5 securities broker (as of Apr. 2008).https://www.chb.com.tw/wps/wcm/connect/web/common/English/eOrg/ Organization Chart


History

It was established in 1905 under Japanese rule in
Changhua County Changhua (Wade-Giles: ''Chang¹-hua⁴'') is a Taiwanese County (Taiwan), county that is the smallest on the Geography of Taiwan, main island of Taiwan by area, and the fourth smallest in the country. With a total population of 1.24 million, Chan ...
, and relocated to
Taichung Taichung (, Wade–Giles: '), officially Taichung City, is a special municipality (Taiwan), special municipality in central Taiwan. Taichung is Taiwan's second-largest city, with more than 2.85 million residents, making it the largest city in Ce ...
in 1910. Japanese shares were taken over by the Republic of China government after World War II. In December 1997, the
Taiwan Provincial Government Taiwan Provincial Government is the nominal government of Taiwan Province in the Republic of China. Since 2018, its functions have been transferred to the National Development Council (Taiwan), National Development Council and other ministries ...
made public its shareholdings in the Bank in line with the government's policy of financial privatization. The Bank was officially privatized on 1 January 1998.


Corporate structure

*Chang Hwa Bank offers nine categories of businesses: **deposits (i.e., such as demand deposit), **corporate/institutional banking (including short- and mid-term operating capital financing, working capital for purchasing raw materials, export loans, capitalize loans and capital expenditure loans), **retail/consumer banking (e.g., mortgage loans, nest building preferential loans, loans for caring mortgage and loans for small suites), **credit cards, offering credit cards and banking cards, **foreign exchange of import and export as well as remittances, **e-banking (e.g., internet banking, telephone banking and mobile banking), **financial trusts, including specific purpose trust funds investing in domestic and foreign securities, **investments, providing government bonds, financial bonds, beneficial certificates and stocks, and security brokerage.


See also

*
List of banks in Taiwan This is a list of banks in Taiwan, including the government-owned banks of the Taiwan. Central Bank * Central Bank of the Republic of China (Taiwan) Governmental institutions Existing National Institutions * Agricultural Bank of Taiwan * ...
*
Economy of Taiwan Taiwan is a highly developed free-market economy. It is the 8th largest in Asia and 21st-largest in the world by purchasing power parity, allowing Taiwan to be included in the advanced economies group by the International Monetary Fund. Taiw ...
*
List of companies of Taiwan Taiwan Taiwan, officially the Republic of China (ROC), is a country in East Asia. The main geography of Taiwan, island of Taiwan, also known as ''Formosa'', lies between the East China Sea, East and South China Seas in the northwestern Pa ...


References


External links

Official Website in English: https://ecounter.bankchb.com/frontend/ENAC1.html 1905 establishments in Taiwan Banks established in 1905 Banks of Taiwan 1946 mergers and acquisitions 2005 mergers and acquisitions 2014 mergers and acquisitions {{asia-bank-stub