HSBC Bank (Taiwan) Limited () is a foreign bank incorporated locally in

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 ...

since 2009. It is part of

HSBC HSBC Holdings plc ( zh, t_hk=滙豐; initialism from its founding member The Hongkong and Shanghai Banking Corporation) is a British universal bank and financial services group headquartered in London, England, with historical and business li ...

and is wholly owned by

Hong Kong Hong Kong)., Legally Hong Kong, China in international treaties and organizations. is a special administrative region of China. With 7.5 million residents in a territory, Hong Kong is the fourth most densely populated region in the wor ...

–based

The Hongkong and Shanghai Banking Corporation Limited HSBC Holdings plc ( zh, t_hk=滙豐; initialism from its founding member The Hongkong and Shanghai Banking Corporation) is a British universal bank and financial services group headquartered in London, England, with historical and business li ...

. HSBC's presence in Taiwan dates back to 1885 when The Hongkong and Shanghai Banking Corporation appointed an agent. A full-service branch was established in Taipei in 1984. Prior to the acquisition of the business and operations of The Chinese Bank, The bank had a network of eight branches, providing a full range of insurance, personal, commercial, corporate, private banking and investment services to its customers in Taiwan. In 2007, The Hongkong and Shanghai Banking Corporation acquired one of Taiwan's leading factoring companies, Chailease Credit Services, and opened a new life insurance company. In 2006, HSBC Direct launched, it is the first Direct Banking services in Taiwan. In March 2008, The bank acquired the business and operations of The Chinese Bank in Taiwan, which gave HSBC an additional 39 branch licenses, increasing its network at the time five-fold. In 2009, HSBC Bank (Taiwan) Limited established, and operated through the locally incorporated entity in May 2010.

External links

HSBC Bank (Taiwan) Limited website
Banks of Taiwan

Banks established in 2009 Taiwanese companies established in 2009 {{Taiwan-company-stub