11/30/2022 0 Comments Icbc logoOn December 31, 2002, Chung Kuo Insurance Company and ICBC joined forces with the Company to form a conglomerate named Mega Financial Holding Company.īy the end of 2021, in addition to Offshore Banking Branch, the Bank has 108 branches (including Foreign Department) at home, and 24 branches, 6 sub-branches, and 2 representative offices (including marketing office) abroad. Late on, Chung Hsing Bills Finance Corporation and Barits International Securities Company came under the financial umbrella. For years, CTB has made significant contributions to the improvement of industrial structure and the promotion of the upgrading of industry by assisting in the development of strategic and vital industries in line with the economic policy and the economic development plan of the government.ĬTB and International Securities Company formed the CTB Financial Holding Company in 2002. It has engaged in loan extensions for medium- and long-term development, innovation and guidance investment (equity investment), and venture capital ever since. Transforming from a licensed bank for industries in 1928, an industrial bank in 1975, and a development bank in 1979, CTB turned from a state-controlled bank into a privately–owned one in 1999. (CTB) had also been delegated to act as an agent of the government coffer and a note-issuing bank in concert with the Bank of China at the outset of the Republic. Set up five years before the founding of the Republic of China, Chiao Tung Bank Co., Ltd. Taking advantage of its specialization in foreign exchange, worldwide network of outlets and correspondence banks, superb bank assets, and excellent business performance, ICBC has become a top-notch bank in the Republic of China. The Bank of China was designated as a licensed specialized bank for international trade and foreign exchange thereafter. The Bank of China had been entrusted with the mission to serve as an agent of the Treasury and a note-issuing bank before the establishment of the Central Bank of China in 1928. (ICBC), whose origin dates back to the Ta Ching Bank and its predecessor, the Hupu Bank (the bank under the finance arm of the imperial court in the Ching Dynasty). In 1971, The Bank of China was privatized to become The International Commercial Bank of China Co., Ltd. Both banks have been proud of their longtime histories of outstanding track records in our country. (Mega ICBC) has come into being as a result of the merger of The International Commercial Bank of China and Chiao Tung Bank, effective on August 21, 2006. Mega International Commercial Bank Co., Ltd.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. Archives
December 2022
Categories |