CTBC Bank, a subsidiary of CTBC Financial Holding founded in 1966, is Taiwan's largest private bank and its second-largest commercial bank by equity.[1]
History
It was established in 1966 under the name China Securities and Investment Corporation. In 1971, its name was changed to Chinatrust Investment Company Limited. In 1992, it was transformed into Chinatrust Commercial Bank, shortened to Chinatrust Bank.[2] In 2013, its English name was changed to CTBC Bank, which the company noted was "not an abbreviation" referring to Chinatrust Banking Corporation; the Chinese-language name meaning "Chinatrust Bank" was unchanged.[3]
The bank has subsidiaries in the Philippines, the United States, Canada, Japan, Thailand and Indonesia, foreign branch offices in Singapore, Hong Kong, mainland China, India, Japan, and Vietnam