CTBC Bank

CTBC Bank (

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.[1] In 2013, its name was changed to CTBC bank.

The bank has subsidiaries in the Philippines, the United States, Canada, Japan, Thailand and Indonesia, foreign branch offices in Singapore, Hong Kong, China, India, Japan, and Vietnam, and foreign representative offices in London, Bangkok, Hanoi, Beijing, Manila, and Los Angeles.^[1]

CTBC Bank was awarded by international professional agencies as Best Bank in Taiwan in Asiamoney and The Asset magazines.^{[citation needed]} In the area of corporate banking, CTBC Bank was recognized by Global Finance and Asiamoney as the Best Foreign Exchange Bank in Taiwan,^{[citation needed]} while Global Finance, The Asset, The Asian Banker, The Corporate Treasurer, and Global Trade Review magazines named CTBC Bank Taiwan’s Best Trade Finance Bank.^{[citation needed]} CTBC Bank was awarded Best Retail Bank in Taiwan by The Asian Banker for the ninth time and was named Taiwan’s Best Wealth Management Bank in Euromoney for the eleventh time.^{[citation needed]}

Philippine subsidiary

Chinatrust Philippines Commercial Bank Corp. is a subsidiary of Chinatrust Commercial Bank Corp. of Taiwan. It is listed on the

Chinatrust Philippines' president is currently Steve Tsai.[5] Its 23 branches give it one of the most extensive branch networks among foreign-owned banks in the Philippines.^[6]

United States subsidiary

CTBC Bank Corp. (USA) was one of the first Asian American banks to operate both in the Eastern and Western United States.^[1] Services provided include issuance of letters of credit as well as real estate and construction loans. In November 2012, Noor Menai was named President & CEO.^[7]

CTBC USA has its heaviest presence in Southern California with its main branch in Downtown Los Angeles, along with Industry, Arcadia, Irvine, Monterey Park, San Gabriel, San Marino, and Rowland Heights. Three locations are in the San Francisco Bay Area, including San Francisco's Embarcadero, Cupertino, and Milpitas, and the bank has three locations in Greater New York, including Sunset Park, Brooklyn, Flushing, and Edison, New Jersey. The bank uses Allpoint as its nationwide ATM network provider.^[8]

Canadian subsidiary

CTBC Bank Corp. (Canada) is a

• List of companies of Taiwan
• List of banks in Taiwan

References

External links

Wikimedia Commons has media related to CTBC Bank.

• Chinatrust Philippines Commercial Bank Corporation
• Chinatrust Commercial Bank Limited
• CTBC Bank U.S.
• CTBC Bank Canada
• Chinatrust SMS Case Study
• Chinatrust Commercial Bank