During the Japanese occupation of Taiwan in 1899, the Bank of Taiwan was founded as the nation's central bank. The Bank Act of Taiwan, which encouraged Japanese businesses like the Mitsubishi and Mitsui Companies to invest in Taiwan, authorized the bank's establishment in 1897. The Nippon Kangyo Bank and the Bank of Taiwan then worked closely together. These banks' 1927 financial crisis was alleviated thanks to help from the Bank of Japan. As the Japanese empire grew, new bank branches were established throughout Asia, especially in China and Southeast Asia.

Once the Japanese surrendered in 1945, the Chinese Nationalist Party (KMT), which led the ROC government, gained control of the Bank of Taiwan and started printing Taiwan dollars, also known as Taiwan Nationalist Yuan, through it. The "old Taiwan dollar" is the name given to this money at the moment. The Bank of Taiwan introduced the New Taiwan dollar in 1949 as a result of the Chinese Civil War's severe currency inflation.

The Bank of Taiwan assumed a more important role as the ROC's central bank until the Central Bank of China was restored in 1961 following the KMT's defeat on mainland China in the Chinese Civil War and its subsequent retreat to Taiwan. Up until 1998, the Bank of Taiwan was managed by the Taiwan Provincial Government before becoming the responsibility of the ROC Finance Ministry. The New Taiwan Dollar was first issued in 2001 by the Central Bank of China.

Founded: 1897
Headquarters: Taipei, Taiwan
Website: https://www.bot.com.tw

Under the name "Bwas founded in 1966. Chinatrust Investment Company Limited became the new name for the company in 1971. It changed its name to Chinatrust Commercial Bank in 1992.

The bank maintains subsidiaries in the Philippines, the US, Canada, Japan, Thailand, and Indonesia. It also maintains foreign branch offices in Singapore, Hong Kong, China, India, Japan, and Vietnam, as well as foreign representative offices in London, Bangkok, Hanoi, Beijing, Manila, and Los Angeles. International professional organizations recognized CTBC Bank as the Best Bank in Taiwan in the magazines Asiamoney and The Asset.

Global Finance and Asiamoney named CTBC Bank Taiwan's Best Foreign Exchange Bank in the corporate banking category, while Global Finance, The Asset, The Asian Banker, The Corporate Treasurer, and Global Trade Review named CTBC Bank Taiwan's Best Trade Finance Bank. [Reference needed] For the ninth time, The Asian Banker selected CTBC Bank Taiwan's Best Retail Bank, and for the eleventh time, Euromoney named CTBC Bank Taiwan's Best Wealth Management Bank.

CTBC Financial Holding's market cap as of March 2023 is $14.03 billion. By market cap, CTBC Financial Holding is now the 1129th most valuable corporation in the world. The most recent financial reports for CTBC Financial Holding show that the company's current revenue (TTM) is $6.88 billion. The company generated $6.62 billion in revenue in 2021, an increase from $6.61 billion in 2020.

Founded: 1966

Headquarters: Taipei, Taiwan
Website: https://www.ctbcbank.com/

Taiwan Cooperative Bank is a publicly traded bank with its main office in Taipei. The Republic of China government took control of TCB in 1946 after it had been founded by the Japanese in 1923, when Japan was still in control of Taiwan. Since its founding, TCB has developed into one of Taiwan's leading banks. On the Taiwan Stock Exchange, it is currently trading after going public.

In Taiwan and abroad, it has hundreds of branches. Taipei serves as the home base for the Taiwan Cooperative Bank. Since then, TCB has expanded. It is currently one of Taiwan's biggest banks, with the most branches (301) of any institution on the island.

The market capitalization of Taiwan Cooperative Finance as of March 2023 was $12.14 billion. According to market capitalization, Taiwan Cooperative Finance is now the 1256th most valuable corporation in the world. The most recent financial reports from Taiwan Cooperative Finance show that the company's current revenue (TTM) is $1.76 billion. The company generated $1.94 billion in revenue in 2021, up from $1.78 billion in 2020.

Founded: 1923 (Japan),5 October 1946

Headquarters: Taipei, Taiwan
Website: www.tcb-bank.com.tw

Mega Financial Holding Company's subsidiary, Mega International Commercial Bank, is a bank in Taiwan. It has 37 overseas units and 108 branches (including a foreign department) in Taiwan (excluding the offshore banking branch). The Bankers Association has designated the bank as the only domestic US dollar and Euro settlement institution. The ancient International Commercial Bank of China and Chiao Tung Bank were combined to form Mega International Commercial Bank Co., Ltd.

After being privatized in Taiwan in 1971, the Bank of China became known as the International Commercial Bank of China. Prior to the Chinese Communist Party taking control of the mainland in 1949, the Bank of China's reserves were moved from mainland China to Taiwan. The Bank of China was not immediately permitted to begin operations in Taiwan, unlike the majority of banks.

Founded: 2006
Headquarters: Taipei, Taiwan
Website: www.megabank.com.tw/

The Savings Bank of Taiwan was the name of the First Commercial Bank (also known as First Bank) when it was first founded on November 12, 1899. It pursued multiple M&A transactions over the course of a century. In order to become the First Bank that we are familiar with today, it amalgamated with the Commercial and Industrial Bank of Taiwan, Chia-I Bank, and Hsin-Kao Bank. In Taiwan and abroad, it has hundreds of branches. The top 250 banks in the world according to total assets and Tier 1 capital include First Commercial Bank. Taipei is home to First Commercial Bank's main office.

The bank had NT$90.88 billion in capital as of September 2021. It was one of the top 250 banks in the world, both in terms of total assets and Tier 1 capital. It currently has 188 domestic outlets and approximately 8,000 employees. To provide a full range of services and meet the operational needs of overseas Taiwanese enterprises, there are 42 global networks (21 branches, 10 sub-branches, 3 representative offices, and 1 subsidiary with 1 main office and 8 branches) located in significant international metropolitan areas and financial centers.

Founded: November 12, 1899
Headquarters: Taipei, Taiwan
Website: https://www.firstbank.com.tw

With the merger of Taipei Bank and Fubon Bank, Taipei Fubon Commercial Bank was established in 2005. It is a division of Fubon Financial's parent firm that deals with banking. Beyond merely banking, Fubon Financial operates a wide range of enterprises in the financial services industry. Although the bank is one of Taiwan's top businesses, it is only a part of Fubon as a whole. In Southeast Asia, it is aggressively growing its activities there. The main office of Taipei Fubon Commercial Bank is located there.

Fubon Financial's market cap was $23.29 billion as of March 2023. By market cap, this places Fubon Finance as the 732nd most valuable company in the world. The most recent financial reports from Fubon Financial indicate that the company's current revenue (TTM) is $13.52 billion. The company generated $17.23 billion in revenue in 2021, a rise from $16.34 billion in revenue in 2020.

Founded: 2005
Headquarters: Taipei, Taiwan
Website: https://ebank.taipeifubon.com.tw

One of Taiwan's biggest commercial banks, Cathay United Bank, has more than 165 branches spread around the country and a capital value of TW$67 billion (about US$2.23 billion). Cathay Financial Holdings owns it. The United World Chinese Commercial Bank (UWCCB; Chinese:), which was established in 1975, was formerly known as Cathay United Bank.

The former Cathay Commercial Bank, a fully owned subsidiary of Cathay Financial Holding Company, and UWCCB merged in 2003; UWCCB was the surviving bank; the combined bank was given the name Cathay United Bank.

Cathay Financial Holding's market cap as of March 2023 is $20.27 billion. By market cap, Cathay Financial Holding is now the 833rd most valuable corporation in the world. The most recent financial reports for Cathay Financial Holding indicate that the company's current revenue (TTM) is $17.10 billion. The company's revenue for 2021 was $22.02 billion, which is less than its revenue for 2020 ($22.12 billion).

Founded: 4 January 1975

Headquarters: Taipei, Taiwan
Website: https://www.cathaybank.com/

The Land Bank of Taiwan is a fully state-owned financial institution (ROC). Prior to its reduction on December 21, 1998, when it was transferred to the Executive Yuan's control, it was held by the Taiwan Provincial Government. It is the only bank recognized as a specialized bank for managing agriculture and real estate credit by the ROC government. Its goal is to advance national economic development while implementing the government's housing, agricultural, and land policies.

The 148 domestic branches (excluding OBU) in Taiwan, the main office with 23 units, and six abroad branches and offices make up the LBOT's management structure. The overseas branches and offices are the LBOT Ho Chi Minh City Representative Office in Vietnam, the LBOT Shanghai Representative Office in the P.R.C., the LBOT Los Angeles Branch, the LBOT New York Branch, the LBOT Singapore Branch, and the LBOT Hong Kong Branch. The LBOT branch in Shanghai made its debut on December 29, 2010. Furthermore, the LBOT forms six regional centers into a task force.

Founded: 1 September 1946
Headquarters: Zhongzheng, Taipei, Taiwan
Website: www.landbank.com.tw

Taiwan-based Hua Nan Commercial Bank Ltd. has its corporate headquarters in Taipei City. It is a participant in the commercial banking sector. The business was founded on February 22, 1947. The current workforce at Hua Nan Commercial Bank Ltd. is 7,930 (2023). According to the organization's most recent financial report, net sales revenue increased by 21.24% in Q3C2022. Its total assets saw an increase of 6.99%.

Hua Nan Financial Holdings' market cap as of March 2023 is $9.97 billion. Hua Nan Financial Holdings is now ranked as the 1466th most valuable company in the world by market valuation. The most recent financial reports from Hua Nan Financial Holdings indicate that the company's current revenue (TTM) is $1.81 billion. The company generated $1.81 billion in revenue in 2021, a rise from $1.37 billion in revenue in 2020.

Founded: 1 September 1946
Headquarters: Zhongzheng, Taipei, Taiwan
Website: https://ibank.hncb.com.tw/

Taiwanese bank E.SUN Commercial Bank, Ltd. has its main office in Taipei. Mr. Yung-Jen Huang, the current chairman of E.SUN Financial Holding Company, established E.SUN Bank in 1992. With 139 branches in Taiwan and 28 branches and subsidiaries in 9 countries and jurisdictions as of December 31, 2020, E.SUN Bank is concentrating on its priority markets in Asia, Australia, and the US in response to the expanding Asian market and trend of financial innovation.

Every part of its business, including credit card fraud detection, product recommendations, personal vehicle loans, etc., has been digitalized and integrated with artificial intelligence. By using its core capabilities in areas like corporate governance, customer service, employee care, environmental sustainability, and community involvement, E.SUN is dedicated to ESG.

By using its core capabilities in areas like corporate governance, customer service, employee care, environmental sustainability, and community involvement, E.SUN is dedicated to ESG. E.SUN is listed in the Dow Jones Sustainability Index (DJSI) for the seventh year in a row in 2020 after making a major contribution to ESG performance. E.SUN is also placed fourth in the Asian banking sector and sixth overall in the banking sector.

E.SUN Bank's market cap was $11.76 billion as of March 2023. By market valuation, this places E.SUN Bank as the 1281st most valuable corporation in the world. The most recent financial reports from E.SUN Bank indicate that the company's current revenue (TTM) is $1.81 billion. The company generated $2.06 billion in revenue in 2021, a rise from $1.93 billion in revenue in 2020.

Founded: February 1992
Headquarters: No.117, Sec.3, Minsheng E.Rd., Songshan Dist, 105-46, Taipei, Taiwan
Website: https://www.esunfhc.com/en

Chang Hwa Bank, a financial organization with its headquarters in Taiwan, provides both private individuals and businesses with retail and business banking services. The bank currently has 175 domestic branches, 4 sub-branches, and 5 securities brokers, in addition to seven foreign branches and representation offices (as of April 2008).

It was founded in Changhua County in 1905 during the Japanese occupation and moved to Taichung in 1910. After World War II, the government of the Republic of China acquired Japanese stock. In accordance with the government's financial privatization program, the Taiwan Provincial Government disclosed its ownership stakes in the bank in December 1997. The bank underwent formal privatization on January 1st, 1998.

Chang Hwa Commercial Bank's market capitalization as of March 2023 is $6.03 billion. By market capitalization, Chang Hwa Commercial Bank is now the 2070th most valuable corporation in the world. The most recent financial reports from Chang Hwa Commercial Bank show that the company's current revenue (TTM) is $1.13 billion. The company generated $1.30 billion in revenue in 2021, a decline from $1.63 billion in revenue in 2020.

Founded: 1905
Headquarters:Taichung, Taiwan
Website: www.chb.com.tw

The Republic of China's Shanghai Commercial and Savings Bank has its current headquarters in Taipei, Taiwan. Chen Guangfu (K. P. Chen), in Shanghai, mainland China, founded it in 1915. Chin Chuang was chosen as the first chairman, while Chen was elected as the first president. One of the most prosperous Chinese bankers of the 20th century, Chen Guangfu, a graduate of the Wharton School of Finance, founded the bank in Shanghai in 1915.

The bank finished establishing its head office in Shanghai in 1931. At the time, it was China's most cutting-edge banking structure. With a starting capital of less than 100,000 silver dollars and a staff of four, the bank opened for operation. With more than 2,700 staff members and over 110 branches, the bank had risen to become the largest private bank in the country by 1934.

Shanghai Commercial and Savings Bank's market cap was $7.41 billion as of March 2023. According to market capitalization, Shanghai Commercial and Savings Bank is now the 1796th most valuable corporation in the world. The most recent financial reports from Shanghai Commercial and Savings Bank show that the company's current revenue (TTM) is $1.46 billion. The company generated $1.35 billion in revenue in 2021, up from $1.29 billion in revenue in 2020.

Founded: June 2, 1915
Headquarters: Taipei City, Taipei, Taiwan
Website: https://www.scsb.com

One of the top banks in Taiwan is Taishin Bank. It is frequently shortened to Taishin Bank and is a bank with its main office in Taipei, Taiwan. It is a division of the publicly traded Taishin Group, which is traded on the Taiwan Stock Exchange. Taipei serves as the home base for Taishin Bank.

The bank was founded on February 25, 1992, and officially opened on March 23, 1992. By means of a share swap or exchange, the bank combined Dah An Commercial Bank and created Taishin Financial Holdings in February 2002.

Taishin Financial Holdings' market cap was $6.48 billion as of March 2023. According to market valuation, Taishin Financial Holdings is now the 64th most valuable corporation in the world. The most recent financial reports from Taishin Financial Holdings state that the company's current revenue (TTM) is $2.20 billion. The company generated $2.08 billion in revenue in 2021, a rise from $1.45 billion in revenue in 2020.

Founded: 25 February 1992
Headquarters: Da'an, Taipei, Taiwan
Website: www.taishinbank.com.tw

Bank A banking holding company located in Taiwan, SinoPac has 22 divisions, 125 branches throughout Taiwan, and 3 international branches in Shanghai, Guangzhou, and Chengdu (as of 2019). Following revelations that SinoPac Chairman Ho Shou-chuan gave generous loans to "an offshore company with no real operations and high investment by the Yuen Foong Yu Group," which was under the control of SinoPac's founding Ho family, Taiwan's banking regulator, the Financial Supervisory Commission, ordered Ho to resign in 2017. There have been no legal implications for Ho Shou-chuan.

Sinopac Financial Holdings' market valuation as of March 2023 is $7.36 billion. Sinopac Financial Holdings is now ranked as the 1804th most valuable business in the world by market cap. The most recent financial reports from Sinopac Financial Holdings indicate that the company's current revenue (TTM) is $1.53 billion. The company generated $1.60 billion in revenue in 2021, an increase from $1.35 billion in 2020.

Founded: 1992
Headquarters: Taiwan
Website: www.sinopac.com

Two private savings organizations that were founded in Taipei in June 1915 and Tainan in July of the same year, both in accordance with the custom of founding cooperatives, served as the forerunners of the Taiwan Business Bank.

These two organizations, along with two additional savings cooperatives, were taken over by the Taiwan Province Government on October 25, 1945, and were reformed on September 1, 1946, to become the Taiwan Mutual Financial Co., Ltd. The Tokiwa Real Estate Co., Ltd. was absorbed by the Taiwan Mutual Finance Co. on May 31, 1947, bringing the company's total capitalization to $10 million in former Taiwan dollars.

The company changed its name to Taiwan Provincial Mutual Loans and Savings Co., Ltd. on June 1st, 1947. The name was then changed once more to the Taiwan Credit Cooperative and Savings Co., Ltd. in January 1948 due to the business's resemblance to that of a private cooperative.

The market capitalization of Taiwan Business Bank as of March 2023 was $3.51 billion. By market capitalization, Taiwan Business Bank is now the 2895th most valuable corporation in the world. The most recent financial reports from Taiwan Business Bank indicate that the company's current revenue (TTM) is $0.94 billion. The company generated $0.85 billion in revenue in 2021, an increase from $0.75 billion in 2020.

Founded:1915
Headquarters: Taipei, Taiwan
Website: https://www.tbb.com.tw/