Mega International Commercial Bank (兆豐國際商業銀行)
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/