Taiwan Business Bank (臺灣中小企業銀行)
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/