Date of establishment: May 17, 2002
CTBC Holding was established in 2002. Our headquarters are in Taiwan’s capital, Taipei, but our workforce of 29,000 spans the country, region, and globe. The Company has eight subsidiaries: CTBC Bank, Taiwan Life, CTBC Securities, CTBC Venture Capital, CTBC Asset Management, CTBC Investments, CTBC Security, and Taiwan Lottery.
Driven by a spirit of innovation, we maintain a comprehensive suite of products and services and, to this end, proactively invest in our digital transformation. In addition to digitizing business processes, we have established blockchain and artificial intelligence labs as well as a Big Data research and development center. These efforts have helped us surpass our financial industry counterparts to develop business innovations that meet the needs of the market and our customers.
Spanning 14 countries and regions, we have 372 outlets worldwide, and our subsidiary CTBC Bank has the most extensive international presence of any Taiwanese bank. The Bank’s overseas service network is focused around Greater China, Japan, North America, and Southeast Asia. With a Japanese subsidiary, The Tokyo Star Bank, and CTBC Bank subsidiaries in the U.S., Canada, the Philippines, and Indonesia, the Bank has a strong foundation for regional business, providing international enterprises with comprehensive transnational financial services.
Furthermore, in support of the Taiwanese government’s New Southbound Policy, the Bank has proactively expanded its South and Southeast Asian business in recent years by leveraging its existing branches in Vietnam, India, and Singapore. It also increased its shareholding in a local Thai operator, LH Financial Group Public Company Limited (LHFG), to 46.6%, making it the largest shareholder of the group. Having obtained more than half of the seats of the Board in October 2021, the Bank will now be able to leverage all branches of LHFG to provide Taiwanese and foreign businesses with more convenient and comprehensive financial services. Meanwhile, in Greater China, the Bank is cultivating business in the Yangtze River Delta Economic Zone and the Guangdong–Hong Kong–Macau Greater Bay Area, with Shanghai at the heart of its expansion into the Chinese market. Also across the strait, subsidiary Taiwan Life has invested in King Dragon Life Insurance. By integrating banking and life insurance, we are further diversifying our services and locations while making the most of our co-branding synergy across Greater China.
Looking ahead, we plan to continue optimizing our international service network and to provide our customers with even more convenient global services. These are just some of the ways we’re striving to always follow through on our “We are family” motto. We will also continue to expand our efforts in operational performance, corporate governance, corporate social responsibility, and environmental sustainability as we cement our status as “Taiwan Champion, Asia Leader.”