Taichung Bank 台中銀行 | |
Type: | Public (TSEC:2812) |
Foundation: | April 1953 |
Location: | Taichung, Republic of China (Taiwan) |
Key People: | Lee, Chun Sheng, Chairman |
Num Employees: | 2,197 (2015.12) |
Industry: | Banking |
Products: | Financial services |
Revenue: | NTD 4.14 billion (2015) |
Net Income: | NTD 3.40 billion (2015) |
Homepage: | www.tcbbank.com.tw |
The Taichung Bank,[1] officially Taichung Commercial Bank, is a public bank headquartered in Taichung, Taiwan.
In 2015, Fitch Ratings assigned ratings to Taiwan's Taichung Commercial Bank (TCB) as follows: 'BB+' (BB plus) Long-term Issuer Default Rating (IDR), 'B' Short-term IDR, 'A-(twn)' National Long-term rating, 'F2(twn)' National Short-term rating, 'bb+' Individual rating, '5' Support rating and 'NF' Support Rating Floor.[2]
In October 2022, the institution's board of directors announced that Taichung Bank was planning to acquire the American Continental Bank.[3]
The Bank was formerly the Taichung District Joint Saving Company that was approved and established in April 1953.[4]