CTBC bank has been helping build customers’ personal wealth and Taiwan’s economy for more than 50 years. Established in 1966, CTBC Bank Co., Ltd. started business as China Securities Investment Corp. and soon grew into China Investment and Trust Co., Ltd.
In 1992, it was restructured into a commercial bank with a business scope that has now grown to include deposits, loans, guarantees, forex services, offshore banking, trusts, credit cards, securities, bonds, derivatives, and online banking. Since May 17, 2002, it has been a subsidiary of CTBC Financial Holding Co., Ltd.
CTBC Bank Co., Ltd., is fully owned by CTBC Financial Holding Company Co., Ltd. As of 31 December 2020, ten (10) major shareholders of CTBC Financial Holding Co., Ltd., are Fubon Life Insurance Co., Ltd. (3.75%), Yi Kao Investment Co., Ltd. (2.40%), China Life Insurance Co., Ltd. (2.05%), Government of Singapore (1.98%), CTBC Bank Trust Account for CTBC Financial Holding Employee Welfare Savings Committee (1.77%), Labor Pension Fund (1.68%), JP Morgan Chase Bank N.A., Taipei Branch in custody for Vanguard Total International Stock Index Fund, a series of Vanguard Star Funds (1.60%), Norges Bank (1.59%), Bank of Taiwan Co., Ltd. (1.50%), Shin Kong Life Insurance Co., Ltd. (1.45%).
Besides CTBC Bank, other subsidiaries of CTBC Financial Holding include Taiwan Life Insurance Co., Ltd., CTBC Securities Co., Ltd., CTBC Venture Capital Co., Ltd., CTBC Asset Management Co., Ltd., CTBC Investments Co., Ltd., CTBC Security Co., Ltd. and Taiwan Lottery Co., Ltd.
