Chang Hwa Bank is a Taiwan

Taiwan

Taiwan , also known, especially in the past, as Formosa , is the largest island of the same-named island group of East Asia in the western Pacific Ocean and located off the southeastern coast of mainland China. The island forms over 99% of the current territory of the Republic of China following...

-based financial institution that offers both retail and commercial banking services to private and corporate customers.

In December 1997, the Taiwan provincial government made public its shareholdings in the Bank in line with the government's policy of financial privatization. The Bank was officially privatized on January 1, 1998.

Today, the Bank has seven overseas branches and representatives offices and 175 domestic branches, 4 Sub-branches and 5 securities broker (as of Apr. 2008).

History

It was established in 1905 under Japanese rule

Taiwan under Japanese rule

Between 1895 and 1945, Taiwan was a dependency of the Empire of Japan. The expansion into Taiwan was a part of Imperial Japan's general policy of southward expansion during the late 19th century....

 in Changhua County

Changhua County

Changhua County is the smallest county in Taiwan located on the westside of Taiwan. It is officially governed as a county of the Republic of China .-Urban townships:# Beidou Township # Erlin Township...

, and relocated to Taichung

Taichung

-Demographics:Taichung’s population was an estimated 1,040,725 in August 2006. There are slightly more females in the city than males.24.32% of residents are children, while 16.63% are young people, 52.68% are middle-age, and 6.73% are elderly....

 in 1910. Japanese shares were taken over by the Republic of China government after World War Two. The bank was fully privatized in the late 1990s.

Corporate structure

• Chang Hwa Bank offers nine categories of businesses:
  • deposits (i.e. such as demand deposit),
  • corporate/institutional banking (including short- and mid-term operating capital financing, working capital for purchasing raw materials, export loans, capitalize loans and capital expenditure loans),
  • retail/consumer banking (e.g. mortgage loans, nest building preferential loans, loans for caring mortgage and loans for small suites),
  • credit cards, offering credit cards and banking cards,
  • foreign exchange of import and export as well as remittances,
  • e-banking (e.g. internet banking, telephone banking and mobile banking),
  • financial trusts, including specific purpose trust funds investing in domestic and foreign securities,
  • investments, providing government bonds, financial bonds, beneficial certificates and stocks, and security brokerage.

See also

• List of banks in Taiwan
• Republic of China
  Republic of China
  The Republic of China , commonly known as Taiwan , is a unitary sovereign state located in East Asia. Originally based in mainland China, the Republic of China currently governs the island of Taiwan , which forms over 99% of its current territory, as well as Penghu, Kinmen, Matsu and other minor...
  
  
• Economy of Taiwan
  Economy of Taiwan
  Taiwan has a developed capitalist economy that ranks as the 19th largest in the world by Purchasing power parity and 24th in nominal GDP of investment and foreign trade by the Republic of China government which governs Taiwan. In keeping with this trend, most large government-owned banks and...
  
  
• List of companies of Taiwan
• Taichung
  Taichung
  -Demographics:Taichung’s population was an estimated 1,040,725 in August 2006. There are slightly more females in the city than males.24.32% of residents are children, while 16.63% are young people, 52.68% are middle-age, and 6.73% are elderly....