Yuanta Commercial Bank Co., Ltd. (Yuanta Bank) is a pioneer in Taiwan's financial market, with a philosophy of "integrity, stability, service, innovation, and care" in the fields of retail banking, SME finance, wealth management, and digital finance. Founded on February 12, 1992, it was originally known as Asia-Pacific Commercial Bank, joined Fuhua Financial Holding (later renamed Yuanta Financial Holdings) in 2002, changed its name to Yuanta Commercial Bank in 2007, and merged with Volkswagen Bank in 2018, with total assets exceeding NT$1.8 trillion, becoming the seventh largest private bank in Taiwan. Headquartered at No. 148-1, Section 1, Xinsheng South Road, Zhongzheng District, Taipei, Taiwan, as a wholly-owned subsidiary of Yuanta Financial Holdings Corporation (Taiwan Stock Exchange, stock code: 2845), Yuanta Bank serves more than 1 million customers and has become a benchmark for medium-sized and large banks in Taiwan with its local business model and innovation capabilities.
Bank Basic Information
Yuanta Bank is a privately owned commercial bank, established on February 12, 1992, headquartered at No. 148-1, Section 1, Xinsheng South Road, Zhongzheng District, Taipei, Taiwan. The bank was established by Hsu Youzhen, the founder of Far Eastern Group, in response to Taiwan's financial liberalization policy, officially opened in 1992, joined Fuhua Financial Holding through share conversion in 2002, changed its name to Yuanta Commercial Bank in 2007, and merged with Volkswagen Bank in January 2018 to further expand its scale. Yuanta Financial Holdings was established in 2002 to integrate banking, securities and insurance businesses, with institutional investors and public shareholders as its main shareholders, with Yuanta Financial Holding as the core holding structure. Yuanta Bank is strictly regulated by Taiwan's Financial Supervisory Commission (FSC) and is required to comply with the Banking Act and international financial standards to ensure operational transparency and the safety of customer funds. Its deposits are protected by Taiwan's deposit insurance system, with a maximum coverage of NT$3 million per depositor. The SWIFT code for the bank is YUABTWTP and the Legal Entity Identifier (LEI) is 5493003NOCSC6LUWUF03. Yuanta Bank has 149 branches in Taiwan and branches in the Philippines (Yuanta Savings Bank Philippines), South Korea (Yuanta Savings Bank Korea) and Hong Kong, with a total of approximately 4,000 employees in 2024.
Deposit & Loan Products
Deposits
Yuanta Bank offers a wide range of deposit products to meet the savings needs of individual and corporate customers:
Fixed deposits: 12 currencies such as NEW TAIWAN DOLLAR, USD and RMB are supported, with deposit terms ranging from 1 month to 5 years, and the minimum deposit amount is NT$5,000. In 2025, the fixed deposit interest rate will vary according to the maturity, such as about 1.225% for 1 month, 1.5% for 3 months, 1.8% for 6 months, 2.0% for 1 year, and 2.5% for 2 years (based on the average interest rate of the five major banks in Taiwan).
Featured Products:
High-yield savings accounts: such as the "Yuanta Premium Savings Account", which offers an annualized interest rate of up to 1.5%, and requires a balance of more than NT$100,000 with no monthly fee.
Large Certificates of Deposit (CD): Support flexible tenors, suitable for large amount of money customers, the interest rate needs to be queried through the branch or app, and the early withdrawal penalty is 90 to 180 days of interest.
Customers can inquire about the "Cloud Interest Rate" offer through the "Yuanta Bank e-Financial Services" app or online banking, and deposit products can be opened and calculated instantly, and some accounts can be free of transaction fees.
Current Deposits: Including checking accounts and savings accounts, such as "Yuanta Current Account", the minimum account opening amount is NT$1,000, and the basic annualized rate of return (APY) is about 0.05%-0.3%, and the latest interest rate needs to be confirmed through branch or online banking (Yuanta Bank Deposit Service). Demand deposits are divided into interest-free accounts (minimum balance of NT$10,000, suitable for individuals and businesses) and interest-bearing accounts (minimum balance of NT$1,000, maintaining a daily balance of NT$5,000 or NT$10,000 to earn interest).
Loans
Yuanta Bank offers a comprehensive range of loan products to meet diverse financing needs:
Mortgages: Fixed- and variable-rate mortgages with a loan amount of up to 80% of the value of the property and a repayment period of up to 30 years. In 2025, the fixed interest rate will be as low as 1.6% (3-year term), the floating interest rate will be based on the minimum lending rate (MLR, about 5.5%), cash rebates and insurance discounts will be provided, and the application will require a credit score of 660 or more and an annual income of more than NT$30,000 (Yuanta Bank Loan Service).
Car Loans: Support financing for new and used cars, with a loan amount of up to NT$3 million, a term of up to 72 months, an annualized interest rate (APR) as low as 1.88%, and a credit score of 660 or above.
Personal Line of Credit: Includes Yuanta Personal Loan (APR as low as NT$5.99% and amount up to NT$1.5 million) and asset-backed overdraft (up to NT$95% of collateral market value), with a monthly salary of NT$30,000 or above and a good credit history.
Flexible repayment options: Mortgages and personal loans offer no penalty for early repayment, weekly or bi-weekly payment plans, and a revolving line of credit for flexible debt management.
All loans are subject to bank approval, and customers are required to provide credit history, proof of income and asset information, subject to the terms of the loan agreement. The bank's corporate financial services, such as syndicated loans, letters of credit and trade loans, provide additional support to SMEs and large enterprises.
Digital service experience
Yuanta Bank's mobile banking app "Yuanta Bank e-Financial Services" is the core of its digital services, which can be downloaded on iOS 14.0 and above and Android 9.0 and above devices, with an App Store score of about 4.5 and a Google Play score of about 4.3, and users praise it for its quick launch (within 2 seconds) and intuitive interface (Yuanta Bank app). Core features include:
Face recognition: Supports biometric authentication (such as Face ID and Touch ID), combined with strong encryption technology to ensure transaction security.
Real-time transfer: Support real-time transfer of NTD through the Taiwan interbank transfer system, with a daily limit of up to NT$1 million, international remittance covering more than 100 countries, and cooperate with Western Union to provide low-rate transfers.
Bill management: Support online bill payment, automatic deduction and e-statement, and classify transaction records in real time.
Investment Tool Integration: Support stocks, funds, bonds, and derivatives trading through the Yuanta Investment Platform, providing real-time market data and investment advisory services.
The online banking platform "Yuanta Personal Online Banking" supports multiple browsers and provides similar functions, allowing customers to open an account within 5 minutes through the app or official website. The app supports accessibility features such as dynamic font adjustment and VoiceOver compatibility for visually impaired and hearing-impaired customers. In 2023, about 60% of customers completed transactions through digital platforms, significantly improving the user experience.
Technological innovation
Yuanta Bank excels in the fintech sector, driving technological advancement through its Digital Innovation Center:
Robo-advisors: Provide AI-based investment management services through the Yuanta Investment Platform, recommend diversified investment portfolios based on customers' risk appetite, with a minimum investment of NT$1,000 and no subscription fees.
Open Banking API Support: Following the Open Banking Framework of the Financial Supervisory Commission of Taiwan, participating in the third phase of Open Banking, integrating with third-party service providers to provide account management and financial services interoperability, and supporting 35 deposit, credit card, and loan service APIs.
Other innovations: support QR code payment, mobile check deposit, and cooperation with Apple Pay and Google Pay to improve the payment experience; Invest NT$1 billion in 2024 to upgrade cloud technology and data analytics platforms to improve operational efficiency.
AI customer service: Introduce an AI-driven customer service system to analyze transaction behavior, detect fraud risks in real time, automate 80% of customer inquiries by 2023, and plan to launch a virtual assistant in 2025 to support 24/7 inquiries and personalized financial advice.
Featured Services & Differentiation
Yuanta Bank is known for its SME support and cross-border financial services:
Cross-border finance: Provide international trade finance and foreign exchange services through branches in the Philippines, South Korea and Hong Kong to support the expansion of Taiwanese companies in the Asian market, with cross-border transactions increasing by 15% in 2023.
Wealth Management: Through Yuanta Securities and Yuanta Investment Trust, we provide individual pension funds, unit trusts and insurance products, with approximately NT$30 billion in assets under management in 2023 to meet the needs of mid- to high-net-worth clients.
Diamond Gold Card Series: Integrates the electronic ticket function, provides high-spending rewards for international travel, free international Internet and parking discounts, and meets the needs of young customers.
Community Contribution: Through the Yuanta Bank Foundation, we will support education and charity projects, donate NT$3 million for community development in 2023, hold financial literacy lectures, and improve the financial literacy ability of young people.
SME support: Provide customized loans and cash management services through Yuanta SME Services, participate in the SME Financing Guarantee Program of the Taiwan Financial Supervisory Commission, and approve loans in as fast as 10 seconds with a maximum amount of NT$3 million, and increase the balance of SME loans by 12% in 2023 (Yuanta SME Services).
Market Position & Accolades
Yuanta Bank is the seventh largest private bank in Taiwan, with total assets of approximately NT$1.8 trillion in 2024, ranking among the top 38 mid-to-large banks in Taiwan. With 149 branches serving more than 1 million customers, the bank has a strong position in SME finance, wealth management and cross-border finance. In 2023, the bank reported an 8% increase in deposit balances, a 6% increase in loan balances, and a non-performing loan ratio remaining below 0.2%, indicating that it is operating soundly. Yuanta Bank's innovation in digital services and green finance has enabled it to remain competitive in the regional market. In 2023, Yuanta Financial Holdings was awarded six "Excellence" certifications in the "CG6014 Corporate Governance Assessment" by the Taiwan Corporate Governance Association, demonstrating its governance capabilities. Key accolades include:
2023 "Best SME Financial Services Award in Taiwan".
2022 Taiwan Green Finance Pioneer Award.
2021 "Best Community Bank in Taiwan".
Yuanta Bank's community focus and innovation capabilities make it the backbone of Taiwan's financial market.
Conclusion
With more than 30 years of history, Yuanta Commercial Bank Co., Ltd. has become a pioneer in Taiwan's financial market with its deep commitment to localized services and innovative financial products. It offers a wide range of deposit and loan products to meet customer needs through local branches and digital platforms. The digital service is centered on the application of "Yuanta Bank's e-financial services", which provides efficient real-time transfer and investment management functions. Technological innovations, including AI customer service, robo-advisors, open banking APIs, and mobile payment platforms, demonstrate the forward-looking nature of its digital transformation. With its SME support, cross-border financial services, wealth management and multiple industry accolades, Yuanta Bank continues to demonstrate strong competitiveness and influence in the financial markets of Taiwan and the region.
Note:
specific interest rates and product details may vary depending on market changes, please check the official website of Yuanta Bank or contact the bank directly for the latest information.
