Taiwan Cooperative Bank (Financial Institution Group Code: 006), Referred To As TCB, Is The Main Subsidiary Of Taiwan Cooperative Financial Holding Co., Ltd. It Is One Of The Large Commercial Banks And Traditional Eight Public Stock Banks In Taiwan. Its Official Share Ratio Is Second Only To The Purely State-run Bank Of Taiwan And Taiwan Land Bank. It Is Also The Commercial Bank With The Largest Number Of Business Bases In Taiwan, With 270 Domestic Bases And 20 Overseas Bases.
History
Taiwan Cooperative Bank Was Formerly Known As The Taiwan Industrial Association. It Was Founded In 1923 During The Japanese Occupation Of Taiwan And Is Composed Of More Than 290 Cooperatives Across Taiwan. In 1942, It Was Reorganized Into The Taiwan Industrial Cooperative Federation. In 1944, Due To The Pacific War, It Was Reorganized Again And Divided Into Two Institutions, The Taiwan Industrial Treasury And The Taiwan Agricultural Association. The Taiwan Industrial Treasury Was Dedicated To The Financial Industry.
At The End Of World War II In 1945, The Government Of The Republic Of China Took Over Taiwan On Behalf Of The Allied Forces. On October 5, 1946, The Taiwan Industrial Treasury Was Reorganized Into The Taiwan Provincial Cooperative Treasury, Which Was A Special Operation Financial Institution Group (without Bank Status). It Did Not Obtain Legal Personality Until 1985. On January 1, 2001, The Taiwan Cooperative Bank Was Restructured Into Taiwan Cooperative Bank Co., Ltd., In Line With The Financial Reform (financial Reform) Policy Of The Chen Shui-bian Government. In November 2004, Taiwan Cooperative Bank Was Officially Listed On The Taiwan Stock Exchange.
On May 1, 2006, Taiwan Cooperative Bank Merged With Farmers Bank Of China, Which Is Also A Public Bank, With Taiwan Cooperative Bank As The Surviving Bank. Farmers Bank Of China Was Eliminated Due To The Merger. Taiwan Cooperative Bank Was Renamed Taiwan Cooperative Commercial Bank Co., Ltd. At Present, Taiwan Cooperative Bank Is The Financial Institution Group With The Largest Number Of Branches At Home And Abroad In The Republic Of China (301 In Total), And Its Total Assets Rank Is Second Only To Bank Of Taiwan.
On December 1, 2011, Taiwan Cooperative Bank, Taiwan Cooperative Asset Management And Taiwan Cooperative Bills Finance Jointly Established Taiwan Cooperative Financial Holding Co., Ltd., Under The Jurisdiction Of Taiwan Cooperative Bank, Insurance, Securities, Coupons, Investment Trusts And Other Companies.
History
- In 1944, Taiwan Industrial Treasury Was Established.
- On October 5, 1946, The Taiwan Industrial Treasury Was Reorganized Into The Taiwan Cooperative Bank. The Main Shareholders Included The Taiwan Provincial Government And Various Cooperatives, Farmers' Associations, Fishermen's Associations, Farmland Water Conservancy Associations, And Other Non-governmental Organizations. The Total Share Capital Was NT $25 Million, Divided Into 250,000 Shares At NT $100 Per Share, Including 150,000 Shares Of Government Shares (public Shares) And 100,000 Shares Of Various Corporate Shares (social Shares).
- On May 31, 1979, The Foundation Stone Was Laid For The "Taiwan Cooperative Bank Building", The Headquarters Building.
- In May 1985, According To Article 52 Of The Banking Law, It Obtained The Status Of A Legal Person.
- On October 16, 1985, He Was Ordered To Generally Accept The 10th Credit Union Of Taipei City.
- On August 4, 1995, He Was Ordered To Generally Accept The Fourth Credit Union Of Changhua City (financial Code: 160).
- On January 1, 2001, Fengxun Was Restructured Into A Joint Stock Company Of Cooperative Treasury Banks, And The "branch" In Various Places Was Changed To "branch".
- On September 14, 2001, He Generally Accepted The First Credit Union Of Taichung City (financial Code: 145), The Fifth Credit Union Of Taichung City (financial Code: 149), The Ninth Credit Union Of Taichung City (financial Code: 153) And The Eleventh Credit Union Of Taichung City (financial Code: 154).
- On July 26, 2002, It Generally Accepted The Credit Department Of Three Farmers' Associations, Including The Shengang Township Farmers' Association In Taichung County, The Changhua Township Farmers' Association In Changhua County, And The Linnei Township Farmers' Association In Yunlin County.
- In June 2003, The Stock Was Publicly Issued.
- On November 17, 2004, It Was Listed On The Taiwan Stock Exchange (stock Code: 5880).
- On May 1, 2006, In Line With The Chen Shui-bian Government's Financial Reform Policy, TCB Merged With The Farmers' Bank Of China (financial Code: 002), And Was Renamed The Cooperative Treasury Commercial Bank Joint Stock Company.
- In January 2009, TCB And BNP Paribas Insurance Group Officially Signed A Joint Venture To Establish Cooperative Treasury Life. The Cooperative Treasury Will Hold 51% Of The Equity Of Cooperative Life, And The French Paribas Insurance Will Hold 49%.
- On September 24, 2010, The New Headquarters Building Was Built At The Former Taiwan Automobile And Passenger Transport Company Zhonglun Station Auto Repair Factory At The Junction Of Section 2 Of Chang'an East Road And Section 2 Of Bade Road In Songshan District, Taipei City. Sanmen United Architects Was Responsible For Planning, Design And Construction Supervision, And Assisted In The Construction Of The Construction. It Includes An Office Building With 5 Floors Underground And 20 Floors Above Ground, A 12-story Information Building And A 7-story Conference Building. The Total Floor Area Of The Building Is About 32,000 Ping. It Is Scheduled To Be Completed In 2014.
- On December 1, 2011, A Cooperative Treasury Financial Holding Company Was Jointly Established With TCB Asset Management Company And Cooperative Treasury Voucher Finance Company In The Form Of Share Conversion.
- On September 11, 2013, The Shangliang Ceremony Of The New Head Office Building "TCB Financial Control And Cooperative Treasury Commercial Bank Head Office Building" Was Held.
- On October 24, 2017, TCB Financial Control Headquarters And Cooperative Treasury Commercial Bank Head Office Building Were Opened.
