Neha Patil (Editor)

Chang Hwa Bank

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Industry
  
Banking

Founder
  
Wu Ju-Hsiang

Headquarters
  
Taichung

Founded
  
1905

Chang Hwa Bank httpsmediaglassdoorcomsqll40438changhwab

Type
  
Public (TWSE: 2801) since January 1, 1998

Area served
  
United States United Kingdom Singapore Hong Kong

Key people
  
Yongsan Li, Chairman of the Board Chengqing Wu, Managing Director, Wenyou Wang, Managing Director, Zhishang Gao, Managing Director, Leming Su, Managing Director

Products
  
Financial Services including: Consumer Banking Corporate Banking Investment Banking Stock broking

Revenue
  
NT$ 8.483 billion (2007) (US$ 267 million)

Stock price
  
2801 (TPE) NT$ 18.35 +0.10 (+0.55%)2 Mar, 1:30 PM GMT+8 - Disclaimer

Motto
  
Service, Efficiency, Innovation

Parent organization
  
Taishin Financial Holdings

Taishin financial supports takeover of subsidiary by chang hwa bank


Chang Hwa Bank (CHB; Chinese: 彰化銀行; pinyin: Zhānghuà Yínháng; Pe̍h-ōe-jī: Chiong-hòa-gîn-hâng) is a Taiwan-based financial institution that offers both retail and commercial banking services to private and corporate customers.

Contents

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).

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History

It was established in 1905 under Japanese rule in Changhua County, and relocated to Taichung in 1910. Japanese shares were taken over by the Republic of China government after World War II. 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.

    • References

    Chang Hwa Bank Wikipedia
    (Text) CC BY-SA


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