Top Banks in Taiwan

An overview of Taiwan's leading financial institutions

Overview of Banks in Taiwan

The Central Bank of Republic of China (Taiwan) was established in 1924. It is administered under the Executive Yuan of the ROC Government. The central bank regulates the activities of financial institutions and banks in Taiwan to guarantee the effective enforcement of its policies.


Banks in Taiwan


The main functions of Taiwan’s central bank are:

  • Manages the country’s monetary policy and payment systems
  • Issues currency
  • Acts as a fiscal agent of the government and handles the issuance, registration, redemption, and interest payments of central government bonds and treasury bills
  • Manages foreign exchange


According to Moody’s, the Taiwanese banking system is stable. The rating agency expects credit metrics of banks in Taiwan will remain mostly steady, despite the subdued domestic operating environment and weak demand for key electronics products.

For anyone considering a banking career in Taiwan, this list of top banks in Taiwan is a helpful guide on where to start. To learn more, see all our list of financial institutions.


The top banks in Taiwan are:



Established in 1966, CTBC Bank is one of the largest private banks in Taiwan. Formerly known as China Securities and Investment Corporation, the bank become a subsidiary of CTBC Financial Holding Co. Ltd. In 2002.

Headquartered in Taipei, it employs around 11,000 employees and operates a total of 150 branches in Taiwan and 108 overseas outlets located in the US, Canada, Japan, Indonesia, the Philippines, India, Thailand, Vietnam, Malaysia, Hong Kong, Singapore, China, Myanmar, and Australia.

As of 2016, total assets of the bank were US$120.98 billion and net profit was US$793.49 million.


Deutsche Bank

Incorporated in 1980, Deutsche Bank operates as a subsidiary of Deutsche Bank AG. The bank provides consumer loans, mortgages, foreign exchange, loans, merger and acquisition advice, securities underwriting, trade finance, trust services, securities brokerage, asset management, private banking, and insurance products and services. With around 178 employees, it is based in Taipei City.

As of 2016, the bank’s net revenue amounted to US$84.16 billion.


Hua Nan Com Bank

Hua Nam Com Bank provides commercial banking products and services in Taiwan, as well as in other countries. Established in 1919, the bank oversees a network of 186 branches in the country, one offshore banking unit, and 12 overseas branches. It employs around 7,000 staff, operating out of Taipei City.

In 2016, the bank reported total assets of US$85.50 billion and a net profit of US$469 million.


Bank of Taiwan

Founded in 1946, Bank of Taiwan is the first of the government-owned banks in Taiwan. The bank now operates a subsidiary of Taiwan Financial Holdings. It manages a network of 163 branches in the country, 10 overseas branches, one sub-branch, two representative offices, one offshore banking unit, and three preparatory offices. With around 8,000 employees, it is based in Taipei City.

As of 2016, the bank’s total assets were US$163.85 billion and net profit was US$606.21 million.


Shanghai Commercial and Savings Bank

Headquartered in Taipei City, Shanghai Commercial and Savings Bank offers commercial banking services to retail and corporate clients in Taiwan. Established in 1915, it currently employs 2,400 individuals and operates 69 branches. It also manages seven overseas branches in Shanghai, Shenzhen, Shanghai Pilot Free Trade Zone, London, New York, San Francisco, and Los Angeles, USA.

As of 2016, the bank’s assets totaled US$56.54 billion and net profit reached US$7.08 million.


Land Bank of Taiwan

Land Bank of Taiwan was formed in 1945. The bank operates a network of 150 domestic branches, seven overseas branches, and an international finance business branch. With around 5,703 employees, it is headquartered in Taipei City.

In 2016, the bank posted total assets of US$91.78 billion and a net profit of US$357.82 million.


Taiwan Cooperative Bank

Taiwan Cooperative Bank is a subsidiary of Taiwan Cooperative Financial Holding Company, Ltd. Founded in 1946, the bank provides corporate and retail banking products and services in Taiwan and other countries. It runs its operations through its Deposit and Loan Section, Credit Section, Funding Section, Trust and Insurance Section, and Others segments.

Based in Taipei City, the cooperative bank manages 288 domestic and overseas branches and employs around 8,100 individuals.

As of 2016, total assets of the bank were US$443.20 billion and net profit was US$94.67 billion.


Citibank Taiwan

Established in 1964, Citibank Taiwan provides financial products and services to consumers, corporations, governments, and institutions. The bank operates as a subsidiary of Citibank Overseas Investment Corporation. With headquarters in Taipei City, its workforce comprises around 4,000 employees.


Taipei Fubon Bank

Taipei Fubon Bank was formed after a merger between two other banks in Taiwan – Fubon Bank and TaipeiBank in 2005. The bank comprises Personal Finance Group, Corporate Banking Group, and Overseas Subsidiary segments. It manages a network of 127 branches, five overseas branches, and an offshore banking unit.

The bank is a subsidiary of Fubon Financial Holdings Co. Ltd and is based in Taipei City with 6,769 employees.

As of 2016, the bank’s total assets amounted to US$218.16 billion and a net profit of reached US$1.66 billion.


Sun Commercial Bank

Founded in 1992, E.Sun Commercial Bank currently operates as a subsidiary of E.Sun Financial Holding Company, Ltd. The bank provides deposits, loans, credit cards management, foreign exchanges, and other financial services. Headquartered in Taipei City, it manages a network of 137 domestic branches and 24 outlets in China, Hong Kong, Singapore, Los Angeles, Vietnam, Cambodia, Myanmar, and Australia.

In 2016, the bank reported total assets of US$64.23 billion and a net profit of US$455.48 million.


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Additional resources

This has been CFI’s guide to the top banks in Taiwan. For anyone looking for a career in banking, this list is a great place to start your networking. Please also see these additional resources:

  • Top banks in Singapore
  • Top 100 investment banks
  • Investment banking interview questions
  • Walk me through a DCF
  • Financial modeling guide

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