Finance
List of Commercial banks in Taiwan
Taiwan, officially known as the Republic of China, possesses a robust banking sector that serves as a cornerstone of the country’s economy. With a history of economic development and a strong emphasis on innovation, Taiwan’s banking sector has evolved to meet the diverse financial needs of businesses and individuals, playing a critical role in facilitating economic growth and stability.
Taiwan’s Banking Sector: Transformation and Innovation
Taiwan’s modern banking system evolved significantly from its mid-20th-century origins, initially dominated by state-owned banks. Economic reforms and liberalization in the late 20th century spurred rapid expansion and transformation. Today, Taiwan’s banking sector includes a diverse mix of domestic and international banks regulated by the Financial Supervisory Commission (FSC). Major players like Mega International Commercial Bank and Taiwan Cooperative Bank offer extensive services, supported by international banks such as Citibank and HSBC. Embracing digitalization and fintech, Taiwan leads in technological innovation with robust digital platforms and a thriving fintech startup ecosystem. Challenges include competition, regulatory compliance, and demographic shifts, but opportunities in regional growth and innovation continue to drive sector resilience and evolution.
| Bank Name | Sector | Headquarters | Bank Revenue(TWD) | Bank Revenue(USD) | Contact Details |
| Mega International Commercial Bank | Private | Taipei, Taiwan | 1.7 Billion | 0.05 Billion | +886 225633156 |
| Chinatrust Commercial Bank | Private | Taipei, Taiwan | 3.45 Billion | 0.10 Billion | +886 233277777 |
| Cathay United Bank | Private | Taipei, Taiwan | 3.4 Billion | 0.10 Billion | +866 32706729 ; |
| E. Sun Commercial Bank | Private | Taipei, Taiwan | 2.02 Billion | 0.06 Billion | +886 221751313 |
| Taishin International Bank | Private | Taipei, Taiwan | 100 Million | 3.12Million | +886 225683988 |
| Taiwan Cooperative Bank | Government-owned | Taipei, Taiwan | 2.5 Billion | 0.07 Billion | +886 223118811 |
| First Commercial Bank | Private | Taipei, Taiwan | 59.70 Billion | 1.86 Billion | +888221811111 |
Taiwan’s banking system is a powerful driver of innovation and inclusion. By embracing technology, strong regulations, and a focus on customers, it’s well-equipped to handle challenges and thrive in a competitive global market. This positions Taiwan’s banks as a key player in the country’s sustainable economic development
