Taichung_Bank

Taichung Bank

Taichung Bank

Taiwanese bank

The Taichung Bank (Chinese: 台中銀行; pinyin: Táizhōng Yínháng; Pe̍h-ōe-jī: Tâi-tiong-gîn-hâng),[1] officially Taichung Commercial Bank, is a public bank headquartered in Taichung, Taiwan.

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In 2015, Fitch Ratings assigned ratings to Taiwan's Taichung Commercial Bank (TCB) as follows: 'BB+' (BB plus) Long-term Issuer Default Rating (IDR), 'B' Short-term IDR, 'A-(twn)' National Long-term rating, 'F2(twn)' National Short-term rating, 'bb+' Individual rating, '5' Support rating and 'NF' Support Rating Floor.[2]

In October 2022, the institution's board of directors announced that Taichung Bank was planning to acquire the American Continental Bank.[3]

History

The Bank was formerly the Taichung District Joint Saving Company that was approved and established in April 1953.[4]

See also

Wikimedia Commons has media related to Taichung Commercial Bank.

References

  1. [1]
    TSEC:2812
  2. [2]
    https://www.tcbbank.com.tw/intro/FitchRatings.doc Fitch Assigns Ratings to Taichung Commercial Bank
  3. [3]
    Pan, Tzu-yu and; Ko, Lin (1 October 2022). "Taichung Commercial Bank board agrees to acquire American bank". Central News Agency. Retrieved 4 October 2022. Republished as: "TCB to purchase American Continental". Taipei Times. 3 October 2022. Retrieved 4 October 2022.
  4. [4]
    https://www.tcbbank.com.tw/eng/pages/History.doc


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