Yuanta Commercial Bank

Yuanta Commercial Bank, commonly known as Yuanta Bank, is a Taiwanese commercial bank and a wholly owned subsidiary of Yuanta Financial Holding Co., Ltd. Its corporate history begins with the establishment of Asia Pacific Commercial Bank, which received approval from Taiwan's Ministry of Finance on January 14, 1992, and commenced business on February 12 of that year. The bank later became part of the Fuhwa Financial Holding group, took the name Fuhwa Commercial Bank, and adopted the Yuanta Commercial Bank name in 2007. The bank serves both personal and corporate customers. Its website presents a broad retail and business-banking offer that includes mobile and online banking, accounts, loans, credit cards, foreign-exchange services, remittances, investment-related information and automated banking services. The site also provides fund net-asset-value information, rate and currency quotations, card applications, account-opening services and customer support. These offerings position Yuanta Bank as a full-service commercial bank rather than a single-product financial brand. The bank describes its approach as balancing corporate and personal finance, using the resources of its financial-holding group, and operating according to the principles of integrity, prudence, service, innovation and care. Its company profile characterizes it as one of Taiwan's medium-to-large private banks and reports 150 domestic branch locations, alongside overseas operations including a Hong Kong branch and a Philippine subsidiary. The Chinese-language Wikipedia entry also identifies overseas locations in South Korea, Hong Kong and the Philippines; the precise scope of its foreign network can vary by source and date. Yuanta Bank's expansion has included acquisitions and assumption of other institutions' operations. Between 2003 and 2005 it successively acquired the Douliu, Taitung, Tainan Seventh and Tainan Sixth credit cooperatives. In April 2010 it assumed the domestic branches of Chinfon Bank, and on January 1, 2018 it merged with Ta Chong Bank. The bank's current public-facing materials also emphasize digital access, customer protection, governance, responsible finance and sustainability. Yuanta Commercial Bank is a commercial bank in Taiwan, offering financial services including deposits, loans, credit cards, and wealth management. As a subsidiary of Yuanta Financial Holding Company, it plays a significant role in Taiwan's financial market.

Yuanta Commercial Bank's institutional history begins with Asia Pacific Commercial Bank. According to the bank's official company profile, the institution received approval from Taiwan's Ministry of Finance on January 14, 1992, and began operations on February 12, 1992. Its later development reflected Taiwan's financial-sector restructuring and the consolidation of banking operations into financial holding groups. On August 1, 2002, Asia Pacific Commercial Bank joined Fuhwa Financial Holding through a share-conversion arrangement and became its wholly owned subsidiary. In September of the same year it changed its name to Fuhwa Commercial Bank. Yuanta Jinghua Securities joined Fuhwa Financial Holding on April 2, 2007; on September 23, 2007, the bank adopted the name Yuanta Commercial Bank. The present bank therefore combines the legacy of its original commercial-bank business with later acquisitions and group-level development under the Yuanta name. The bank expanded its footprint through a series of acquisitions. From 2003 to 2005 it successively acquired Douliu Credit Cooperative, Taitung Credit Cooperative, Tainan Seventh Credit Cooperative and Tainan Sixth Credit Cooperative. In April 2010 it assumed Chinfon Bank's 18 domestic branches. On January 1, 2018, it merged with Ta Chong Bank. These transactions broadened its branch base and strengthened its capacity to serve a wider range of retail and business customers. The bank's official profile describes a strategy of developing corporate and personal finance in a balanced way, maintaining asset quality and capital adequacy, and making use of the advantages of its financial holding group. The profile reports 150 domestic branches and overseas operations that include a Hong Kong branch and a Philippine subsidiary. A Chinese-language Wikipedia entry describes the institution as a medium-sized Taiwanese commercial bank and lists overseas locations in South Korea, Hong Kong and the Philippines; the two sources do not use precisely identical descriptions of the foreign network. In its current customer-facing operations, Yuanta Bank combines physical branches with mobile and online services. Its website presents personal and business banking, card and loan services, foreign exchange, online access, SuperATM and investment-related information. The bank also publishes materials on governance, responsible lending, responsible investment, sustainability, customer rights, information security, anti-money-laundering controls and institutional-investor stewardship. Its stated operating principles are integrity, prudence, service, innovation and care.

• 2018

  Merges with Ta Chong Bank

  On January 1, 2018, Yuanta Commercial Bank merged with Ta Chong Bank.

• 2010

  Assumes Chinfon Bank's domestic branches

  In April 2010 the bank assumed Chinfon Bank's 18 domestic branches.

• 2007

  Yuanta Jinghua Securities joins Fuhwa Financial Holding

  Yuanta Jinghua Securities joined Fuhwa Financial Holding on April 2, 2007.

• 2007

  Renamed Yuanta Commercial Bank

  On September 23, 2007, the bank adopted the name Yuanta Commercial Bank.

• 2003

  Acquires four credit cooperatives

  From 2003 to 2005 the bank successively acquired Douliu Credit Cooperative, Taitung Credit Cooperative, Tainan Seventh Credit Cooperative and Tainan Sixth Credit Cooperative.

• 2002

  Joins Fuhwa Financial Holding

  On August 1, 2002, Asia Pacific Commercial Bank joined Fuhwa Financial Holding through a share-conversion arrangement and became its wholly owned subsidiary.

• 2002

  Renamed Fuhwa Commercial Bank

  In September 2002 the bank changed its name to Fuhwa Commercial Bank.

• 1992

  Asia Pacific Commercial Bank receives approval to establish

  Approved by Taiwan's Ministry of Finance on January 14, 1992.

• 1992

  Asia Pacific Commercial Bank begins operations

  Commenced business on February 12, 1992.

A full-service Taiwanese commercial bank serving individual and corporate customers, with domestic branches, overseas operations and digital banking channels; it presents itself as balancing personal and corporate finance and drawing on the resources of Yuanta Financial Holding.

• Mobile and online banking

  Digital banking access for customers, including Yuanta Mobile Banking and personal online banking.

• Personal and corporate banking

  The bank states that it develops both personal and corporate banking businesses.

• Cards, loans and account services

  The official website promotes card applications, loan services and account opening.

• Foreign exchange and remittance

  The website provides foreign-exchange quotations and identifies foreign-exchange and related services.

• SuperATM

  An automated banking service promoted on the bank's website.

• Wealth management

  Wealth-management services offered as part of the bank's financial services.

• Emphasizes governance and sustainable financeOther

1. 1Yuanta Commercial Bank official homepageyuantabank.com.tw
2. 2Yuanta Commercial Bank official company profileyuantabank.com.tw
3. 3Yuanta Commercial Bank official governance pageyuantabank.com.tw
4. 4Yuanta Commercial Bank official institutional-investor stewardship pageyuantabank.com.tw
5. 5Yuanta Commercial Bank — Chinese Wikipediazh.wikipedia.org
6. 6Yuanta Commercial Bank — Wikidatawikidata.org
7. 7元大商業銀行zh.wikipedia.org