Taichung Bank
Encyclopedia
The Taichung Commercial Bank (TSEC:2812) is a public bank
Bank
A bank is a financial institution that serves as a financial intermediary. The term "bank" may refer to one of several related types of entities:...

, headquartered in Taichung City, Republic of China
Republic of China
The Republic of China , commonly known as Taiwan , is a unitary sovereign state located in East Asia. Originally based in mainland China, the Republic of China currently governs the island of Taiwan , which forms over 99% of its current territory, as well as Penghu, Kinmen, Matsu and other minor...

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

Fitch Ratings has assigned ratings to Taiwan's Taichung Commercial Bank (TCB) as follows: 'BBB-' (BBB minus) Long-term Issuer Default Rating (IDR), 'F3' Short-term IDR, 'A(twn)' National Long-term rating, 'F1(twn)' National Short-term rating, 'C/D' Individual rating, '5' Support rating and 'NF' Support Rating Floor. The Outlooks on the IDR and National Long-term ratings are Stable.Fitch Assigns Ratings to Taichung Commercial Bank

See also

  • Economy of Taiwan
    Economy of Taiwan
    Taiwan has a developed capitalist economy that ranks as the 19th largest in the world by Purchasing power parity and 24th in nominal GDP of investment and foreign trade by the Republic of China government which governs Taiwan. In keeping with this trend, most large government-owned banks and...

  • Taiwan yen
    Taiwan yen
    The yen was the currency of Taiwan, between 1895 and 1946. It was on a par with and circulated alongside the Japanese yen. The yen was subdivided into 100 sen .-History:...

  • Old Taiwan dollar
    Old Taiwan dollar
    The Old Taiwan dollar , sometimes called Old Taiwan yuan, was the currency of Taiwan, Republic of China from 1946 to 1949. It was issued by the Bank of Taiwan.-History:...

  • Republic of China
    Republic of China
    The Republic of China , commonly known as Taiwan , is a unitary sovereign state located in East Asia. Originally based in mainland China, the Republic of China currently governs the island of Taiwan , which forms over 99% of its current territory, as well as Penghu, Kinmen, Matsu and other minor...

  • Taichung
    Taichung
    -Demographics:Taichung’s population was an estimated 1,040,725 in August 2006. There are slightly more females in the city than males.24.32% of residents are children, while 16.63% are young people, 52.68% are middle-age, and 6.73% are elderly....

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