First Commercial Bank, referred to as "First Bank" or "One Bank", is a large commercial bank headquartered in Taipei City, Taiwan. It is the first private bank and the second local bank in Taiwan. It is one of the three commercial banks. It was founded by Shi Shen in the south during the Japanese occupation. It was formed by the Taiwan Savings Bank established in 1899 after many reformations. Now it is a main subsidiary of First Financial Holdings and one of the "eight major banks" in Taiwan.

History

Taiwan Commercial and Industrial Bank Main Store in Taipei City

On November 12, 1899, Taiwan Savings Bank opened. Our store is located on Wenwu Street in Taipei City. On August 12, 1910, Taiwan Commercial and Industrial Bank opened, with the main purpose of developing the industry in southern Taiwan. One of the founders, Su Yunying, was the grandfather of Su Zhenchang, the former president of the Executive Yuan. Our store was located in Agou Street, West Zhongli, Agou Hall (now Pingtung City, Pingtung County, Taiwan Province). In 1912, Taiwan Commercial and Industrial Bank moved its store to No. 1-chome, Futai Street, Taipei, and merged with Taiwan Savings Bank. In 1923, Taiwan Commercial and Industrial Bank merged Chiayi Bank and New Gao Bank, and its business area covered all parts of western Taiwan. In the 1940s, Taiwan Commercial and Industrial Bank had about 30 branches (branches) and branches (offices) in Taiwan.

Head Office of Taiwan First Commercial Bank (dismantled)

On October 25, 1945, the Nationalist government took over Taiwan and returned Taiwan Commercial Bank to the shareholding of the Taiwan Provincial Government. In 1947, Taiwan Commercial Bank was restructured and renamed "Taiwan Industrial and Commercial Bank of China", and on March 1, 1949, it was renamed "Taiwan First Commercial Bank"; in order to strengthen the business internationalization strategy, it was renamed "First Commercial Bank" in 1976, and on January 22, 1998, it was transformed from a public system to a private bank. On January 2, 2003, "First Financial Holding Joint Stock Company" was established, and the First Commercial Bank was immediately included as its subsidiary.

The existing capital of First Commercial Bank is NT $90.88 billion, and its total assets and first-class capital rank among the top 250 in the world. In addition to the head office business department, there are 187 branches in China; there are also 30 foreign branches, 3 offices, 1 subsidiary bank and 8 branches. It has entered the international metropolis and financial and commercial center to meet the business needs of customers and meet the full range of financial services of Taiwanese enterprises.

In 1981, First Commercial Bank built a head office building on a section of Chongqing South Road in Taipei City. Designed by architect Guo Maolin, it was the tallest building in Taiwan at that time.

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