|Jan 19, 2018|
|Jan 19, 2018|
Currency in TWD
|Full time employees:||19,895|
CTBC Financial Holding Co. Ltd. engages in the provision of personal and business banking and stock dealing. It focuses on financial, investment, insurance, securities, insurance, and lottery business. The company was founded on May 17, 2002 and is headquartered in Taipei, Taiwan.
Controlled by one of Taiwan's most powerful families, the Koos, CTBC offers banking, insurance and brokerages services. Unlike Fubon Financial Holding and Cathay Financial Holding, two other Taiwanese financial services companies that make most of their profits on life insurance, most of CTBC's earnings come from its banking unit, backed by its strong wealth management services and overseas businesses.
Founded by Koo Chen-fu and his nephew Jeffrey Koo in 1966, CTBC started out as Taiwan's first brokerage. It turned into a financial holding company in 2002. In 2013, the company renamed itself from Chinatrust to CTBC, shortened from Chinatrust Banking Corp., to rebrand itself as part of its regional expansion efforts.
What differentiates CTBC from Fubon and Cathay in their common expansion attempts is its substantial presence in Japan. It acquired midsize Japanese lender Tokyo Star Bank in 2014.
It is generally recognized that the Koo family, particularly CTBC Charity Foundation Chairman Jeffrey Koo, Jr., exercise significant influences over CTBC. Jeffrey has a Master of business Administration degree from the Wharton School of the University of Pennsylvania in the U.S.
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- Local currency
- US Dollar
|Income before tax||33,717.53M|
|Dividends per share||0.85|
|Operating cash flow||86,922.14M|
Currency in TWD
|Income before tax||1,045.47M|
|Dividends per share||0.02|
|Operating cash flow||2,695.19M|
Currency in USD
- President & Chief Risk Officer: Tai Ko Cheng
- Chief Financial Officer: Ya-Ling Chiu
- Chief Compliance Officer: Alex Lu
- Chief Administration Officer: Roger Kao
- Chief Investment Officer: Winston Hsia
- The Vanguard Group, Inc.(3.2%)
- Wealthy Wonder Group Ltd.(3.2%)
- Nan Shan Life Insurance Co., Ltd.(2.3%)
- Estate of Koo Jeffrey Ls Jr(2.1%)
- BlackRock Fund Advisors(2.0%)
- GIC Pte Ltd. (Investment Management)(1.9%)
- Cathay Life Insurance Co., Ltd. (Invt Port)(1.9%)
- Eastspring Investments (Singapore) Ltd.(1.6%)
- Chuan Wei Investment Co. Ltd.(1.6%)
- Eagleright Management Co. Ltd.(1.6%)
- Website: http://www.ctbcholding.com
- Address: 27/F & 29/F, No. 168 Jingmao 2nd Road, Taipei, 115, Taiwan
- Phone: +886.2.3327.7777
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