Established in 1946, the Taiwan Cooperative Bank is a publicly listed bank with headquarters in Taipei City, Taiwan. It was formed through the reorganization of the “Taiwan Industry Bank” in the Japanese occupation era. The bank has constantly updated its operating scale in the last 60 years. Today it has become a consolidated international bank for farming, fishery, cooperative and business financing. With over 300 domestic and overseas branches, it is the second largest bank of Taiwan and 334th in the global ranking of top 500 banking brands. Overseas, it operates in Belgium, China, Hong Kong Special Administrative Region, Philippines, the United States of America, and Australia. It opened its Sydney branch in September 2011.
The TCB branch in Sydney aims to build trade and investment between Taiwan and NSW by encouraging bilateral business by providing deposit services, loans, trade financing, foreign exchange trade and other commercial services like corporate banking, retail banking, treasury management, and wealth management services. It also offers financing for cooperative enterprises, the farming and fishery industries, and small and medium enterprises, and deposits, loans and foreign exchange services for business enterprises. The NSW Government facilitated the establishment of TCB’s branch in Sydney by providing market intelligence, project development advice, industry and government contacts, and visa application support.
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