- Bank of Taiwan
company_name = Bank of Taiwan [ [http://www.bot.com.tw/English/BankProfiles/E_Finstatements/BalanceSheet.htm Balance Sheet ] ]
company_type = State-owned
foundation = 1897
location = flagicon|TWN
key_people = Tsai Jer-Shyong, Chairman
area_served = flagicon|USA
num_employees = 6,654 (2007)
assets = profitNTD 3.347 trillion (2007)
(US$ 104.830 billion)
revenue = profitNTD 10.9 billion (2007)
Taiwan Financial Holdings Group(臺灣金融控股公司)
Central Trust of China(中央信託局)
homepage = www.bot.com.tw [http://www.bot.com.tw]
footnotes = "Issuer of banknotes (1899-2000), De facto
Central Bank(1949-1961)" The Bank of Taiwan (BOT, zh-tp|t=臺灣銀行|p=Táiwān Yínháng) is a government-owned bankin Taipei City, Taiwan.
The Bank of Taiwan was first established as central bank of
Taiwanduring the Japanese rule. In order to assist the economic development, "Bank Act of Taiwan" was promulgated in 1897 and the Bank of Taiwan was established in 1899 to encourage Japanese private sectors, including Mitsubishiand the MitsuiGroup, to invest in Taiwan. There was extensive cooperation between Nippon Kangyo Bank and Bank of Taiwan in Taiwan island. A banking crisis in 1927 was relieved with the assistance from Bank of Japan. During Japan's military expansion, branches were extended into other parts of Asiawhere the empire had strong influences, including Chinaand Southeast Asia.
After the Japanese surrender in 1945, the ROC government took over the Bank of Taiwan and issued the old Taiwan dollars, also known as Taiwan Nationalist Yuan, through the Bank of Taiwan. Later in 1949, the Bank of Taiwan issued the
New Taiwan dollarto curb the severe deflation of the value of old Taiwan dollars. After the loss of the mainland in the Chinese Civil Warby the Kuomintangand its subsequent retreat to Taiwan, the Bank of Taiwan took on a more central role as the central bankof the ROC until the Central Bank of Chinawas reestablished in 1961. The Bank of Taiwan was governed under the Taiwan Provincial Governmentuntil 1998 when governance was transferred to the ROC Finance Ministry. In 2001, the duty of issuing New Taiwan dollars was transferred to the Central Bank of China.
The Bank of Taiwan currently operates a total of 169 domestic branches as well as branches in Mainland China and Hong Kong. Branches have also been established overseas in New York, Los Angeles, London, Singapore, Tokyo and South Africa.
In July 2007, the Bank of Taiwan merged with the
Central Trust of China(中央信託局) as part of a government financial reform package. The bank continues to operate as an independent company taking over some aspects of the Trust's banking business. In January 2008, the Bank became part of the Taiwan Financial Holding Group(臺灣金融控股公司), which also contains the Land Bank of Taiwan, The Export-Import Bank of China, BankTaiwan Securitiesand BankTaiwan Life Insurance.
*The Bank of Taiwan currently consists of thirteen departments of businesses:
List of banks in Taiwan
Republic of China
Economy of Taiwan
List of companies of Taiwan
Old Taiwan dollar
* [http://www.bot.com.tw/English/default.htm The Bank of Taiwan Official Website]
* [http://member.giga.net.tw/taiwannote/newpage3.htm Banknotes issued under Japanese authorities]
Wikimedia Foundation. 2010.
Look at other dictionaries:
Bank of Taiwan (basketball) — Bank of Taiwan is a basketball team in the Super Basketball League in Taiwan.ee also* Taiwan Beer (basketball) … Wikipedia
Land Bank of Taiwan — (土地銀行) is a wholly state owned bank of the Republic of China (Taiwan). It was owned by the Taiwan Provincial Government before its downsizing in December 21, 1998, when it was transferred to the jurisdiction of the Executive Yuan. Its predecessor … Wikipedia
Taiwan under Japanese rule — (Taiwan, Empire of Japan) 台灣日治時期 (大日本帝國臺灣) Annexed dependency of the Empire of Japan … Wikipedia
Taiwan Financial Holdings Group — Infobox Company company name = Taiwan Financial Holding Group (臺灣金融控股公司) company company type = State owned company slogan = foundation = Taiwan 2007/12/6 approved 2008/1/1 business commenced [ [http://www.fscey.gov.tw/competitive/Eng/3.1.1.doc… … Wikipedia
Taiwan — /tuy wahn /, n. Wade Giles, Pinyin. a Chinese island separated from the SE coast of China by Taiwan Strait: a possession of Japan 1895 1945; restored to China 1945; seat of the Republic of China since 1949. Cap.: Taipei. Also called Formosa. * *… … Universalium
Taiwan unter japanischer Herrschaft — Der Begriff Taiwan unter japanischer Herrschaft bezieht sich auf die Zeit von 1895 bis 1945, in der Taiwan japanische Kolonie war. Die Expansion nach Taiwan war Teil der generellen japanischen Expansionspolitik in Richtung Süden während des… … Deutsch Wikipedia
Bank Sinopac — Infobox Company company name = Bank Sinopac company type = Corporation company company slogan = foundation = 1992 location = Taiwan key people = num employees = | industry = Banking homepage = [http://www.banksinopac.com.tw… … Wikipedia
Taiwan Cooperative Bank — Infobox Company company name = Taiwan Cooperative Bank company company type = Public ( [http://finance.yahoo.com/q?s=5854.TW TSEC:5854] ) company slogan = foundation = flagicon|JPN1944, flagicon|TWN 1946 Reorganized location = flagicon|TWN Taipei … Wikipedia
Taiwan — Infobox Islands name = Taiwan image caption = Taiwan is mostly mountainous in the east and gently sloping plains in the west. The Penghu Islands (the Pescadores) are west of Taiwan (Satellite photo by NASA). image size = 239px locator map custom … Wikipedia
Taiwan Province — This article is about Taiwan Province, an administrative province of the Republic of China (ROC). For the island governed by the Republic of China (ROC), see Taiwan. For the on paper province claimed by the People s Republic of China, see Taiwan… … Wikipedia