HSBC Bank (Taiwan) Limited () is the foreign bank to incorporate locally in

Taiwan Taiwan, officially the Republic of China (ROC), is a country in East Asia, at the junction of the East and South China Seas in the northwestern Pacific Ocean, with the People's Republic of China (PRC) to the northwest, Japan to the nort ...

since 2009. It is part of the

HSBC Group HSBC Holdings plc is a British multinational universal bank and financial services holding company. It is the largest bank in Europe by total assets ahead of BNP Paribas, with US$2.953 trillion as of December 2021. In 2021, HSBC had $10.8 tr ...

and is wholly owned by

Hong Kong Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China (abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delta i ...

-based

The Hongkong and Shanghai Banking Corporation Limited HSBC Holdings plc is a British multinational universal bank and financial services holding company. It is the largest bank in Europe by total assets ahead of BNP Paribas, with US$2.953 trillion as of December 2021. In 2021, HSBC had $10.8 tril ...

. HSBC's presence in Taiwan dates back to 1885 when The Hongkong and Shanghai Banking Corporation appointed an agent. A full-service branch was established in Taipei in 1984. Prior to the acquisition of the business and operations of The Chinese Bank, The bank had a network of eight branches, providing a full range of insurance, personal, commercial, corporate, private banking and investment services to its customers in Taiwan. In 2007, The Hongkong and Shanghai Banking Corporation acquired one of Taiwan's leading factoring companies, Chailease Credit Services, and opened a new life insurance company. In 2006, HSBC Direct launched, it is the first Direct Banking services in Taiwan. In March 2008, The bank acquired the business and operations of The Chinese Bank in Taiwan, which gave HSBC an additional 39 branch licenses, increasing its network at the time five-fold. In 2009, HSBC Bank (Taiwan) Limited established, and operated through the locally incorporated entity in May 2010.

External links

HSBC Bank (Taiwan) Limited website
Banks of Taiwan

Banks established in 2009 Taiwanese companies established in 2009 {{Taiwan-company-stub