Taiwan Cooperative Financial Holding Co. Ltd

Detailed Description

Taiwan Cooperative Financial Holding Co., Ltd., together with its subsidiaries, provides commercial banking, insurance, securities, bills finance, asset management, and investment trust services in Taiwan. It offers general deposits and loans. The company is also involved in the planning, management, and operation of the trust business; securities investment trust, discretionary investment, and securities investment consulting business; venture capital investment activities; and custodianship of nondiscretionary trust funds in domestic and overseas securities and mutual funds. In addition, it engages in securities brokerage, dealing, and underwriting activities; provision of pecuniary and securities financing facilities for the trading of listed securities; and trading of futures and futures proprietary trading business. Further, the company brokers and deals in short-term bills, government bonds, and bank debentures; underwrites commercial papers; acts as a registrar of commercial papers; provides guarantees on or endorsements of commercial paper and bank acceptance, as well as consulting services on corporate financial matters; brokers call loans between financial institutions; deals in corporate bonds; and offers investment related equity instruments. Additionally, it is involved in the purchase, appraisal, auction, and management of financial institutions' creditors' rights, as well as the purchase of accounts receivable and management of overdue receivables; personal injury, health, annuity, and investment-linked insurance products; and life and property insurance brokering business. As of December 31, 2020, the company operated 269 branches in Taiwan, as well as 1 offshore banking unit, 13 overseas branches, 8 overseas sub-branches, and 2 representative offices. Taiwan Cooperative Financial Holding Co., Ltd. was incorporated in 2011 and is headquartered in Taipei, Taiwan.