Taiwan Cooperative Bank
The Taiwan Cooperative Bank is a publicly listed bank headquartered in Taipei, Taiwan. Originally established in 1923 during Japanese rule in Taiwan, TCB was reorganized in 1946 and has grown significantly since. Today, it is one of the largest banks in Taiwan and has the most branches among Taiwanese banks. Taiwan Cooperative Bank is one of Taiwan's six domestic systemically important banks.
History
The bank was first established in 1923 as an alliance of about 290 credit unions in Taiwan.In 2009, BNP Paribas announced a joint venture with TCB to sell insurance products in Taiwan. The following year, BNP announced another joint venture with TCB to set up an asset management operation in Taiwan.
Taiwan Cooperative Bank was listed by the Financial Supervisory Commission as a domestic systemically important bank, along with Taipei Fubon Bank, CTBC Bank, Cathay United Bank, Mega International Commercial Bank, and First Commercial Bank.
In 2022, the bank opened a Czech office in Prague to tap business opportunities in Central Europe. The move came in the midst of warming relations between Taiwan and the Czech Republic.
On 2 July 2023, CEO Lin Chien-hao died, and operations were announced to be continuing under the interim leadership of bank president Lin Mao-yin and general manager Chen Mei-tsu.
Baseball team
The Taiwan Cooperative Bank Baseball Team, also known as TCB Baseball Team, is a team in the Popcorn League. Along with Taipower, TCB was one of the two teams in Taiwan's First Division amateur baseball league that were owned by government-sponsored corporations. The team won the Popcorn League championship in the 2017, 2018, 2020, 2021, and 2022 seasons and has the most championships in the league.Founded in 1948, players on the team included Olympian Chang Hsing-hsien.