China National Bank advances to Fukuoka and another Taiwanese bank is approved to set up an office

TSMC (2330) Kumamoto Factory 1 will start mass production at the end of the year. Following in the footsteps of the National Protectorate Mountain, China National Bank has entered Kyushu and Fukuoka! Following the opening of Yushan Bank’s Fukuoka branch on September 1, Taishin Bank also recently announced that the application for the establishment of a Fukuoka branch office has been officially approved by the Japan Financial Services Agency. The Financial Supervisory Commission (on the 8th) approved the Bank of Taiwan’s application to the Japanese regulatory authorities to establish a Fukuoka representative office. In order to seize Japanese semiconductor business opportunities, the National Bank of China has successively entered Fukuoka to prepare.

The Financial Supervisory Commission stated that the Bank of Taiwan already has a Tokyo branch in Japan. The bank considers Japan as a major global economy and plans to set up a representative office in Fukuoka in Japan to capture the development momentum of the local economy and technology industry and expand the bank’s Japanese business. Development map.

In addition, Bank of Taiwan now has 11 branches in New York, Los Angeles, Hong Kong, Tokyo, Singapore, South Africa, London, Shanghai, Guangzhou, Fuzhou and Sydney, as well as branches in Mumbai, Yangon, Silicon Valley, Bangkok, Frankfurt, Jakarta, Ho Chi Minh City, etc. There are 10 representative offices in Manila, Kuala Lumpur and Phoenix.

CDB has one subsidiary bank and 10 branches in Japan, of which 8 branches are located in Tokyo, 1 branch is located in Osaka, and 1 is located in Fukuoka. The Financial Supervisory Commission stated that domestic banks that currently have branches in Japan include Bank of Taiwan, First Commercial Bank, Changhua Commercial Bank, Mega International Commercial Bank, Taiwan Small and Medium Enterprise Bank, Yushan Commercial Bank, Taishin International Commercial Bank and 8 banks including China Trust Commercial Bank.

When Taishin Bank was approved to apply for the establishment of a Fukuoka branch office, it also stated that with the announcement of TSMC’s investment in Japan, Taishin Bank was optimistic about Kyushu’s future business development opportunities and decided to establish a Fukuoka branch office to expand its business scope to the Kyushu region of Japan to grasp Japanese semiconductors. Business opportunities for the development of industrial clusters and other high-tech industrial clusters under the magnetic attraction effect.

• Yahoo Finance special correspondent Ye Yiru: 22 years of experience in mainstream financial media. From the Web1.0 bubble in 2000 to the Meta Yuanverse Web3.0, he has witnessed the rise and fall of Taiwan’s large and small enterprise groups and has experienced five international financial crises. We believe that finance is life and is everywhere. No matter how difficult financial knowledge is, we should explain it in a simple way. Everyone, young and old, should manage money. If you don’t manage money, money will not care about you.