A Historical Journey
1899
The Bank of Taiwan was the first government-funded bank in Taiwan
during the Japanese colonial period.
It opened a new chapter in the development of modern banking in Taiwan.
1900
The San Jiao Yong (The old name of Sanxia, New Taipei City)
Farmers’ Association was the first farmers’ association in Taiwan.
It provided financial services to farmers, and was also the first organization for agricultural credit.
1947
Taiwan Life and Taiwan Fire & Marine Insurance Company were Taiwan’s first publicly funded insurance companies.
They raised public awareness on risk management.
1961
The Taiwan Stock Exchange Corporation was the first centralized securities exchange market in Taiwan,
providing corporations with new funds and creating wealth for the public.
It marked an important milestone in Taiwan's capital market development.
1974
The Taipei Exchange took over over-the-counter (OTC) securities trading from the Taiwan Securities Association, offering platforms for both centralized trading and OTC negotiated trading.
It allowed innovative companies to be publicly listed, and also assisted in their business development.
1975
The first interinstitutional credit reporting agency in Asia, JCIC is responsible for collecting, processing, and exchanging credit data among financial institutions.
It continues to serve its member institutions by providing accurate, high-quality credit information on a user-paid basis.
1980
The Banking and Finance Institute was Taiwan’s first institution for training and research of banking professionals.
After merging with the Banking Institute of the Republic of China in 2000, it is now recognized as the Taiwan Academy of Banking and Finance (TABF).
It promotes financial education and research, enhances professionalism, and facilitates modernization of financial services.
1984
The Securities and Futures Institute (SFI) promotes training and knowledge in the industry, and also provides investment guidance.
It contributes to academic and practical research, and facilitates sound market development.
1985
The Taiwan Insurance Institute facilitates development of the insurance industry and enhances the development of new products.
1985
The Central Deposit Insurance Corporation (CDIC) built the framework for the deposit insurance system, protects the rights of depositors in financial institutions, maintains order in the credit system, and enhances the development of financial services.
1989
The Taiwan Securities Central Depository Co., Ltd. (TSCD) aims to ensure the safety and efficiency of Taiwan's stock market. It provides book-entry services for securities transactions, clearing and settlement for both cash and securities, and registration of non-physical securities. TSCD merged with Debt Instruments Depository and Clearing Co., Ltd., and now is known as the Taiwan Depository & Clearing Corporation.
1997
The Taiwan Futures Exchange covers a wide range of product categories, including stock index futures and options, single stock futures, equity options, and currency futures.
A base in Taiwan, integrated with the rest of the world, it endeavors for market internationalization.
1998
The Financial Information Service Co., Ltd provides a variety of interbank transaction routing and clearing services,
improving the stability of interbank transactions and the efficiency of e-payments.
2004
The Financial Supervisory Commission (FSC) comprehensively reviews the development, supervision, management and examination of the financial market and services, and aims to achieve objectives by improving the operation of financial institutions, maintaining financial stability, and promoting the development of the financial market.
2012
The Financial Ombudsman Institution is committed to protecting the interests of financial consumers and to handling disputes fairly, reasonably, and effectively.
