Chang Hwa Bank Information and Details

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Chang Hwa Bank is a Taiwanese bank that has a long history dating back to 1899. It was established as the Bank of Taiwan and was later renamed to Chang Hwa Bank in 1918.

Chang Hwa Bank has a wide range of banking services, including personal banking, corporate banking, and investment services. The bank offers a variety of deposit accounts, loans, and credit cards to its customers.

Chang Hwa Bank has a strong presence in Taiwan, with over 500 branches across the country.

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Bank Information

Chang Hwa Bank's valuation is quite impressive, with a capitalization of up to 66.35 billion and an enterprise value of up to 189 billion.

The bank's P/E ratio has fluctuated between 13.4x and 15x in recent years, with a slight decrease in 2024. Its EV/Sales ratio has also seen some variation, ranging from 4.73x to 4.79x in 2023 and 2024, respectively.

You can easily find Chang Hwa Commercial Bank's SWIFT code, which is an 8-11 character code that identifies the bank's country, city, and branch. The code is made up of four parts: the bank code, country code, location code, and branch code.

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Here's a breakdown of the SWIFT code structure:

  • Bank code: A-Z 4 letters representing the bank's name.
  • Country code: A-Z 2 letters representing the country the bank is in.
  • Location code: 0-9 A-Z 2 characters specifying the bank's head office location.
  • Branch Code: 0-9 A-Z 3 digits specifying a particular branch, with 'XXX' representing the bank's head office.

The free-float of Chang Hwa Commercial Bank's shares is 62.57%, indicating a relatively high level of liquidity among investors.

Swift Code Details

A SWIFT/BIC code is a unique 8-11 character code that identifies your country, city, bank, and branch.

The bank code is made up of 4 letters, A-Z, and it's usually a shortened version of the bank's name. For example, the bank code for CHANG HWA COMMERCIAL BANK LTD. is a shortened version of their name.

The country code is a 2-letter code, A-Z, that represents the country the bank is in. In the case of CHANG HWA COMMERCIAL BANK LTD., their country code is not specified, but it would be a 2-letter code.

The location code is a 2-character code made up of letters or numbers that says where the bank's head office is. This code can be 0-9 or A-Z.

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The branch code is a 3-digit code that specifies a particular branch. If the branch code is 'XXX', it represents the bank's head office.

Here's a breakdown of the SWIFT/BIC code structure:

TW0002801008

The stock code TW0002801008 is associated with Chang Hwa Commercial Bank, Ltd. Chang Hwa Commercial Bank, Ltd. reported a NT$14.9 billion profit in 2024.

The end-of-day quote for TW0002801008 on February 27, 2025, is 18.15. This represents a 1.68% increase from the previous year's change on January 1.

Chang Hwa Commercial Bank, Ltd. has a SWIFT/BIC code, which is an 8-11 character code that identifies the country, city, bank, and branch. The SWIFT/BIC code for Chang Hwa Commercial Bank, Ltd. is not explicitly stated in the article sections provided.

The 5-day change for TW0002801008 is +0.55%.

History and Background

Chang Hwa Bank was established in 1905 under Japanese rule in Changhua County. This marked the beginning of the bank's long history.

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The bank relocated to Taichung in 1910, a move that likely brought new opportunities for growth and expansion. Its early days were shaped by the Japanese influence that dominated the region at the time.

After World War II, Japanese shares in the bank were taken over by the Republic of China government. This significant change in ownership paved the way for the bank's future development.

In 1997, the Taiwan Provincial Government made public its shareholdings in the bank, a move that was part of the government's policy of financial privatization. This marked a significant shift towards private ownership.

The bank was officially privatized on January 1, 1998, bringing an end to its time as a state-owned entity.

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Customer Experience

At Chang Hwa Bank, they're committed to providing an exceptional customer experience. They've established a robust information system to collect and analyze customer data, allowing them to better understand their needs.

The bank has diversified communication channels to provide real-time online consultation, making it easy for customers to get help when they need it. This includes social media platforms like LINE, Facebook, YouTube, and Instagram, where they share engaging content to build brand awareness and loyalty.

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One of the bank's innovative initiatives is the "e-Treasure" digital deposits, which allow customers to open and manage their accounts online, eliminating the need for physical visits to the branch. This not only reduces the risk of cash handling and infection but also offers various rewards and benefits.

The bank's digital deposit customers can also participate in the "Green Deposit Project", which promotes environmentally sustainable finance and supports green investment and financing projects. This is a great example of how the bank is using technology to make a positive impact.

Here are some key features of the bank's digital deposit services:

The bank's commitment to customer experience is also evident in its online financial services, which offer a range of convenient and efficient financial services to customers. By leveraging technology, the bank is able to provide a more personalized and responsive experience for its customers.

Bank News and Performance

Chang Hwa Bank reported a profit of NT$14.9 billion in 2024, according to a February 21st article. This is a significant financial milestone for the bank.

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The bank's financial performance can be seen in its earnings results for the full year ended December 31, 2024, which were announced on February 25th. Chang Hwa Bank's financial health is a crucial factor in its overall success.

The bank's valuation is also worth noting, with a P/E ratio of 13.4x in 2024, down from 15x in 2023. This indicates a decrease in investor expectations for the bank's future performance.

Chang Hwa Bank's free-float is at 62.57%, indicating a significant portion of its shares are available for trading.

NT$1.5 Billion Joint Loan for ShuzTung

Chang Hwa Bank led a joint loan of NT$1.5 billion for ShuzTung Machinery Industry.

This project was a response to the government's initiative to promote the localization of semiconductor equipment component manufacturing.

The loan was a five-year agreement, with Chang Hwa Bank coordinating and hosting the joint credit agreement.

Chang Hwa Bank Chairman Ling Chung-yuan represented the syndicate of lenders at the signing ceremony.

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The funds from this joint credit will be used to repay existing debts to financial institutions and enhance mid-term operational working capital.

Six financial institutions participated in the syndicate, including Mega International Commercial Bank, First Bank, Taipei Fubon Bank, Bank of Taiwan, and Agricultural Bank of Taiwan.

The syndicate successfully organized and subscribed beyond the target, demonstrating a strong vote of confidence and support for Hsun Tung Machinery's current operations and future development.

Chang Hwa Bank was the coordinating lead arranger and managing bank for this agreement.

Hsun Tung Machinery Chairman Chuang Tien-tsai jointly completed the signing with Chang Hwa Bank Chairman Ling Chung-yuan.

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Commercial Bank News

Chang Hwa Commercial Bank, Ltd. reported NT$14.9 billion in profit for 2024. This is a significant achievement for the bank.

The bank's earnings results for the full year ended December 31, 2024, were announced on February 25. This is according to the latest news from the bank.

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Chang Hwa Commercial Bank also logged a profit of NT$14.9 billion in 2024, as reported on February 21. The bank's financial performance is a key indicator of its overall health.

The bank's subsidiary in China has undergone a change in chairperson, effective January 23. This is part of the bank's efforts to adapt to changing market conditions.

Here is a list of notable news from Chang Hwa Commercial Bank, Ltd. in the past few months:

  • February 25: Chang Hwa Commercial Bank, Ltd. Reports Earnings Results for the Full Year Ended December 31, 2024
  • February 21: Chang Hwa Commercial Bank Logs NT$14.9 Billion Profit in 2024
  • January 23: Chang Hwa Commercial Bank Names Chairperson for China Unit
  • January 22: Chang Hua Commercial Bank, Ltd.'s Subsidiary Bank in China Announces Change of Chairperson
  • December 25: Chang Hwa Commercial Bank, Ltd. Announces Corporate Governance Officer Changes, Effective January 1, 2025
  • December 20: Chang Hwa Commercial Bank, Ltd. Announces Nomination and Remuneration Committee Changes
  • December 20: Chang Hwa Commercial Bank, Ltd. Announces Audit Committee Changes
  • November 13: Chang Hwa Commercial Bank, Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024
  • October 31: Chang Hwa Commercial Bank, Ltd. Announces the Appointment of Hsieh, Hui-Chuan as Board Secretary of a Subsidiary Bank in China
  • October 17: Chang Hwa Commercial Bank, Ltd. Announces Executive Changes
  • August 22: Chang Hwa Commercial Bank, Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024

Quotes and Performance

Chang Hwa Commercial Bank, Ltd. has seen significant fluctuations in its capitalization over the years, with values ranging from 203B to 66.35B.

The P/E ratio for 2023 is 15x, while the P/E ratio for 2024 is 13.4x, indicating a slight decrease in the stock's price-to-earnings ratio.

Enterprise value for the bank has also varied, with values ranging from 189B to 61.66B.

The EV/Sales ratio for 2023 is 4.73x, while the EV/Sales ratio for 2024 is 4.79x, indicating a slight increase in the enterprise value-to-sales ratio.

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The free-float of the bank's stock is 62.57%, allowing a significant portion of the shares to be traded freely.

The yield for 2023 is 3.07%, but unfortunately, the yield for 2024 is not available.

Here's a summary of the key performance indicators for Chang Hwa Commercial Bank, Ltd.:

Bank Comparison

Chang Hwa Bank has a wide range of services to cater to different needs, including personal banking, corporate banking, and investment services.

Their personal banking services include a variety of account options, such as savings accounts, time deposits, and loan services.

You can deposit and withdraw money easily at any of Chang Hwa Bank's 600+ branches across Taiwan.

Their online banking system allows for secure and convenient transactions, including bill payments and fund transfers.

Chang Hwa Bank's customer service is available 24/7, providing support through phone, email, and online chat.

Their mobile banking app also enables users to manage their accounts and make transactions on-the-go.

Chang Hwa Bank has a strong presence in Taiwan, with a history dating back to 1899.

Commercial Bank Ltd

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Commercial Bank Ltd is a notable bank with a significant presence in Taiwan. Chang Hwa Commercial Bank Ltd is its full name. It has a SWIFT code of CCBCTWTP504, with the 8-character swift code being CCBCTWTP.

The bank's headquarters is located at 120 Di Hwa St, and it operates under the name Chang Hwa Commercial Bank Ltd. Its branch code is 504, and the bank is based in Taipei, Taiwan.

Here are some key financial metrics for Chang Hwa Commercial Bank Ltd:

The bank has reported earnings results for the full year ended December 31, 2024, with a profit of NT$14.9 billion in 2024.

Other Banks

Let's take a look at some of the other banks listed in our comparison. CHANG HWA COMMERCIAL BANK, LTD. is up 0.55% in the last 5 days.

The JPMORGAN CHASE & CO. has seen a significant increase of 42.83% in the last year. This is a notable contrast to the overall average increase of 35.92% in the same period.

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BANK OF AMERICA CORPORATION is up 4.49% in the last 5 days, the highest increase among the listed banks. INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED, on the other hand, has seen a decrease of 0.90% in the same period.

Here's a quick rundown of the top 5 banks with the highest 1-year increase:

HSBC HOLDINGS PLC has seen a remarkable increase of 54.01% in the last year, the highest among all the listed banks.

Carole Veum

Junior Writer

Carole Veum is a seasoned writer with a keen eye for detail and a passion for financial journalism. Her work has appeared in several notable publications, covering a range of topics including banking and mergers and acquisitions. Veum's articles on the Banks of Kenya provide a comprehensive understanding of the local financial landscape, while her pieces on 2013 Mergers and Acquisitions offer insightful analysis of significant corporate transactions.

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