ling leeyong yi tsaiching ming chenlin yuan hsiko ming chuanorganization chartservice networkdomestic unitsoverseas unitsusa patriot act certificationaml questionnairekyc cft questionnairegiin & w 8ben ecredit ratings home about mega historical overview historical overview mega international commercial bank co. ltd. mega icbc has come into being as a result of the merger of the international commercial bank of china and chiao tung bank effective on august 21 2006 . both banks have been proud of their longtime histories of outstanding track records in our country . in 1971 the bank of china was privatized to become the international commercial bank of china co. ltd. icbc whose origin dates back to the ta ching bank and its predecessor the hupu bank the bank under the finance arm of the imperial court in the ching dynasty . the bank of china had been entrusted with the mission to serve as an agent of the treasury and a note issuing bank before the establishment of the central bank of china in 1928 . the bank of china was designated as a licensed specialized bank for international trade and foreign exchange thereafter . taking advantage of its specialization in foreign exchange worldwide network of outlets and correspondence banks superb bank assets and excellent business performance icbc has become a top notch bank in the republic of china . set up five years before the founding of the republic of china chiao tung bank co. ltd. ctb had also been delegated to act as an agent of the government coffer and a note issuing bank in concert with the bank of china at the outset of the republic . transforming from a licensed bank for industries in 1928 an industrial bank in 1975 and a development bank in 1979 ctb turned from a state controlled bank into a privately owned one in 1999 . it has engaged in loan extensions for medium and long term development innovation and guidance investment equity investment and venture capital ever since . for years ctb has made significant contributions to the improvement of industrial structure and the promotion of the upgrading of industry by assisting in the development of strategic and vital industries in line with the economic policy and the economic development plan of the government . ctb and international securities company formed the ctb financial holding company in 2002 . late on chung hsing bills finance corporation and barits international securities company came under the financial umbrella . on december 31 2002 chung kuo insurance company and icbc joined forces with the company to form a conglomerate named mega financial holding company . with a view to enlarging the business scale and increasing the market share icbc and ctb formally merged into one bank under the name of mega international commercial bank co. ltd. on august 21 2006 . by the end of 2015 the bank has 107 branches at home and 22 branches 5 sub branch and 4 representative offices including marketing office abroad . together with the network are wholly owned bank subsidiaries in thailand and canada along with their branches bringing the number of overseas outposts to 39 in total . it has manpower 5 478 and an aggregate paid in capital of nt 85.362 billion . copyright 2014 mega international commercial bank . all rights reserved .