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Chinfon Commercial Bank was
firstly known as Cathay Investment and Trust Co., which has started its
commercial operations, revolving primarily of trust, lending and real estate
investment business, since July 1971. In 1991, Cathay Investment and Trust
Co. apply to the Ministry of Finance to restructuring the trust company into
a commercial bank. After 2 years of preparation and reorganization in
October 1994 "Chinfon Commercial Bank" was given the birth and then the Bank
has started to offer its commercial banking service to the public.
Following the path of
internationalization, the Bank made its first international presence in
Hanoi, Vietnam in November 1993 which attributed to the Bank the pioneer
amongst all the Taiwanese banks who have ever stretched out to this
Indochina country. Within less than two years a sub-branch was set up in Ho
Chi Minh City, Vietnam with a view to serve a huge array of Taiwanese
investments in the southern part of the country.
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