Shanghai Commercial and Savings Bank

Shanghai Commercial and Savings Bank

Head office at Shanghai Bank Tower in Taipei under construction
Native name	上海商業儲蓄銀行
Type	Privately owned company
Traded as	TWSE: 5876
Industry	Bank
Founded	1964
Founder	Chen Guangfu
Headquarters	Taipei , Taiwan
Products	Financial services
Website	http://www.scsb.com.tw/econtent/index.jsp

The Shanghai Commercial and Savings Bank (simplified Chinese: 上海商业储蓄银行; traditional Chinese: 上海商業儲蓄銀行; pinyin: Shànghǎi Shāngyè Chúxù Yínháng) is a bank headquartered in Taipei, Taiwan.

History

In 1954, the bank was allowed to establish its head office to prepare for the operation of business.

It was not until June 1965 that the bank was approved to start its operation in Taiwan with a capital of NT$15 million. Chen was the chairman, and the bank acted conservatively.

The Savings Department and Kaohsiung Branch were set up in 1966 and 1971, respectively.

See also

• List of companies of Taiwan
• List of banks in Taiwan

• Chen Guangfu, founder
  • Shanghai Commercial Bank (Hong Kong)
  • Bank of Shanghai (China)

Reading

• The Making of Modern Chinese Financial Entrepreneurship: The Case of Chen Guangfu by Pui-tak Lee, University of Hong Kong
• Personal papers of K. P. Chen deposited in the Rare Book and Manuscript Library, Columbia University,
• Recently published materials about K. P. Chen from China's archives
• The Shanghai Commercial & Savings Bank, Ltd

External links

• The Shanghai Commercial & Savings Bank Official site