Mega International Commercial Bank came into existence in 2002, with the merger of Bank of China, and the Chiao Tung Bank. The merged bank is known for its specialization in the foreign exchange, and has a worldwide network of branches, providing excellent business performance. CTB had been actively involved in extending loans for the medium and long terms to the businesses, as well as providing venture capital and guidance investment. The bank has its headquarters in Taipei in Taiwan, and has about 108 branches in China, with 21 branches and 3 representative offices internationally. Total manpower of the bank is around 5100, and the paid in capital is around NT $77 billion, with total assets valuing at NT $1.947 trillion.
Mega International Commercial Bank started its operations in Sydney in the form of merchant bank, Cathay Finance International, in 1986. It got the license for a branch in 1997. Due to the increase in Taiwanese population in Brisbane, the bank opened another branch in Brisbane in 1999. The bank opened a branch in Melbourne, as well in 2006. The major financial services provided by the bank include consumer banking, investment banking and corporate banking.
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