HSBC in Taiwan

Established in Hong Kong and Shanghai in 1865, The Hongkong and Shanghai Banking Corporation Limited is the founding member of the HSBC Group, which is one of the world’s largest banking and financial services organisations. Its original Chinese nickname, “Wayfoong”, translates as ‘focus of wealth’ or ‘abundance of remittances’.

HSBC's presence in Taiwan dates back to 1885 when The Hongkong and Shanghai Banking Corporation Limited appointed an agent. A full-service branch was established in Taipei in 1984. In 2007, HSBC acquired one of Taiwan’s leading factoring companies, Chailease Credit Services, and opened a new life insurance company. In March 2008, HSBC acquired the business and operations of The Chinese Bank in Taiwan. In 2009, HSBC obtained approval to set up a local subsidiary in Taiwan - HSBC Bank (Taiwan) Limited, and began operating through the locally incorporated entity in May 2010 with headquarters in Taipei.

Taiwan plays a key role in HSBC’s Greater China platform and is one of HSBC’s key growth markets in Asia. Our current network comprises 26 outlets. We have branches in all the major cities in Taiwan, including Greater Taipei area, Taoyuan, Hsinchu, Taichung, Tainan, and Kaohsiung.

As one of the largest global banks, HSBC is responsible for taking the lead in adopting a strong and integrated strategy and becoming a net-zero bank. HSBC (Taiwan) follows the principle of sustainable development and integrates ESG into our financial products and services to encourage low carbon transformation of businesses. Currently, HSBC (Taiwan) has launched various ESG products, including green bonds, green loans, green trade loans, sustainability-linked loans, and HSBC Global Lower Carbon Bond fund and Global Equity Climate Change Fund. The purpose is to utilize our professional knowledge and capabilities to help our clients as well as the society to achieve the zero carbon target.

The HSBC Group, with its highly respected reputation, has been committed to the Taiwan market for 40 years. Highly devoted to sustainability development and corporate social responsibility, the Bank has invested resources and manpower in environmental and educational charity activities. The Bank also makes donations to charity organisations dedicated to the above two themes. 

In 2023, HSBC(Taiwan) made charitable donations of TWD12.8 million to major charity organisations which focused on children's education, skill development for disadvantaged groups, environmental protection and sustainable finance. In 2023, the Bank also organised an event with our employees to donate stationary supplies for kids from underprivileged families and remote areas. The Bank continues to encourage employee engagement in volunteer activities held by non-profit organisations, demonstrating the Bank’s commitment to the community.

The Bank’s commitment to the local community, and the efforts have been widely recognized and led to numerous awards and recognitions for the Bank, including the following:

Franchise related

  • “Golden Merchant Award - Outstanding Foreign Business” by General Chamber of Commerce
  • Best International Bank in Taiwan by Asiamoney and FinanceAsia
  • “Taiwan i sports” by the Sports Administration, Ministry of Education
  • Top 20% ranking in treating customers fairly in the financial industry by the Financial Supervisory Commission, the only foreign bank to have received top ranking for forth times

ESG related

  • “Excellence in Corporate Social Responsibility Award” by CommonWealth Magazine for 13 consecutive years
  • “Taiwan Corporate Sustainability Awards - Foreign Enterprise Sustainability Model Award” by Taiwan Institute for Sustainable Energy
  • “Talent Development Leadership Awards” and “Top 10 Foreign Sustainable Model Companies Awards” by Taiwan Institute for Sustainable Energy

Retail banking related

  • “Best Credit Card” and “Best Deposit and Savings Product” awards by the Asian Banker
  • “Best International Private Bank – Taiwan” awards by the Asian Private Banker and the Digital Banker
  • “Best for ESG investing in Taiwan” by the Asiamoney
  • “Best Wealth Management Award”, “Best Relationship Manager Team Award”, “Best Customer Recommendation Award”, “Best Digital Intelligence System Award,” and “Financial Service Innovation Award” by the Wealth Magazine
  • “Best Overseas Private Bank – Taiwan” award by the Global Private Banker and The Digital Banker
  • “Best Wealth Management Bank”, “Best Private Bank” by the Excellence Magazine  

Corporate banking related

  • “Best Fund Administrator Award” by the Asset
  • “Market Leader in Trade Finance” and “Best in Services for Trade Finance” by Euromoney 
  • Top lenders for the Six Core Strategic Industries by the Financial Supervisory Commission 

Main subsidiaries

HSBC Bank (Taiwan) Limited

  • 54F, No. 7, Sec. 5, Xinyi Road, Xinyi District, Taipei City, 110615, Taiwan

  • Tel: +886 (2) 6633 9000

The Hongkong and Shanghai Banking Corporation Limited Taipei Branch

  • 54F, No. 7, Sec. 5, Xinyi Road, Xinyi District, Taipei City, 110615, Taiwan

  • Tel: +886 (2) 6631 2988

HSBC Global Asset Management (Taiwan) Limited

  • 36F, No 68, Sec. 5, Zhongxiao E. Rd., Xinyi Dist., Taipei City 110

  • Tel: +886 (2) 6633 5808

Hang Seng Bank

  • Suite A-1, 12F, 170 Tun Hua North Road, Taipei, 105

  • Tel: +886 (2) 2713 0123

HSBC Securities (Taiwan) Corporation Limited

  • 54F, No. 7, Sec. 5, Xinyi Road, Xinyi District, Taipei City, 110615, Taiwan

  • Tel: +886 (2) 6631 2899

HSBC Bank (Taiwan) Credit Ratings



Standard & Poor's Taiwan Ratings Corp.
Rating Outlook Rating Outlook
HSBC Bank (Taiwan) Limited Long Term A+ stable twAAA stable
Short Term A-1

 

twA-1+

 


Financial documents related to HSBC's activities in Taiwan are available here. Please note, these documents are in local language only. For financial documents related to HSBC Group please visit our investor relations  section on our corporate website.

History timeline

1984 Taipei Branch opened
  Multinational Corporate Business introduced
1989 Kaohsiung Branch opened
  Credit Card Acquiring introduced
1991 Custody and Clearing introduced
1993 Local Corporate Business launched
1994 Taichung Branch opened
1995 Credit Card Issuing introduced
1996 Tainan Branch opened
1997 AssetVantage, Mortgages, and PowerVantage launched
1998 Panchiao Branch opened
1999 Taoyuan Branch opened
  Insurance Brokerage launched
2000 Chien Kuo Branch opened
  Syndicated Loan Business introduced
2001 HSBC Asset Management (Taiwan) Limited established
2002 online@hsbc launched
  HSBC Premier introduced
2003 Smart Mortgage introduced
2004 Taipei Branch relocated
2005 Agreed with Global Payments Inc. to establish a joint venture
  Global Payments Asia Pacific Limited Taiwan Branch
2006 Launched HSBC Direct, Taiwan's first Direct Banking services
  HSBC Securities (Taiwan) Corporation Limited incorporated locally
2007 Acquired Chailease Credit Services Co., Ltd.
  Established HSBC Life (International) Limited Taiwan Branch
  Announced the acquisition of the assets, liabilities and operations of The Chinese Bank
2008 Completed the acquisition of the business and operations of The Chinese Bank.
2009 HSBC Bank (Taiwan) Limited established
2010 HSBC Bank (Taiwan) Limited began operations
  HSBC Advance introduced
2012 HSBC Bank (Taiwan) Limited launched FundMax investment platform
  HSBC Bank (Taiwan) Limited completes the first RMB syndicate facility in Taiwan’s corporate lending market
  HSBC enters life insurance distribution agreement with Allianz in Asia.
  Allianz agrees to purchase Taiwan branch of HSBC Life (International) Ltd
2013 HSBC Asset Management (Taiwan) Limited received the QFII approval
  HSBC Bank (Taiwan) acted as Financial Advisor to the first RMB bond issued by a Chinese bank in Taiwan
  HSBC Bank (Taiwan) Limted completed the first cross-border RMB remittance
2014 Over 1,000 people planted trees to celebrate HSBC's 30th anniversary in Taiwan
  Launched automatic foreign exchange transaction service
2015 Became the first foreign bank to provide cross-border loans to a Taiwanese company in China's Kunshan
2016 Launched HSBC Cashback Signature Credit Card
  Launched Intelligent Asset Allocation service
2018 Launched  credit card verification service
2019 Launched i-Invest equity trading platform
2020 Issued green bonds
  Issued first green guarantee, green service trade loan, and first green trade finance in the market
  Opened HSBC Premier Centre in Taipei
  Launched the Digital Account Opening platform
2021 Helped issue first social Formosa bonds in Taiwanese market
  Provided first green loan for corporates
  Launched Green Mortgage
2022 Taiwan headquarters relocated into Taipei 101
  Completed first green deposits for corporates
  Issued first green guarantee for green buildings and first social guarantee for social housing
  Completed first sustainability linked loan for trade
  Initiated supply chain finance
  Launched lending fund for female entrepreneurs
  Provided first Third Party Payment Providor (TPPP) trust account solution
  Global Private Banking repositioned and integrated into Wealth & Personal Banking
  Launched Premier Elite service
  Signed a 15-year exclusive bancassurance partnership with Allianz
  Launched Taiwan's first Wealth Centre
2023 Launched the second Wealth Centre the Taoyuan Flagship Branch
  Launched the third Wealth Centre the Taichung Flagship Branch
  Supported project financing for Hai Long offshore wind farm, the largest offshore wind farm in Taiwan
  Enhanced parental leave by providing market-leading 20 weeks of maternity leave and 28 days of paternity leave
  Launched the donation programme to support Guandu Nature Park for 20 years

Corporate Social Responsibility Report

This report shows how in Taiwan we are undertaking positive actions and behaviours to be more socially responsible. The report is available in Chinese only and is available here (39-page PDF 9.27MB).

For details about HSBC’s global operations, Group board members and financial results, go to our corporate website.  Please note that this is English only.

Digital accessibility: Employees matter too

15 May 2024

Customers are important, but companies must also consider their workforce when making their technology accessible, says Jared Clayton.

International education can supercharge careers

10 May 2024

Studying overseas isn’t just about getting a degree, you learn valuable skills that can help you succeed in your career, says Kaylee Qiu.

Hong Kong leads the way in trust-based philanthropy

22 April 2024

An unrestricted, no-strings attached approach to philanthropic giving is growing in popularity in Asia - and Hong Kong is at the forefront, says Dorothy Chan.

You are leaving
about.hsbc.com.tw

Please be aware that the external site policies will differ from our website terms and conditions and privacy policy. The next site will open in a new browser window or tab.

Privacy and security | Terms of use | Hyperlink policy