1. Date of Establishment: March 14, 1966

2. History:
The predecessor of Chinatrust Commercial Bank (CTCB) is China Securities Investment Corp., which was founded in 1966. Two key events stood out in its 41-year history: reorganization as an investment trust company in 1971 and transformation into what it is now in 1992. This track of evolution coincides with the budding, growth, and metamorphosis of Taiwan’s financial market, which in turn is a mirror of how the local economy has evolved.

With a mission to build a truly internationalized, diversified entity capable of providing a complete range of financial services, Chinatrust Financial Holding Co., Ltd (CFHC) was initiated on May 17, 2002. Through a share swap, CTCB was made a wholly owned unit of the financial holding company.

To maximize economies of scale, CTCB merged with Grand Commercial Bank in December 2003 and acquired Fengshan Credit Cooperative in July 2004. These were followed by its successful bid in May 2007 for Enterprise Bank of Hualien. On January 15, 2008, CTCB won regulatory approval to merge with Chinatrust Bills Finance Corp. As of the end of 2007, CTCB had 142 domestic outlets; a total of 3,967 ATMs were installed across the country. With an outstanding balance of NT$1.19 trillion in deposits, it had assets of NT$1.59 trillion, surpassing all other private banks in Taiwan.

3. Business Overview
CTCB is engaged in the following operations: deposits, loans, guarantee, foreign exchange, OBU, trust, credit cards, cash cards, equity, bonds, proprietary dealing in futures, derivatives, factoring, safe deposit boxes, electronic banking, and the Public Welfare Lottery. In terms of wealth management, its superior performance and innovation of products and services has led Euromoney to grant it the honor of “Best Private Bank in Taiwan” for four consecutive years. Meanwhile, CTCB has gone great lengths to revamp the process of extending financial services: the well-rounded “Financial Advisory” system, the meticulously devised collective management account, and the revolutionary “counter-less branch.” Customers are accorded the highest quality of wealth management services rendered with utmost efficiency.

When it comes to corporate banking, CTCB has made it a point to grow the e-commerce market. Special emphasis is placed on innovating and perfecting an online banking platform fully protected by a well-rounded security mechanism. In 2007, it joined forces with Yahoo! Taiwan to install the “Yahoo! pay easy” payment platform. A brand-new model of online trading has been made available for buyers and sellers to exchange goods and cash more safely, in turn giving Taiwan’s e-commerce market an extra push.

4. Honors/Awards
CTCB’s proven track record in product development, business performance, and earnings capacity has not gone unnoticed. It has won extensive recognition among domestic and foreign rating agencies and well-respected financial publications. The number of honors and awards granted to CTCB is unparalleled by any other local peer. The following is a list of major prizes won in 2007:
Honors - Domestic
(1) No. 1 in “Survey of Consumers’ Preferred Brands in Taiwan” – Management Magazine
(2) No.1 in “Survey of Health Brands (Financial)” – Common Health Magazine
(3) Golden Award for “Trusted Brands (Bank)” – Reader’s Digest
(4) “Best Bank for Wealth Management in 2007,” “Best Commodity,” “Best Professionalism” – Business Today
(5) 2006 Award of Excellence for the Phoenix Project of the Small and Medium Enterprise Credit Guarantee Fund (SMEG), SMEG Partner Award, Legacy Sponsor Award
(6) 7th National Award for Public Good (Institutional Entity)
(7) No. 1 as “Best Image & Consumer Recommendation for Wealth Management Bank” in 2007 wealth management survey – Global Views Monthly
(8) “Grand Prize for Services (Bank)” – Next Magazine

Honors – Overseas
(1) Best Foreign Exchange Bank in Taiwan, Best Trade Finance Bank in Taiwan, Best Corporate/Institutional Internet Bank in Taiwan, Best Consumer Internet Bank in Taiwan -- Global Finance
(2) Best Private Bank in Taiwan (2006), Best Bank in Taiwan – Euromoney
(3) Best Bank in Taiwan, Best Foreign Exchange Bank in Taiwan – FinanceAsia
(4) Best Cash Management in Taiwan, Best Trade Finance Bank in Taiwan, Best Transaction Bank in Taiwan, Best Domestic Bank in Taiwan, Best Domestic Investment Bank in Taiwan – The Asset
(5) Top 10 Regional Banks in Asia, House of the Year – Asia Risk
(6) Best Domestic Provider for Local Currency Products in Taiwan, Best Domestic Bank in Taiwan, Best Local Cash Management in Taiwan (Small, Medium and Large-Size Corporates), Best Domestic Provider of FX Service in Taiwan – Asiamoney
(7) Best Deal of the Year 2007: Eastern Multimedia Company NT$32 Billion LBO Financing, The Banker Technology Awards – Financial Crime Prevention Award in the Payments Projects Category – The Banker
(8) Excellence in Internet Banking Award in Asia – The Asian Banker Journal
(9) Taiwan Retail Bank of the Year – Asian Banking and Finance

5. Going Global
As banks increasingly have to do business in a greatly deregulated global market, CTCB has relentlessly striven to expand both at home and abroad. As of the end of 2007, CTCB had 142 domestic and 73 overseas outlets (representative offices, branches, and subsidiaries and their branches). As the Taiwan bank with the most extensive international network, it has representative offices in Los Angeles, London, Manila, Bangkok, Hanoi, and Beijing. CTCB runs branches in Hong Kong, Kowloon, Tokyo, New Delhi, Ho Chi Minh City, and New York. In addition to Chinatrust Bank (USA) acquired in 2001, it also has subsidiaries in the Philippines, Indonesia, and Canada.

Looking ahead, CTCB is poised to pursue an even broader overseas presence through undertaking M&As and forming joint ventures. Pending a policy shift of the government, it is also ready to make inroads into the mainland China market. This will add to CTCB’s existing outposts across Southeast Asia, America, and Europe and make a truly comprehensive international network. CTCB will be a truly international bank capable of offering customers a full package of globalized financial services.

6. Latest Credit Ratings

Type	Rating Agency	Credit Ratings		Outlook	Additional Notes	Effective Date
Type	Rating Agency	Long-Term	Short-Term	Outlook	Additional Notes	Effective Date
International	Moody’s	A2	Prime-1	Stable	BFSR: C-	2007.05.11
	Standard & Poor’s	A-	A-2	Positive	BFSR: C+	2007.10.11
	Fitch	A	F1	Stable	Individual: B Support: 3	2007.10.31
Domestic	Taiwan Ratings	twAA	twA-1+	Positive	Creditworthiness: Very Strong	2007.10.12
Domestic	Fitch	AA+(twn)	F1+(twn)	Stable	Individual: B Support: 3	2007.10.31