The Shanghai Commercial & Savings Bank Ltd - Company Profile
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The Shanghai Commercial & Savings Bank Ltd (SCSB) is a provider of banking and other related financial solutions to corporate and individual clients. Its offerings include debit and credit cards; demand, savings, time, and checking deposits; lending for home purchase and renovation, mortgage, personal needs, education, corporate needs, machine upgrade, and equipment purchase; insurance solutions; and investment funds. The bank also provides various services such as trust services, ATM, foreign exchange, securities trading, financial management, and investment. The bank has branches in Taiwan, Hong Kong, Vietnam, and Singapore; and representative offices in Thailand, Indonesia, and Cambodia. SCSB is headquartered in Taipei, Taiwan.
Headquarters
Taiwan
Address
3-12f, No. 149, Section 2, Minsheng, East Road, Jhongshan District, Taipei, 104
Website
www.scsb.com.tw
Telephone
886 2 25817111
No of Employees
6,948
Industry
Financial Services
Ticker Symbol & Exchange
5876 (TPE)
Revenue (2022)
$3.0B
43.2%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-1.9%
(2022 vs 2021)
Market Cap*
$6.9B
Net Profit Margin (2022)
XYZ
-31.5%
(2022 vs 2021)
* As of and is in US$
The Shanghai Commercial & Savings Bank Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Accounts: | Trust Services |
| Checking | ATM Services |
| Savings | Foreign Exchange |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In June, the company entered into a contract with the National Cheng Kung University and Citizen Sustainability Co., Ltd. to develop the Corporate Sustainability and Green Lifestyle Cooperation project. |
| 2022 | Contracts/Agreements | In August, the company entered into a partnership with Temenos and IBM to upgrade its legacy core systems. |
| 2020 | Corporate Changes/Expansions | In December, the bank started operations of its Wuxi Branch in China. |
Competitor Comparison
| Key Parameters | The Shanghai Commercial & Savings Bank Ltd | Mega International Commercial Bank Co Ltd | Taichung Commercial Bank Co Ltd | Union Bank of Taiwan | King's Town Bank Co Ltd |
|---|---|---|---|---|---|
| Headquarters | Taiwan | Taiwan | Taiwan | Taiwan | Taiwan |
| City | Taipei | Taipei City | Taichung | Taipei | Tainan |
| State/Province | - | Taipei | - | - | - |
| No. of Employees | 6,948 | 6,712 | 2,099 | 3,975 | 1,075 |
| Entity Type | Public | Private | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Stephen Ching-Yen Lee | Chairman | Executive Board | - | - |
| Chih-Hung Lin | Director; President | Executive Board | 2021 | - |
| John Con-Sing Yung | Managing Director; Director | Executive Board | 2021 | - |
| Wei-Kuo Yen | Director; Executive Vice President | Executive Board | 2021 | - |
| Fang-Hui Hsieh | Executive Vice President | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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