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2012
- Apr. 2012 The bank’s representative office in Tianjin was officially open. The bank is the first Taiwanese bank to establish presence in Tianjin, providing more prompt and quality financial services.
- Apr. 2012 Mr. Tony Yang assumed the position of presidency of IBT to replace Mr. Hank Peng, who retired from the bank and was subsequently detained as an advisor to the bank.
2011
- Dec. 2011 China Bills Finance Corp. (CBF), an affiliate of the IBT, moved into IBT Headquarters in Nei Hu Technology Park.
- Nov. 2011 IBT Education Foundation received the 9th National Civic Service Award. On behalf of the foundation, Chairman Kenneth Lo received the award and was recommended and encouraged in a meeting with President Ma.
- Oct. 2011 The bank held ‘2011 SME Entrepreneurial Fair’ by jointly working with the Ministry of Economic Affairs and ROC Venture Capital Association. The Fair aims at providing a funding platform for SME.
- Oct. 2011 The bank received approval from China Banking Regulatory Commission to set up a representative office in Tianjin. IBT is the first Taiwanese bank to set foot in Tianjin.
- Sept. 2011 To celebrate its 12th anniversary, the IBT Group held a concert at the Concert Hall of IBT Headquarters. The concert was well received by our customers and staff.
- June 2011 To comply with corporate governance regulations, the bank established audit committee under the Board of Directors to replace the system of supervisors. Three independent directors were elected: Mr. Chen Sun, Mr. Hou-shen Chan, Mr. Chao-tung Yue.
- June 2011 IBT International Leasing Corp. in Suzhou is officially open for operation, representing IBT’s first milestone in entering into China. This move also presents the Group’s commitment to take deep root in China market.
- Apr. 2011 The bank signed an MOU with Anhui Guoyuan Trust Co., Ltd. for cooperation in building network in Yangtze River Delta Area.
- Mar. 2011 To launch leasing business, the bank set up IBT Leasing Co., Ltd. in Taiwan to provide funding channels to industrial and commercial enterprises.
- Jan. 2011 After obtaining approval from Financial Supervisory Commission, the bank established IBT International Leasing Corp. in Suzhou and became the first Taiwanese bank to conduct leasing business in China following the signing of the ECFA.
2010
- Dec. 2010 To increase competitiveness of core businesses, the bank adjusted its operational strategies by selling its holdings of IBT Asset Management Corp. in order to maximize capital efficiency.
- Nov. 2010 The bank signed an MOU with Tianjin Trust Co., Ltd. to build a strategic partnership for business cooperation.
- Sept. 2010 The bank obtained the approval from Financial Supervisory Commission to establish its representative office in Tianjin, China
- Aug. 2010 To improve core competency of the bank, the bank’s Board of Directors Meeting resolved to sell its equity stake in IBT Asset Management Corp. to increase capital returns
- July 2010 Chairman Kenneth C.M. Lo was invited to be the Financial Innovation and Economic advisor for Tianjin’s Binhai New Area to promote cross-strait financial innovation and economic development
- June 2010 The bank’s Chairman, Mr. Kenneth C. M. Lo, was elected to be Chairman of the 23th Board of Directors of Chinese National Association of Industry and Commerce (CNAIC)
- April 2010 The bank donated large quantity of medicine, tents, clothings and cooked rice to Chin Hai province as emergency aide for the earthquake relief
- April 2010 Hong Kong Branch started to provide RMB service, a cross border financial service to Taiwanese enterprises in Greater China Area
2009
- Aug. 2009 The typhoon Morakot brought serious disasters to southern Taiwan. The IBT Group donated NT$ 10 million for the disaster relief
- April 2009 The bank’s first overseas branch – Hong Kong Branch – was opened, providing industrial and commercial banking services and establishing a financial business platform to serve Taiwan, Hong Kong, China and the U.S.
2008
- Dec. 2008 The bank established global banking department to be in charge of the strategic planning of the bank’s global business and business development of the bank’s foreign branches and subsidiaries
- Nov. 2008 Affected by the world financial tsunami, the Boards of Directors of IBT and China Bill Finance Corp. (CBF) resolved to halt IBT’s merger with CBF due to disagreement on the adjustments of the share exchange ratio
- Aug. 2008 The bank called a shareholders’ meeting to approve the merger with China Bill Finance Corp. (CBF) and the exchange ratio of 1:1.241. After the merger, CBF is the existing entity and will be renamed as Industrial Bank of Taiwan
- July 2008 The bank opened its Taichung Branch, serving corporations and engaging in the economic development in central Taiwan
- June 2008 The bank elected its fourth term of directors and supervisors. 3 independent directors were also elected in the shareholders' meeting, i.e. Chen Sun (ex- NTU principal), Paul Hsu and Yueh-Ching Lo
- May 2008 The bank signed a Memorandum of Understanding with Sacombank, Vietnam's second largest bank, to establish strategic alliance for business expansion in Vietnam
- Feb. 2008 The bank held an Opening Ceremony for its headquarters and a celebrating concert to officially announce the completion of the headquarters building. The bank and its subsidiaries moved into the building to further integrate group resources and seek to provide more comprehensive financial services
- Jan. 2008 The bank invested in IBT II Venture Capital Co., Ltd. focusing on investments in the areas of high technology, environmental protection, green energy and traditional industries with high growth. IBT II is the only successfully established VC firm in 2007
2007
- Dec. 2007 The bank increased its equity stake in China Bill Finance Corp. (CBF) by 8.37% to an overall holding of 28.37% considering the complimentary nature of the two companies' businesses. Having acquired a controlling interest in CBF, the bank intends to further integrate its resources to create business synergy
- Oct. 2007 IBT Education Foundation published a book titled “The Legend of Young Entrepreneurs” recording the process in which students participating in the foundation's WeWin Entrepreneurship Competition and later starting up their own companies. The book is the first such book dedicated to tracking the long process of students' entrepreneurship
- Aug. 2007 The bank arranged for Chailease Finance to issue Taiwan's first asset securitization backed by leasing and installment sales assets
- July 2007 The bank moved its head office to its newly built headquarters in Neihu Technology Park
- May 2007 The bank arranged the issue and listing of “Gallop #1 Real Estate Investment Trust” beneficiary certificates backed by 3 commercial buildings in metropolitan Taipei. Gallop #1 is the first REIT with an “index profit distribution mechanism” in Taiwan
- Mar. 2007 The bank completed its 100% acquisition of EverTrust Bank in the U.S., which becomes a subsidiary bank to IBT and continues to use its existing name “EverTrust Bank”
2006
- Nov. 2006 The bank's subsidiary, Ta Chong Investment Trust, completed its acquisition of Sheng Hua Investment Trust. The combined entity was renamed as “IBT Asset Management Co., Ltd.”
- Oct. 2006 The bank launched Taiwan's first A/R securitization – backed by Chi Mei Electronics' account receivables
- Oct. 2006 In compliance with regulation by the authorities, the bank converted all its common shares to “book entry” format
- Sept. 2006 Integrating foreign exchange, OBU and corporate finance, the bank set up Merchant Banking Department to provide clients with comprehensive financial services and strengthen resource integration
- July 2006 Pursuing internationalization, the bank signed a purchase agreement to buy EverTrust Bank in the U.S. to engage in commercial banking and set foot in the west coast of the U.S.
- Jan. 2006 Expanding business scope, the bank acquired 20% equity stake in China Bills Finance Corp. to engage in the short-term bill market
2005
- Dec. 2005 Arranged the bank's first CBO, amounting to NT$ 11.5 billion. The assets backing the CBO include NT and US dollar bonds
- July 2005 Shin Kong Life Insurance Company has appointed Industrial Bank of Taiwan to arrange Shin Kong No.1 REIT Fund which includes Taiwan Securities Financial Building, Shin Kong International Building, Shin Kong Tien Mu Jasper Villa, and Tainan Shin Kong Mitsukoshi Building. This marks the bank’s first structuring of a REIT transaction. The REIT issuance size is expected to exceed NTD11.3 billion.
- June 2005 The third term of directors and supervisors for the IBT was elected. Mr. Kenneth Lo was re-elected by other directors to be chairman of the bank. Meanwhile, two independent directors and one independent supervisor were also elected to comply with the spirit of corporate governance. Mr. Chen Sun (ex-NTU principal and current ITRI advisor) and Mr. Paul Hsu (a famous lawyer) are the independent directors, and Ms. Yueh-Ching Lo is the indendpent supervisor
- May 2005 Accepting the invitation of the Bank of East Asia (Hong Kong), Chairman Kenneth Lo took the independent directorship of its board starting May this year. He was the only director from Taiwan on the bank's board
- Jan. 2005 IBT Headquarters Ground-breaking Ceremony was held in Neihu Science Park on Jan. 21, 2005. The construction is expected to complete in 2007
- Jan. 2005 Participated in the Rescue & Relief Operation for South Asia Tsunami Disaster by purchasing and delivering cooked rice to the victims. The deeds won the bank a Certificate of Appreciation from Council of Agriculture, Executive Yuan
2004
- Nov. 2004 Awarded the ‘Best Product Design’ by the 2nd Taiwan Banking and Finance Best Practice Award for CLO
- Nov. 2004 Worked with JP Morgan Chase to issue synthetic CDO, the first licensed bank to be the portfolio manager in the CDO
- Nov. 2004 Completed Taiwan's first A/R securitization – World Peace's Industries Account Receivables
- Aug. 2004 The banks shares was first traded on the Emerging Stock Market
- June 2004 Completed Taiwan's first real estate securitization , the IBM Building, and listed on the OTC
- May 2004 Launched CLO-3, integrating interest rate derivatives design, first such issue in Taiwan
- Feb. 2004 The IBT CLO-1 was awarded ‘The Best Asset Securitization in Asia in 2003’ by 4 famous publications Asiamoney, Financial Asia, The Asset and Euromoney
2003
- Nov. 2003 Invested in Boston Life Science Venture Corp., accelerating the bank's participation in the biotech investment
- Nov. 2003 Completed public offering of CLO-2 and listing on OTC (the first trust certificate issuance taking the book entry form)
- Sept. 2003 Established Offshore Banking Unit, launching international financial products and services, expanding business scope and providing clients with all-around services
- June 2003 Purchased a piece of land (1251.64 pings) in Neihu Science Park to build the bank's headquarters
- Mar. 2003 Detained Mr. Henry Peng, President of China Trust Bank (USA) to be the President of IBT
- Feb. 2003 Completed Taiwan's first financial asset securitization – the IBT CLO-1
- Feb. 2003 Established Corporate Finance department to combine project finance and loan syndication business
2002
- Nov. 2002 The banks' credit and loan operation system was awarded the ‘Best Risk Management’ by the first Taiwan Banking and Finance Best Practice Award
- Sept. 2002 Signed agreements with the Land Bank of Taiwan, Societe Generale, Taiwan Rating Corp., etc. for Taiwan's first financial asset securitization, the IBT CLO Trust Certificate
- May 2002 Launched factoring business to provide working capital
- May 2002 The second board was elected, Chairman Samuel Shieh retired, succeeded by Chairman Kenneth Lo, who was also CEO and president of the bank
- April 2002 Provided services in foreign exchange, trade finance, foreign currency loan and deposits, guarantee, FX forwards
- Jan. 2002 Trust Department was established
2001
- Nov. 2001 Purchased a majority stake of Ta Chong Investment Trust Corp.
- Sept. 2001 Acted as a financial advisor to the project ‘Waste Disposal Center in Tainan Science-based Industrial Park
- Sept. 2001 Signed agreements with Societe Generale and IBT Securities to engage in domestic asset securitization
- Aug. 2001 Was accredited ISO 9001 certificate by UKAS (United Kingdom Accreditation Service) for the “Credit and Loan Operations System”
- May 2001 Established strategic alliance with Accenture to engage in financial consultancy and asset management business
2000
- Dec. 2000 Participated in the construction of Kaohsiung Mass Transit System, acted as a financial advisor to the project, co-arranged syndication loans of NT$ 10 billion and NT$ 19.8 billion respectively for Performance Bond and electrical systems.
- Sept. 2000 Investment and Information departments were accredited ISO 9002 by DNV (Det Norske Veritas)
- July 2000 Established IBT Management Corp., which raised its first fund ‘IBT Venture Capital Corp.’
- July 2000 Donated NT$ 30 million to set up IBT Education Foundation, engaging in social services and encouraging young men in their R&D efforts
- June 2000 Acquired Sheng Ho Securities and renamed it as IBT Securities, a subsidiary of the bank
- June 2000 Established the second branch – Kaohsiung branch, to serve businesses in southern Taiwan
- Mar. 2000 Developed ‘Credit and Loan Operation System’
1999
- Oct. 1999 Established the first branch – Hsin Chu branch to serve high tech industries in the Hsinchu Science-based Industrial Park
- Sept. 1999 Obtaining the MOF business license and officially launching businesses
- July 1999 Called the first shareholder meeting, electing the first board directors and supervisors; Dr. Samuel Shieh was Chairman, Mr. Kenneth Lo was Vice Chairman and President
- June 1999 Completed raising a capital of NT$ 23 billion
- Feb. 1999 Moved into No. 97, Sung Ren Road
1998
- Oct. 1998 Obtained permit from Bureau of Monetary Affairs, Ministry of Finance to establish an industrial bank
- April 1998 Preparatory Office was established
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