Leading in green finance
A defining feature of CTBC’s recent activity is its leadership in green finance. Taiwan’s green energy market is growing steadily, driven by strong government policy, industrial demand – particularly from the semiconductor sector – and ambitious corporate sustainability goals. Offshore wind and solar power are central to this growth, with rapid expansion expected in the coming years.
CTBC’s role as domestic financial adviser and lead arranger for Ørsted’s Greater Changhua Northwest Offshore Wind Farm project is a case in point. The bank pioneered the use of a national financing guarantee mechanism with National Credit Guarantee Administration, attracting more than NT$60 billion in funding from leading financial institutions. This landmark deal set a new standard for green infrastructure finance in Asia and demonstrated CTBC’s ability to innovate in support of Taiwan’s energy transition.
The bank’s approach to sustainability is closely aligned with Taiwan’s global principles, including the United Nations Sustainable Development Goals and the national target of net-zero greenhouse gas emissions by 2050.
CTBC Bank has established a taxonomy for green, sustainable, and transition financing, aligning with global standards such as LMA, LSTA, APLMA, and ICMA. As of 2024, sustainable lending reached NT$357.6 billion, including green loans, sustainability-linked loans, and financing for renewable energy and circular economy sectors. To accelerate transition financing, CTBC launched the “Net-Zero Go” program for MSMEs, offering tailored low-carbon pathways under Starter, Mover, and Flyer tiers. These initiatives reinforce CTBC’s commitment to guiding industries toward net-zero transformation.
Growing on the cloud and on the ground
Digital transformation is another key pillar of CTBC’s strategy. Taiwan’s financial sector is undergoing significant change, supported by government policy, a robust technology sector and rising consumer demand for digital services. CTBC has invested heavily in cloud-native systems, artificial intelligence and mobile-first banking. Its enhanced corporate internet banking portal and Global Pay platform, which supports transactions in over 120 currencies, demonstrate the bank’s commitment to innovation and operational efficiency.
CTBC Bank has extensive overseas networks covering over 370 outlets in 14 countries and regions, which enables it to support Taiwanese corporates expanding across North America, Asia Pacific, Japan and Greater China. The bank’s international lending division provides outbound capital investment solutions, export-import financing and cross-border cash pooling, enabling large corporates to scale operations and manage liquidity efficiently across jurisdictions.
Solid results
The bank’s financial performance in 2024 was robust. CTBC reported a pre-tax profit of NT$62.83 billion (about $1.93 billion), a return on equity of 13.15% and total assets of NT$6.473 trillion. It maintained its position as Taiwan’s market leader in revenue, profitability and capital size. In retail banking, CTBC achieved a 2.5% increase in individual customer numbers and a 6% rise in assets under management. Its corporate banking also delivered strong results, ranking first in Taiwan’s factoring market for the fifth consecutive year, and maintaining its lead in foreign currency deposit balances.
CTBC’s success is underpinned by its ability to deliver tailored solutions to a diverse client base, from small and medium-sized enterprises to multinational conglomerates. The bank’s loan syndication team executed landmark deals, leveraging its regional footprint to act as both arranger and underwriter for cross-border credit facilities. Its structured finance capabilities have expanded, offering equity-linked and interest rate-hedged instruments to corporate treasurers and financial sponsors. Lending to the private sector is supported by a diversified funding base, with NT$87.1 billion in interbank borrowings and NT$8.5 billion from central bank facilities.
As Taiwan develops its cross-border financial services and aims to become an asset management hub, CTBC is well placed to support this ambition. Its ability to combine financial strength with innovation in green finance and digital banking ensures it remains at the centre of Taiwan’s economic transformation. CTBC’s leadership is not just measured by its financial results, but by its capacity to drive progress in sustainability and technology, setting the standard for banking in Taiwan and beyond.
