Mega International Commercial Bank Co. Ltd. (Panama)

Mega International Commercial Bank Co., Ltd. (Mega Bank) is a bank located in Panama City. It was formed on August 21, 2006, through the merger of The International Commercial Bank of China and Chiao Tung Bank. The International Commercial Bank of China Co., Ltd. (ICBC) originated from the Ta Ching Bank and the Hupu Bank, which served as the bank under the finance arm of the imperial court in the Ching Dynasty. ICBC became a licensed specialized bank for international trade and foreign exchange and has established itself as a top-notch bank in the Republic of China. Chiao Tung Bank Co., Ltd. (CTB) was established five years before the founding of the Republic of China and has transformed from a state-controlled bank to a privately-owned one. CTB has played a significant role in the development of strategic and vital industries in line with the government's economic policy. Mega Bank leads the domestic banking industry in various areas, including international trade and foreign exchange, international syndicated loans, project financing, and innovative and venture capital. It has a strong global presence and correspondent banks, supporting domestic companies in expanding internationally and promoting economic development. The bank has 108 branches domestically, 24 branches, 6 sub-branches, and 3 representative offices abroad, along with wholly-owned bank subsidiaries in Thailand. Mega Bank has a total of 38 overseas outposts, 6,712 employees, and an aggregate paid-in capital of NT$85.362 billion.