 
- SCSB was established in Shanghai in 1915.
- SCSB was a private bank founded by a famous banker, Mr. K. P. Chen.
- SCSB's mottos were "service to society, support for industry, and development of international trade."
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¡@Business Development ( 1915 ~ 1926 )
- Due to the honest management and continual innovations, SCSB became an important and nationwide commercial bank in twelve years.
- Important innovations:
- Started one-dollar savings account
- Initiated silver dollars and taels coexistence
- Advocated credit with objectives
- Originated railroad freight documentary
- Developed international exchange
- Established China Travel Agency
- Emphasized career training
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Great Development ( 1927 ~ W.W. II )
- In 1927, SCSB began to establish one branch after another. ?In 1934, SCSB expanded aggressively and had 111 branches at its heyday.? At the same time, deposit was increased a lot and SCSB became one of the largest private banks in China.
- Important innovations:
- Pioneered ¡§Unit System¡¨
- Advocated agricultural loans
- Started salt industry loans
- Started small loans secured by credit
- Extended industrial and commercial loans
- Expanded trust business
- Developed insurance services
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¡@Contributions during the W.W.II
-
During the W.W. II, SCSB was devoted to consolidating the economy.? In order to solve the financial problems, the founder, Mr. K. P. Chen represented the government and negotiated with U.S.A. about the loan.? Some agreements were made:
1936--Siliver Agreement
1939--Tung Oil Loan Agreement
1940--Tien Tin Loan Agreement
Mr. K. P. Chen made outstanding contributions in stabilizing the monetary system and raising funds for war of resistance.
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¡@Business Resumed in Taiwan ( 1949 ~ 1982
)
- The Bank accompanied the government to Taiwan and prepared aggressively for the resumption of business.
- In 1954, the Bank was allowed to re-open its head office in Taipei.
- In 1964, the Bank was approved to restart operation. ?In 1965, the Bank officially resumed operations in Guanqian Road, Taipei, which was the only private bank from the Mainland.
- In 1976, Mr. Chu Ju-Tang succeeded Chairman Mr. K. P. Chen.
- During the resumption, the Bank acted conservative.? Till 1982, the Bank only set up 5 branches, Business Department, International Department, Savings Department, Kaohsiung Branch, and Cheng Chung Branch.
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¡@Speedy Development ( 1983 till now )
- In 1983, under the leadership of Mr. Hung-Ching Yung, SCSB started another milestone.? From then on, SCSB has aggressively established branches, upgraded computer facilities, and provided the public with quality and efficient financial services.? In recent years, SCSB¡¦s capital stock increased and operation scope also widened dramatically. SCSB has become a strong financial force in the local industry.? To fulfill the social responsibilities, SCSB also founded the SCSB Cultural & Educational Foundation in 1990, which carried out programs geared toward socio-civic activities and charity events.? All these efforts have won much praise from the public.
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| 1965 -- |
Started "Unit System" |
| 1979 -- |
Started "computerization
of business operation" |
| 1988 -- |
Started "Easy Money",
24-hour ATM |
| 1988 -- |
Started alliance with convenience stores 7-11 to install 24-hour ATMs |
| 1991 -- |
Started indirect remittance to Mainland China |
| 1991 -- |
Started 24-hour CD/ATM service centers |
| 1992 -- |
Started "Easy Treasure",
24-hour automatic custodial service |
| 1992 -- |
Started "Easy Phone",
automatic phone banking service |
| 1992 -- |
Started "VISA Affiliate Credit Cards" |
| 1997 -- |
Started ¡§MasterCard Focus Cards" |
| 1997 -- |
Started internet banking transfer service |
| 1999 -- |
Started internet mutual funds service |
| 2000 -- |
Started internet foreign exchange services |
| 2002 -- |
Started OBU¡¦s direct remittance to financial institutions in Mainland China |
| 2003 -- |
Started DBU¡¦s direct remittance to financial institutions in Mainland China |
| 2003-- |
Started OBU¡¦s loan made to Taiwan¡¦s businessmen in the Mainland China |
| 2004 -- |
Started "MasterCard Cute
Cards" |
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 1991
-- Rated number one on the banking business performance
survey by Business Weekly, Taiwan
- 1993 -- "Outstanding Overall Performance" by
VISA International
- 1994 -- "Most Card Issuance Growth" by VISA
International
- 1997 -- Rated top "£\£\£\" among 450 banks in 40
emerging markets by Euromoney
- 1998 -- "Best Bank in Taiwan" of Excellence
by Euromoney
- 2002 -- "Best International Development" of
the first Taiwan Banking and Finance Best Practice Awards
by Taiwan Academy of
Banking and Finance
- 2003--One of the Excellent Banks in Loans under Small and Medium Business Guarantee Fund
- 2004--One of the Excellent Banks in Loans under Small and Medium Business Guarantee Fund
- 2005--¡§ISO9001¡G2000¡¨ for OBU remittance quality management system
- 2005--¡§ISO10006¡G2003¡¨ for quality management system in project management
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