TAIWAN BUSINESS BANK Business Summary

Taiwan Business Bank Ltd (TBB) operates as a specialized financial institution primarily generating revenue through net interest income from its core lending activities, supplemented by fee-based income from wealth management, insurance brokerage, and trust services. The bank’s business model is segmented into Corporate Banking, which centers on its statutory mandate to provide financing and guidance to Small and Medium Enterprises (SMEs), Personal Banking, International Banking, and Wealth Management. As the only specialized SME bank in Taiwan, TBB occupies a unique niche within the "Big Eight" state-affiliated banks. It competes directly with other government-linked peers such as First Financial Holding (First Bank), Hua Nan Financial Holding, and Chang Hwa Commercial Bank, as well as private competitors like Taichung Commercial Bank. While smaller in total asset scale than the largest financial holdings, TBB maintains a competitive edge in SME credit risk assessment and specialized government-backed lending programs. The leadership team is currently headed by Chairperson Chia-Hsiang Lee, who assumed the role in April 2025 following a distinguished tenure as President of First Commercial Bank and Executive Vice President of First Financial Holding. Day-to-day operations are overseen by President Kuo-Chung Lee, appointed in August 2024, who brings extensive experience from the Agricultural Bank of Taiwan and Taiwan Cooperative Bank. The bank's governance is heavily influenced by its major state-linked shareholders, including the Bank of Taiwan (16.21%), the National Development Fund of the Executive Yuan (5.87%), and the Ministry of Finance (2.08%). This ownership structure ensures a stable capital base and aligns the bank’s strategic objectives with national economic policies, particularly regarding industrial innovation and SME resilience.