Supporting Taiwanese businesses in expanding the Northeastern Asia market through comprehensive financial services
TAIPEI, Aug. 5, 2025 /PRNewswire/ — Cathay United Bank received approval from the Financial Supervisory Commission (the “FSC”) on July 25 to establish a branch in Tokyo and a sub-branch in Fukuoka City, enabling the Bank to provide Taiwanese companies with cross-border financial services and expand its presence in the Asian market. This marks the Bank’s debut in the Japanese market. Once established, the Bank will have 70 overseas business locations across 13 regions worldwide. This expansion is poised to boost the Bank’s capacity to provide cross-border services, aligning with the Bank’s vision to forge strategic partnerships between Taiwanese and Japanese businesses as it strives to become a leading regional bank in Asia.
Cathay United Bank received approval from the FSC on July 25 to set up a branch and a sub-branch in Tokyo and Fukuoka, respectively. This marks the Bank’s debut in the Japanese market. The new branches will enable the Bank to provide reliable financial services to Taiwanese businesses investing in Japan — advancing the Bank to become a leading regional bank in Asia.
Cathay United Bank noted that as one of the economic powerhouses in Asia, Japan possesses strong sovereign ratings, cutting-edge industry technologies, and stable corporate performance, enabling it to become a major driving force behind the region’s economic development. In particular, its capital city, Tokyo, is a political and financial hub where government agencies and international companies are heavily concentrated. Coupled with extensive infrastructure and a highly efficient operating environment, the prefecture is the primary choice for many Taiwanese businesses establishing regional headquarters.
As ties between Taiwan and Japan grow ever closer, Taiwanese businesses’ demand for Japanese products and services has also grown. Recognizing the rise in Taiwanese investment in Japan, Cathay United Bank plans to base its Japanese operations in Tokyo and further expand its market presence by establishing sub-branches. The first sub-branch is scheduled to open in Fukuoka city. Through flexible operations and effective human resource management, the Bank aims to provide reliable financial services to a broader customer base, demonstrating its commitment to solidifying its foothold in the Japanese market.
With an ambition to strengthen its position in Asia and provide localized services, Cathay United Bank is committed to strengthening its financial service networks at home and abroad. In recent years, the Bank has actively engaged in strengthening collaboration and integration resources across its overseas locations. As of now, the Bank operates several overseas branches (Hong Kong, Singapore, Vietnam, Malaysia, Myanmar, the Philippines, and Laos) and two subsidiaries (China and Cambodia), holds a stake in a joint venture bank in Vietnam, and has representative offices in Thailand and Indonesia. Following a year of outstanding profitability, Cathay United Bank intends to reinforce the effectiveness of its international resource allocation in response to shifting supply chains and to advance business development in the Asia-Pacific region with its customers — marking a new chapter in economic development.
SOURCE Cathay United Bank
AloJapan.com