Taishin Bank and Shin Kong Bank to Merge in 0.9505-for-1 Stock Swap
Taishin Shin Kong Financial Holding announced on June 4, 2025, that its subsidiaries Taishin Bank and Shin Kong Bank have approved a merger through a stock swap. The exchange ratio is 0.9505 shares of Taishin Bank for each share of Shin Kong Bank, with Taishin Bank as the surviving entity.
📋 Article Processing Timeline
- 📰 Published: June 4, 2026 at 18:00
- 🔍 Collected: June 4, 2026 at 18:16 (16 min after Published)
- 🤖 AI Analyzed: June 6, 2026 at 15:53 (45h 37m after Collected)
Taishin Shin Kong Financial Holding announced today that its subsidiaries, Taishin Bank and Shin Kong Bank, each held board meetings and resolved to merge through a stock swap. After the merger, Taishin Bank will be the surviving company, and Shin Kong Bank will be the dissolved company. The name of the surviving company will remain 'Taishin International Bank Co., Ltd.'
Taishin Shin Kong Financial Holding held a material information press conference at the Taiwan Stock Exchange today. Chen Hui-yun, CFO of Taishin Shin Kong Financial Holding, explained that the merger consideration will be paid by Taishin Bank issuing new shares. It is expected that 0.9505 common shares of Taishin Bank will be exchanged for each common share of Shin Kong Bank. The merger effective date will be set after obtaining regulatory approval.
Chen stated that both Taishin Bank and Shin Kong Bank have long cultivated expertise in corporate finance, consumer finance, wealth management, and digital finance. The merger will rapidly expand customer numbers, operational bases, and business scale, enhancing market competitiveness and overall operational resilience. Future integration and collaboration will provide customers with a more complete, diverse, and convenient one-stop financial service experience, achieving economies of scale and synergy value.
Regarding the integration strategy, Chen explained that Taishin Bank will adhere to the core principle of 'customer rights first, service stability without interruption,' steadily promoting system, process, and organizational integration to ensure a smooth operational transition. At the same time, it will continue to deepen digital transformation, optimize the risk management framework, and strengthen cross-departmental collaboration to improve overall operational efficiency and service quality.
Chen added that the investment trust, life insurance, and securities subsidiaries of Taishin Shin Kong Financial Holding have been gradually merging. The merger of the banking subsidiaries symbolizes a critical step forward in the integration of the core subsidiaries of Taishin Shin Kong Financial Holding. After the completion of the merger between Taishin Bank and Shin Kong Bank, the company will rapidly integrate professional teams and core advantages, continue to deepen customer relationships, expand market presence, and build a financial brand with scale advantages, innovation capabilities, and sustainable growth momentum, creating more stable and long-term value for customers, shareholders, and society.
Taishin Shin Kong Financial Holding held a material information press conference at the Taiwan Stock Exchange today. Chen Hui-yun, CFO of Taishin Shin Kong Financial Holding, explained that the merger consideration will be paid by Taishin Bank issuing new shares. It is expected that 0.9505 common shares of Taishin Bank will be exchanged for each common share of Shin Kong Bank. The merger effective date will be set after obtaining regulatory approval.
Chen stated that both Taishin Bank and Shin Kong Bank have long cultivated expertise in corporate finance, consumer finance, wealth management, and digital finance. The merger will rapidly expand customer numbers, operational bases, and business scale, enhancing market competitiveness and overall operational resilience. Future integration and collaboration will provide customers with a more complete, diverse, and convenient one-stop financial service experience, achieving economies of scale and synergy value.
Regarding the integration strategy, Chen explained that Taishin Bank will adhere to the core principle of 'customer rights first, service stability without interruption,' steadily promoting system, process, and organizational integration to ensure a smooth operational transition. At the same time, it will continue to deepen digital transformation, optimize the risk management framework, and strengthen cross-departmental collaboration to improve overall operational efficiency and service quality.
Chen added that the investment trust, life insurance, and securities subsidiaries of Taishin Shin Kong Financial Holding have been gradually merging. The merger of the banking subsidiaries symbolizes a critical step forward in the integration of the core subsidiaries of Taishin Shin Kong Financial Holding. After the completion of the merger between Taishin Bank and Shin Kong Bank, the company will rapidly integrate professional teams and core advantages, continue to deepen customer relationships, expand market presence, and build a financial brand with scale advantages, innovation capabilities, and sustainable growth momentum, creating more stable and long-term value for customers, shareholders, and society.