Cathay United Bank

In December 1982, NT$14 million was stolen from UWCCB in the largest Taiwanese bank robbery at the time.

To expand its banking operations in Asia, in December 2014, CUB through its sister company and life insurance arm of Cathay Financial Holding, Cathay Life Insurance, acquired a 22% share (approximately US$179 million) of Philippines' Rizal Commercial Banking Corp (RCBC).

[4] In January 2015, Cathay Life Insurance announced a plan to acquire 40% of Indonesia's PT Bank Mayapada for approximately US$272 million.

[6] Currently Cathay United Bank has 9 overseas branches and sub-branches as well 6 marketing and representative offices, including one agency, located in countries such as China, Singapore, Malaysia, Vietnam and Cambodia.

The Hong Kong and Shanghai branches focus mainly on Greater China, while the Singapore branch is very active in the ASEAN local foreign exchange and money markets and is a major investor in Southeast Asian investment grade credits.