Central Bank of the Republic of China (Taiwan)
The Central Bank of the Republic of China (Taiwan) (CBC), known in English from 1924 to 2007 as the Central Bank of China, is the central bank of the Republic of China. It was founded in 1924 in Guangzhou, acted as the central for Mainland China until 1949 when it relocated to Taiwan. It took over banknote issuance on the island from the Bank of Taiwan in 1961.
CBC headquarters; before moving there in the 1970s, the CBC's operations were scattered across various locations in Taipei | |
| Headquarters | Zhongzheng, Taipei |
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| Established | 1924 (in Guangzhou) 1928 (in Shanghai) 1949 (in Taipei) |
| Ownership | Executive Yuan of the Central Government of the ROC |
| Governor | Yang Chin-long |
| Central bank of | Republic of China (Taiwan) |
| Currency | New Taiwan Dollar TWD (ISO 4217) |
| Bank rate | 1.5% (22 May 2016) |
| Succeeded by | People's Bank of China (on the mainland) |
| Website | cbc.gov.tw (in English) |
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| Traditional Chinese | 中央銀行 | ||||||||||||||||||||||||
| Simplified Chinese | 中央银行 | ||||||||||||||||||||||||
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Its legal and common name in Chinese is literally translated as the "Central Bank". The central bank is administered under the Executive Yuan of the ROC government.
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