Central Bank of the Republic of China (Taiwan)

This article is about the monetary authority in Taiwan. For the central bank of Mainland China, see People's Bank of China. For the commercial bank, see Bank of China.
Central Bank of the Republic of China (Taiwan)
中央銀行
CBC headquarters; before moving there in the 1970s, the CBC's operations were scattered across various locations in Taipei
CBC headquarters; before moving there in the 1970s, the CBC's operations were scattered across various locations in Taipei
HeadquartersZhongzheng, Taipei
Established1924 (in Guangzhou)
1928 (in Shanghai)
1949 (in Taipei)
OwnershipExecutive Yuan of the Central Government of the ROC[1]
GovernorYang Chin-long
Central bank of Republic of China (Taiwan)
CurrencyNew Taiwan Dollar
TWD (ISO 4217)
Bank rate2.0% (13 June 2024)[2]
Succeeded byPeople's Bank of China (on the mainland)
Websitecbc.gov.tw (in English)
Central Bank
Traditional Chinese中央銀行
Simplified Chinese中央银行
Transcriptions
Standard Mandarin
Hanyu PinyinZhōngyāng Yínháng
Bopomofoㄓㄨㄥ ㄧㄤ ㄧㄣˊ ㄏㄤˊ
Gwoyeu RomatzyhJong'iang Ynharng
Wade–GilesChung¹-yang¹ In²-Hang²
Tongyong PinyinJhongyang Yínháng
MPS2Jūngyāng Yínháng
Hakka
Pha̍k-fa-sṳTûng-ông Ngiùn-hòng
Southern Min
Hokkien POJTiong-iang-gîn-hâng
Tiong-iong-gûn-hâng

The Central Bank of the Republic of China (Taiwan),[3][4] known from 1924 to 2007 as the Central Bank of China and still referred to under the acronym CBC,[5] is the central bank of the Republic of China.

Originally founded in 1924 in Guangzhou, the CBC was expelled from Mainland China by the Chinese Communist Revolution in 1949 and relocated to Taiwan.[6] It took over banknote issuance on the island from the Bank of Taiwan in 1961.

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.[7]

  1. ^ Weidner, Jan (2017). "The Organisation and Structure of Central Banks" (PDF). Katalog der Deutschen Nationalbibliothek.
  2. ^ "Discount Rate". Central Bank of the Republic of China. Retrieved 2024-06-13.
  3. ^ Welcome to the Central Bank of the Republic of China
  4. ^ "Central bank latest to drop 'China' label". Taipei Times. 11 Feb 2007. p. 1.
  5. ^ Introduction to the Central Bank of the Republic of China Archived November 28, 2007, at the Wayback Machine (in English)
  6. ^ "Central Bank of China changes English name". The China Post. 2007-02-11. Retrieved 2007-02-12.
  7. ^ The Law of the Central Bank, 中央銀行法 Archived December 28, 2007, at the Wayback Machine (in Chinese) (Central Bank Law)