*S&P Global Ratings maintains continuous surveillance over its ratings and the “Rating Date” below refers to the last date on which the ratings were changed. S&P Global Ratings credit ratings are statements of opinions and are not statements of fact or recommendations to purchase, hold or sell securities. They do not address the market value of securities or the suitability of securities for investment purposes, and should not be relied on as investment advice.
Entity Rating Date Local Currency
Orsted A/S 2024-02-21
Delta Electronics Inc. 2023-11-28
Formosa Chemicals & Fibre Corp. 2023-10-30
Formosa Petrochemical Corp. 2023-10-30
Formosa Plastics Corp. 2023-10-30
Nan Ya Plastics Corp. 2023-10-30
Chang Chun Petrochemical Co. Ltd. 2023-06-02
Chang Chun Plastics Co. Ltd. 2023-06-02
Taiwan Power Co. 2022-05-04
Vanguard International Semiconductor Corp. 2021-06-30
Wan Hai Lines Ltd. 2021-04-29
Far EasTone Telecommunications Co. Ltd. 2020-01-21
Hon Hai Precision Industry Co. Ltd. 2018-10-26
Taiwan Semiconductor Manufacturing Co. Ltd. 2018-09-26
Chunghwa Telecom Co. Ltd. 2014-12-11
Financial Holding
China Development Financial Holding Corp. 2021-05-26
Cathay Financial Holding Co. Ltd. 2021-03-24
Fubon Financial Holding Co. Ltd 2021-03-24
Taishin Financial Holding Co. Ltd. 2019-10-17
SinoPac Holdings 2018-08-13
Taiwan Cooperative Financial Holding Co. Ltd. 2018-01-19
E.SUN Financial Holding Co. Ltd. 2017-05-09
First Financial Holding Co. Ltd. 2017-04-17
CTBC Financial Holding Co. Ltd. 2017-04-17
Shin Kong Life Insurance Co. Ltd. 2024-03-07
Tokio Marine Newa Insurance Co. Ltd. 2024-01-29
Chung Kuo Insurance Co. Ltd. 2022-10-11
BankTaiwan Life Insurance Co. Ltd. 2022-05-06
Cathay Century Insurance Co. Ltd. 2021-03-24
Cathay Life Insurance Co. Ltd. 2021-03-24
Fubon Life Insurance Co. Ltd. 2021-03-24
Fubon Insurance Co. Ltd. 2021-03-24
Nan Shan Life Insurance Co. Ltd. 2021-03-24
Taiwan Life Insurance Co. Ltd. 2019-11-08
Shinkong Insurance Co. Ltd. 2018-11-23
First Insurance Co. Ltd. (The) 2018-11-20
Union Insurance Co. Ltd. 2015-09-11
Taiwan Fire & Marine Insurance Co. Ltd. 2013-07-03
Taian Insurance Co. Ltd 2013-07-03
Central Reinsurance Corp. 2013-06-10
MSIG Mingtai Insurance Co. Ltd. 2012-02-23
Taiwan Shin Kong Commercial Bank Co. Ltd. 2024-03-07
Bank of Taiwan 2022-05-06
Taipei Fubon Commercial Bank Co. Ltd. 2022-05-06
First Commercial Bank Ltd. 2022-05-06
Taiwan Cooperative Bank Ltd. 2022-05-06
Hua Nan Commercial Bank Ltd. 2022-05-06
E.SUN Commercial Bank Ltd. 2022-05-06
Cathay United Bank Co. Ltd. 2022-05-06
Chang Hwa Commercial Bank Ltd. 2022-05-06
Union Bank of Taiwan 2021-12-08
KGI Bank(Formerly: Cosmos Bank,Taiwan) 2021-05-26
Land Bank of Taiwan 2021-04-23
Mega International Commercial Bank Co. Ltd. 2021-04-23
Standard Chartered Bank (Taiwan) Ltd. 2019-10-22
Taishin International Bank Co. Ltd. 2019-10-17
Bank SinoPac 2018-08-13
Taiwan Business Bank 2017-01-25
Yuanta Commercial Bank 2017-01-20
CTBC Bank Co. Ltd. 2016-09-26
The Shanghai Commercial & Savings Bank, Ltd. 2012-12-18
HSBC Bank (Taiwan) Ltd. 2010-03-31
CTBC Securities Co. Ltd.(Formerly: ChinaTrust Securities Co. Ltd.) 2022-11-21
KGI Securities Co. Ltd. 2021-05-26
SinoPac Securities Corp. 2018-08-13
Hotai Leasing Corp. 2022-08-16
Hotai Finance Co. Ltd. 2020-08-10
Note: Ratings are updated daily and are for reference only. For the most current ratings, please refer to www.standardandpoors.com

Rating Business Contact:
Celia Chang (886) 2 2175-6885
Jason Wang (886) 2 2175-6888
Rating Information & Training Service Contact:
Jenny Wu (886) 2 2175-6873
Jason Wang (886) 2 2175-6888

Customer Complaints : Ruth Tsai
Tel:(886) 2 2175-6867
Fax:(886) 2 2175-6869

Media Contact:
Simon Chen (886) 2 2175-6871

TRC provides the following channels to report your concerns over misconduct:
Tel:(886) 2-2175-6868
Mail:2F., No. 167, Dunhua N. Rd., Songshan Dist., Taipei City 105, Taiwan (R.O.C.), Internal Audit Service Office

Address:2F., No. 167, Dunhua N. Rd., Songshan Dist., Taipei City 105, Taiwan (R.O.C.)
Tel:(886) 2 2175-6800 Fax:(886) 2 2175-6879 Web Site:www.taiwanratings.com
Copyright @ 2023 by Taiwan Ratings Corporation (TRC). All Rights Reserved.
Website maintenance period:(18:00~09:00 GMT+8).
Please be advised that this site is likely to be temporarily out of service due to unplanned maintenance outside of
business hours. Your patience and understanding in this matter is deeply appreciated.