O-Bank, formerly named Industrial Bank of Taiwan, was founded in 1999 as Taiwan’s first newly-established industrial bank. Under the leadership of Founder and Honorary Chairman Kenneth C.M. Lo and its core values of TOUCH (Trust, Outstanding, Unity, Creativity, Honor), the Bank has coordinated with national economic development strategies, participated in major economic development projects, provided professional investment banking services, and nurtured strategic new businesses. It has grown together with Taiwan’s enterprises and provided clients with comprehensive financial services. The bank officially restructured into O-Bank at the beginning of 2017, entering the personal finance market to provide consumers with a whole new experience in convenient, safe, and thoughtful digital financial services.
O-Bank’s Chinese name 王道 (Wangdao) is drawn from a spirit of inclusiveness, walking the right path, and fulfilling oneself by benefiting others. The English letter “O” represents fulfillment and the unending cycle of life. Our aim is to embrace this spirit of sustainability and continue innovating, providing financial services that create win-win outcomes and mutual prosperity for consumers. O-Bank’s financial services include corp. banking, trade finance, financial market, securitization, and trusts. Products include medium and long-term loans, syndicated loans, cash management, factoring business, trade finance, interest rate and exchange rate structured products, trusts, and securitization. Retail banking services include deposits, loans, payments, wealth management, and insurance, satisfying customer's various financial needs mainly by online services and supplemented with offline channels.