O-Bank

O-Bank, formerly named the Industrial Bank of Taiwan, was founded in 1999 by financial industry veterans Kenneth C.M.Lo and Samuel C. Shieh as the first private-sector industrial bank in the nation's history. Following its establishment, the Industrial Bank of Taiwan has coordinated with national economic development strategies, participated in major economic development projects, provided professional investment banking services, nurtured strategic new businesses, and accelerated the restructuring of the nation's industry.

However, with changes in Taiwan's industrial structure and digital technology breaking like a tidal wave across the world, the Industrial Bank of Taiwan decided to restructure into O-Bank in January 2017 in order to work toward the newly adopted vision of financial inclusion. O-Bank is Taiwan's first native digital bank that offers financial services mainly online and supplemented by offline.

The O-Bank Group, including the following members: O-Bank, China Bills Finance Corp., EverTrust Bank, IBT Management Corporation, IBT VII Venture Capital Co., Ltd., and the O-Bank Education Foundation, is a diversified and international conglomerate with a unique culture. The O-Bank Group is seeking to build up an international financial services platform for customers in Taiwan, Hong Kong, and the United States and tap into this platform to provide a wide range of services that meet the financial needs of di‑erent markets.