Union Bank of Taiwan engages in banking activities. It accepts different types of deposits; offers corporate loans as well as bill and note discounting, issues domestic letters of credit, and conducts accounts receivable factoring; handles exports, imports, foreign remittances, foreign currency loans, and guarantees; provides mortgage, auto loans, personal loans, other consumer credits, and credit card services; offers wealth management, trust, custody, safe-deposit box rental, and certification services for marketable securities; conducts insurance agency business and property insurance business; trades marketable securities and futures on behalf of customers; provides peripheral financial services by acting as a collecting and paying agent for public facilities. The company was founded on December 31,1991 and is headquartered in Taipei, Taiwan.