本研究針對企業併購盛行所衍生出併購融資之商機、商業銀行承作併購融資業務之可行性、承作併購融資業務與一般融資業務之利潤及風險等逐一進行探討，並針對國內潤成投資控股公司收購南山人壽的企業併購實際案例，研究其成功併購之因素，及併購融資收益性分析比較；最後，對台灣商業銀行日後承作企業併購融資業務，提出具體可行之建議方案。;Corporation merger and acquisition has been thriving for years. Commercial banks therefore benefit from subsequent business activities, especially M&A funding. This paper, in bank’s point of view, discusses funding viability and insight opportunity by analyzing the profit advantage and risk control between M&A funding and those different. The successful case that Ruenchen Investment holdings Co.,Ltd. investment holding company acquired Nan-Shan life insurance company is taken as an example to study the attribution leading the M&M success and funding analysis. Thus, we provide some practical and doable suggestion on future M&A funding for commercial banks in Taiwan.