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CTBC BankTaiwan, Republic of China

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This profile is actively maintained
Last update: 2024-10-18 14:59:01
CTBC Bank, Taipei City Taiwan. Photo: BankTrack

Active

This profile is actively maintained
Last update: 2024-10-18 14:59:01
Bank info
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All
About
Website https://www.ctbcbank.com
Headquarters
27F, 29F., No. 168, Jingmao 2nd Rd. Nangang Dist.
115 Taipei City
Taiwan, Republic of China
CEO/chair Larry Hsu
CEO
Supervisor
Central Bank of the Republic of China (Taiwan)
Ownership
listed on Taiwan Stock Exchange

CTBC Financial Holding's shareholder structure can be accessed here.

CTBC Bank is commerical bank in Taiwan. The bank was established in 1966 under the name China Securities and Investment Corporation. In 1971, its name was changed to Chinatrust Investment Company Limited. In 1992, it was transformed into Chinatrust Commercial Bank (CTBC Bank). The bank has subsidiaries in the Philippines, the United States, Canada, and Indonesia, foreign branch offices in Singapore, Hong Kong, India, Japan, and Vietnam, as well as in London, Bangkok, Hanoi, Beijing, Manila, and Los Angeles. CTBC Bank is the core subsidiary of CTBC Financial Holding.

Sustainability
Commitments
Policies
Voluntary standards

CTBC Bank's most important sustainability commitments can be found at the website sections listed below.

Links

Corporate sustainability

Policy and regulation

CTBC Holding

Sustainability

CTBC Holding

Human Rights Policy

Bank policy
2024-10-13 00:00:00 | CTBC Financial Holding

Sustainable Management Policy

Bank policy
2023-06-30 00:00:00 | CTBC Financial Holding

Sustainable Finance Policy

Bank policy
2023-06-30 00:00:00 | CTBC Financial Holding

Sustainable governance

Bank policy
2018-06-20 00:00:00 | CTBC Financial Holding

Supplier CSR advocacy policy

Bank policy
2017-02-21 00:00:00 | CTBC Financial Holding
CTBC Bank has committed itself to the following voluntary standards:
Equator PrinciplesTags: Equator Principles | project finance | corporate social responsibility | sustainable development
Global Reporting InitiativeTags: sustainable development | human rights
Partnership for Carbon Accounting Financials (PCAF)Tags: carbon | corporate social responsibility
Principles for Responsible Banking (PRB)Tags: climate change | corporate social responsibility | finance | sustainable development | United Nations | Voluntary Standards
Principles for Responsible Investment (PRI)Tags: corporate social responsibility | sustainable development | United Nations
Principles for Sustainable InsuranceTags: corporate social responsibility | United Nations
Dodgy Deals

CTBC Bank is linked to a number of companies and projects that BankTrack considers controversial (so called Dodgy Deals), e.g. as a current or past financier or through an expression of interest. The profiles below provide more details on the nature of CTBC Bank's link to these deals.

Projects / Companies
Finance type
Year
News
Resources
Documents
Links
Accountability
Grievances

CTBC Financial Holding operates a stakeholder complaints line which can be accessed here.

CTBC Bank is an Equator Principles signatory. While the Equator Principles have no official grievance mechanism, complaints relating to this bank's financing of Equator Principles projects can be filed through our own website www.equator-complaints.org.

This page evaluates CTBC Bank's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".

Impacts reviewed
Responded?
Total score
Response
Action
Monitoring

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Banks and Human Rights

Banks and Human Rights

BankTrack assessed CTBC Bank in its 2022 Human Rights Benchmark Asia, where it achieved 2.5 points out of 14 and was ranked as a 'laggard'. More information is detailed in the "Accountability" section of this profile.

The BankTrack Human Rights Benchmark

Human Rights Benchmark Asia 2022

BankLast update
Country
Score
Ranking
Details
CTBC Bank
TWN
2.5
Laggard 2.5
Explanation
Laggard
Follower
Front runner
Leader
0 - 3 points
3.5 - 6 points
6.5 - 9 points
9.5 - 14 points
For more details see this page.