On record
This profile is no longer actively maintained, with the information now possibly out of dateJohan Frijns, BankTrack
On record
This profile is no longer actively maintained, with the information now possibly out of dateJohan Frijns, BankTrack
Website | http://www.winglungbank.com/wlb_corporate/en/index.html |
Headquarters |
45 Des Voeux Road Central, Central and Western District
Hong Kong Island
Hong Kong
|
CEO/chair |
Zhu Qi Executive Director & CEO |
Supervisor |
|
Ownership |
Wing Lung Bank became a member of China Merchants Bank Group in 2008 and subsequently a wholly-owned subsidiary of the Group in 2009. |
Wing Lung Bank is founded in 1933, and is among the oldest local Chinese banks in Hong Kong. The bank, together with its subsidiaries, provides various banking and related financial services. It has a retail banking segment, a corporate and commercial banking segment, and a treasury and financial institution segment. An overview of Wing Lung Bank Group can be found here.
As of June 2016, the bank's consolidated total assets are more than USD 30 billion.
Wing Lung 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 Wing Lung Bank's link to these deals.
This page evaluates Wing Lung 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".
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