China Minsheng Banking Co Ltd 2018 SR
The report highlights China Minsheng Bank's 2018 sustainability efforts, focusing on its "seven-in-one" targeted poverty alleviation model which helped lift Hua and Fengqiu counties out of poverty. The bank accelerated its strategy to serve non-state-owned enterprises (NSOEs), with loan balances for strategic NSOEs reaching RMB 170.54 billion. It also celebrated the 10th anniversary of its small business finance initiative, with "Shang Dai Tong" loans totaling RMB 406.9 billion. Environmental initiatives included a green procurement ratio of 100% and RMB 25.075 billion in loans for energy-saving and environmental protection projects. Additionally, the bank enhanced its digital capabilities through the launch of Mobile Banking 4.0 and the Minsheng-Huawei Joint Innovation Lab.
Company: China Minsheng Banking Co Ltd
Sector: Finance & insurance
Country: China
Year: 2018
Type: SR
Pages: 51
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China Minsheng Banking Co Ltd
Social Responsibility Report
The report highlights China Minsheng Bank's 2018 sustainability efforts, focusing on its "seven-in-one" targeted poverty alleviation model which helped lift Hua and Fengqiu counties out of poverty. The bank accelerated its strategy to serve non-state-owned enterprises (NSOEs), with loan balances for strategic NSOEs reaching RMB 170.54 billion. It also celebrated the 10th anniversary of its small business finance initiative, with "Shang Dai Tong" loans totaling RMB 406.9 billion. Environmental initiatives included a green procurement ratio of 100% and RMB 25.075 billion in loans for energy-saving and environmental protection projects. Additionally, the bank enhanced its digital capabilities through the launch of Mobile Banking 4.0 and the Minsheng-Huawei Joint Innovation Lab.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Published
Mar 29, 2019
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women in Management
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