|Date joined:||13 July, 2019|
|Initiatives:||Principles for Responsible Banking|
HUA XIA BANK CO., Limited (hereinafter referred to as “Hua Xia Bank”) was established in Beijing in October 1992. In September 2003, Hua Xia Bank conducted its initial public offering and was listed on the Shanghai Stock Exchange (SSE code: 600015), becoming the fifth listed bank in China. As at the end of June 2019, its total assets registered RMB3.02 trillion, total loans stood at RMB1.78 trillion, and deposits amounted to RMB1.68 trillion. It had set up 42 tier-one branches across the country, with 1,017 outlets and 40,000 personnel, and established an institutional system focusing on developed cities and covering the whole country. It had 1,330 correspondent banks in 334 cities across 102 countries and regions on five continents, forming a settlement network covering major trade zones around the world. Hua Xia Bank ranked 56th in terms of tier 1 capital and 67th in terms of asset scale among the Top 1000 World Banks 2019 named by The Banker. In the list of Global 2000 – The World’s Largest Public Companies 2019 named by Forbes, Hua Xia Bank ranked 265th.
Hua Xia Bank upholds the development philosophy of “innovation, coordination, green, openness and sharing”. It will base its development on serving the needs of real economy and creating value for customers and shareholders, follow the fundamental strategy of “putting deposits at the heart of the bank, making it stronger with FinTech and competent employees, and ensuring its security via risk control”, stay on the track towards “featured, digital, asset-efficient, professional, comprehensive and internationalized development”, and thus build itself into a modern financial group that is big and strong and delivers stable and excellent results.
Hua Xia Bank & Sustainability/CSR
Hua Xia Bank has been dedicated to becoming a socially responsible financial institution actively fulfilling its social responsibilities, continuously increasing communication with stakeholders like customers, shareholders and employees, and seeking for sustainable development economically, socially and environmentally. Hua Xia Bank has released a social responsibility report to the public for 11 consecutive years, and been awarded multiple honors like Most Socially Responsible Financial Institution and Best Livelihood Finance Award of China’s Banking Industry many times.
Hua Xia Bank has been improving its service quality and efficiency, continuously developing its green finance-featured business, and taking an active part in devising innovative green finance business management and service modes. Focusing its efforts on the four service areas of energy efficiency financing, clean energy financing, environmental protection financing, and green equipment supply chain, it has created a product lineup that comprised green credit, green leasing, green investment, and green debt financing tool underwriting, developed the business features that advocated international cooperation, integration of industry and finance, and innovation in service mode, and forged the green finance brand of “Green Growth, Beautiful Hua Xia”.