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Bank of NingboChina

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Last update: 2025-08-28 13:41:34
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Bank of Ningbo Hangzhou branch. Photo: 风之清扬 via Wikimedia Commons (CC BY-SA 3.0)

Active

This profile is actively maintained
Last update: 2025-08-28 13:41:34
Contact:

 

Bank info
BankTrack campaigns
All
About
Website https://www.nbcb.com.cn/
Headquarters
No. 345, Ningdong Road
Ningbo, Zhejiang
China
CEO/chair Mr. Lu Huayu
Chairman
Supervisor
China Banking and Investment Regulatory Commission (CBIRC)
Ownership
listed on Shenzhen Stock Exchange

Bank of Ningbo's largest shareholder is OCBC Bank (21.02%). The bank's complete shareholder structure can be accessed here.

Bank of Ningbo is a commercial bank that was established in April 1997. The bank offers a variety of services to individuals, corporate, and small business clients.  Services include the following: loans, deposits,  trade financing,  foreign exchange trading, bond business,  and credit card services.

Sustainability
Commitments
Policies
Voluntary standards

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

Links

ESG Reporting

Corporate Governance

Green finance policy

[page 47-54 of Bank of Ningbo's 2024 Sustainability report]
Bank policy
2025-04-17 00:00:00 | Bank of Ningbo
Bank of Ningbo has committed itself to the following voluntary standards:
News
Resources
Documents

Annual report 2024

Annual report
2025-06-01 00:00:00 | Bank of Ningbo

Sustainability report 2024

Annual report
2025-06-01 00:00:00 | Bank of Ningbo

Green finance policy

[page 47-54 of Bank of Ningbo's 2024 Sustainability report]
Bank policy
2025-04-17 00:00:00 | Bank of Ningbo

Banking on biodiversity collapse 2024

Partner publication
2024-10-16 00:00:00 | Forest and Finance Coalition

Annual report 2023

Annual report
2024-06-01 00:00:00 | Bank of Ningbo

Who is Who No. 3 - Chinese commercial banks: an NGO guide

Partner publication
2023-01-23 00:00:00 | Urgewald

Drill, baby, drill

How banks, investors and insurers are driving oil and gas expansion in the Arctic
NGO document
2021-09-23 00:00:00 | Reclaim Finance

Financiers of IOI and Asia Pulp & Paper (APP) face material ESG risks from failure to respect land tenure rights

NGO document
2017-03-27 00:00:00 | RAN, TuK & Profundo

Going out, but going green?

Assessing the implementation of China's Green Credit Guidelines
BankTrack publication
2014-11-25 00:00:00 | BankTrack, Friends of the Earth US

Annual Report 2013

Annual report
2014-07-04 00:00:00 | Bank of Ningbo

Green Credit Footprint of Chinese banks (2008-2012)

-Chinese version-
NGO document
2013-11-25 00:00:00 | Green Watershed

2012 Annual Report

English
Annual report
2013-06-01 00:00:00 | Bank of Ningbo

Annual Report 2012 (Chinese)

Annual report
2013-04-24 00:00:00 | Bank of Ningbo

Environmental report on Chinese banks 2011

-English summary-
NGO document
2012-11-26 00:00:00 | Green Watershed

Executive Summary of Environmental Report on Chinese Banks (2011)

NGO document
2012-03-28 00:00:00 | Green Watershed

Notice of the CBRC on Issuing the Green Credit Guidelines

Other bank document
2012-02-24 00:00:00 | China Banking Regulatory Commission

民间环保组织就陆良化工铬污染事件致16家中资上市银行的公开信（Chinese）

Correspondence
2011-08-29 00:00:00 | Green Watershed

An Open Letter from a Coalition of Environmental NGOs to 16 Chinese banks Regarding the Chromium Pollution Incident in Luliang(English)

Correspondence
2011-08-29 00:00:00 | Green Watershed
Accountability
Grievances

Bank of Ningbo does not operate a complaints or grievances mechanism for individuals or communities that might have been affected by the bank's finance.

This page evaluates Bank of Ningbo'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 Climate

Banks and Climate

Partner organisation Reclaim Finance tracks the coal, oil and gas policies of financial institutions, including banks, in their Coal Policy Tool (CPT) and the Oil and Gas Policy Tracker (OGPT). BankTrack works closely with Reclaim Finance and endorses their policy assessments. Find further details on their assessment of Bank of Ningbo’s fossil fuel policy below.

Assessment of Bank of Ningbo's coal policy in the Coal Policy Tool

Assessment of Bank of Ningbo's policy in the Oil & Gas Policy Tracker
Banks and Steel

Banks and Steel

According to a report by Reclaim Finance, between 2016 and June 2023, Bank of Ningbo provided $5.3 billion in finance to the fossil-steel industry, making it the 25th largest financier worldwide. Find further details on Bank of Ningbo's steel financing and how it compares to other large banks globally in the report. 

Steeling our future: The banks propping up coal-based steel
Good Moves

Good moves

Year: