Active
This profile is actively maintained
Active
This profile is actively maintained| Website | https://bank.sinopac.com/sinopacBT/en/index.html |
| Headquarters |
No. 36, Nanking East Road, Sec. 3
Taipei City
Taiwan, Republic of China
|
| CEO/chair |
Eric Chuang President |
| Supervisor | |
| Ownership |
listed on Taipei Exchange
Bank Sinopac Financial Holding's shareholder structure can be accessed here. |
Bank SinoPac is a Taiwan-based banking holding company which operates through 18 divisions and 129 branches in Taiwan. The bank was founded by Samuel Yin and Paul Lo in 1992 as Taiwan liberalized its banking regulations. Bank SinoPac acquired a securities business from the Hong family of local fame in early 2000s. In late 2005, the bank merged with the International Bank of Taipei(IBT). Besides in Taiwan, Bank SinoPac has branches and operations in the United States and Asia.
Bank SinoPac's most important sustainability commitments can be found at the website sections listed below.
Bank SinoPac 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 Bank SinoPac's link to these deals.
Bank SinoPac does not operate a complaints or grievances channel for individuals and communities that may be adversely affected by its finance.
Bank SinoPac 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 Bank SinoPac'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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