ActiveThis profile is actively maintained
Created before Nov 2016
Last update: 2021-09-17 13:36:05
Send feedback on this profile
Download as PDF
Share this page:
About Cathay United Bank
Cathay United Bank was formerly the United World Chinese Commercial Bank (UWCCB), which was founded in 1975. In 2003, UWCCB merged with the former Cathay Commercial Bank, a wholly owned subsidiary of Cathay Financial Holding Company. The merged bank was renamed to Cathay United Bank. Cathay United Bank is one of the largest commercial banks in Taiwan, and operates more than 160 bank branches throughout Taiwan. Its primary target markets include Taiwan, Hong Kong, vietnam and the United States. Cathay United Bank adopted the Equator Principles in March 2015, and is profiled as part of BankTrack's Tracking the Equator Principles campaign.
1F no 7, Songren Road 110
Taiwan, Republic of China
Andrew Ming-Jian Kuo |
|Annual report||Annual report 2020|
Cathay United Bank is a wholly owned subsidiary of Cathay Financial Holdings, the largest financial holding company in Taiwan. Cathay Financial Holdings' shareholder structure can be accessed here.
|Complaints and grievances||
Cathay United bank does not have a complaints or grievances channel for individuals or communities who might have been affected by the bank's finance.
Related Dodgy Deals
Dodgy Deals map
Tracking the Equator Principles
EPFIs reporting status
EP reporting page: https://equator-principles.com/reporting-cathay-united-bank-co-ltd-2019/
Project name reporting status of Equator Principles signatories for each financial institutions' most recent reporting period. Where there is no percentage presented the EPFI has not reported having financed any project transactions in that reporting period.
Equator Principles: New BankTrack database sheds light on patchy project name reporting
Global finance sector failing to apply conservation criteria to pulp and paper funding
The Chain: Paradise Papers Links APRIL’s Tax Avoidance to Deforestation and Banks, Could Impact USD 500 Million Loan
Financiers of pulp and paper industry projects will cause environmental and social harm, says new report
Letter from 30 Indonesian NGOs to PT RAPP financiers on current situation of PT RAPP (APRIL's main supplier)
Voluntary standardsCathay United Bank has committed itself to the following voluntary standards:
Cathay Financial Holdings has several policies in place which must be followed by all its subsidiaries. The corporate social responsibility webpage of Cathay Financial Holdings can be accessed here.
Cathay United Bank mentions on its website that it was "the first bank in Taiwan to announce its voluntary compliance with the United Nations’ Principles for Responsible Banking (PRB) in December 2018", but the bank is not listed as as a signatory on the UNEP-FI Principles for Responsible Banking website.
Implementation and reporting
Cathay United Bank is reporting on the implementation here.