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Cathay United BankTaiwan, Republic of China
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This profile is actively maintainedCreated before Nov 2016
Last update: 2021-09-17 13:36:05
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Cathay United Bank head office. Photo: Solomon203 via Wikimedia Commons (CC BY SA 3.0) 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.
| Website | http://www.cathaybk.com.tw |
| Headquarters |
1F no 7, Songren Road 110
Taipei City
Taiwan, Republic of China
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| CEO/chair |
Andrew Ming-Jian Kuo Chairman |
| Supervisor | |
| Annual report | Annual report 2020 |
| Ownership |
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
Cathay United Bank has been linked to the following "Dodgy Deals", e.g. as a current or past financier or through an expression of interest. Find out more about dodgy deals here. See the project or company profile for more details on the nature of the bank's link to the Dodgy Deal.
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Policy Assessments
Tracking the Equator Principles
EPFIs reporting status
BankLast update
Country
Reporting period
PF deals under EP
Project names reported
% Project names reported
Details
Cathay United Bank
2020-09-09
TWN
2019
2
2
100
1.01000000003E+38
0
Explanation
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.
For more details see this page.
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Policies
Voluntary standards
Cathay United Bank has committed itself to the following voluntary standards:Investment policies
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.
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Equator Principles
Implementation and reporting
Cathay United Bank is reporting on the implementation here.
Contact and complaints
Equator Principles Dodgy Deals
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