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Cathay United BankTaiwan, Republic of China
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Created before Nov 2016
Last update: 2022-09-02 13:37:43

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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.

Website http://www.cathaybk.com.tw
Headquarters
1F no 7, Songren Road 110
Taipei City
Taiwan, Republic of China
CEO/chair Andrew Ming-Jian Kuo
Chairman
Supervisor
Central Bank of the Republic of China (Taiwan)
Annual reports CSR report 2021
Annual report 2021
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 that 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.

Dodgy Deals map

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Active profiles
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On record profiles

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
2022-08-18
TWN
2021
2
2
100
1.01000000003E+38
0
Taiwan, Republic of China
Profile
Reporting period
2021
PF deals under EP
2
Project names reported
2
% Project names reported
100
20220818
Last update: 2022-08-18
Explanation

EP reporting page: https://equator-principles.com/reporting-cathay-united-bank-co-ltd-2019/

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.

News

| |
Type:
Year:
blog
external news
our news

New BankTrack Equator Principles reporting tracking tool launched

2020-09-21 | BankTrack
blog
external news
our news

Equator Principles: New BankTrack database sheds light on patchy project name reporting

BankTrack publishes database of Equator-financed projects, together with analysis showing some banks report few or no project names – notable poor performers include ING, HSBC and Lloyds
2020-06-29 | BankTrack
blog
external news
our news

Global finance sector failing to apply conservation criteria to pulp and paper funding

2020-03-21 | New York/Amsterdam | Environmental Paper Network
blog
external news
our news

The Chain: Paradise Papers Links APRIL’s Tax Avoidance to Deforestation and Banks, Could Impact USD 500 Million Loan

2017-11-16 | Chain Reaction Research
blog
external news
our news

Financiers of pulp and paper industry projects will cause environmental and social harm, says new report

2017-08-01 | Mandy Haggith – Environmental Paper Network
blog
external news
our news

APRIL signed a USD 265 million loan agreement

2014-04-25 | Reuters China

Documents

Type:
Year:
annual reports
2022-06-07 00:00:00

CSR report 2021

2022-06-07 00:00:00 | Cathay Financial Holdings
csr policies
2022-05-13 00:00:00

Human rights policy

2022-05-13 00:00:00 | Cathay Financial Holdings
annual reports
2022-05-03 00:00:00

Annual report 2021

2022-05-03 00:00:00 | Cathay United Bank
annual reports
2021-05-04 00:00:00

Annual report 2020

2021-05-04 00:00:00 | Cathay Financial Holdings
csr policies
2021-01-21 00:00:00

Investment and lending exclusion policy

2021-01-21 00:00:00 | Cathay Financial Holdings
annual reports
2020-09-29 00:00:00

Annual report 2019

2020-09-29 00:00:00 | Cathay Financial Holdings
annual reports
2020-09-29 00:00:00

CSR report 2019

2020-09-29 00:00:00 | Cathay Financial Holdings
csr policies
2020-05-14 00:00:00

Corporate sustainability principles

2020-05-14 00:00:00 | Cathay Financial Holdings
csr policies
2019-10-04 00:00:00

Environmental and energy policy

2019-10-04 00:00:00 | Cathay Financial Holdings
csr policies
2019-10-04 00:00:00

Sustainable procurement policy

2019-10-04 00:00:00 | Cathay Financial Holdings
annual reports
2019-07-31 00:00:00

Annual report 2018

2019-07-31 00:00:00 | Cathay Financial Holdings
annual reports
2019-07-31 00:00:00

CSR report 2018

2019-07-31 00:00:00 | Cathay Financial Holdings
csr policies
2018-05-30 00:00:00

Engagement policy

2018-05-30 00:00:00 | Cathay Financial Holdings
annual reports
2018-03-31 00:00:00

Annual report 2017

2018-03-31 00:00:00 | Cathay United Bank
annual reports
2018-03-31 00:00:00

CSR report 2017

2018-03-31 00:00:00 | Cathay Financial Holdings
correspondence
2017-11-24 00:00:00

Letter from 30 Indonesian NGOs to PT RAPP financiers on current situation of PT RAPP (APRIL's main supplier)

2017-11-24 00:00:00 | 30 Indonesian NGOs
our publications
2016-09-01 00:00:00

Green Paper, Red lines

Chinese version
2016-09-01 00:00:00 | BankTrack
our publications
2016-06-02 00:00:00

Green Paper, Red Lines

Requirements for pulp and paper industry finance
2016-06-02 00:00:00 | BankTrack, Environmental Paper Network
annual reports
2016-01-31 00:00:00

Corporate Sustainability Report 2015

2016-01-31 00:00:00 | Cathay Financial Holdings
annual reports
2016-01-31 00:00:00

2015 Annual Report

2016-01-31 00:00:00 | Cathay Financial Holdings
annual reports
2015-11-13 00:00:00

Cathay FHC 2014 Corporate Sustainability Report

2015-11-13 00:00:00 | Cathay Financial Holdings
annual reports
2015-08-04 00:00:00

2014 Annual Report

2015-08-04 00:00:00 | Cathay Financial Holdings
annual reports
2014-10-13 00:00:00

2013 Corporate Sustainability Report

2014-10-13 00:00:00 | Cathay Financial Holdings
annual reports
2014-07-28 00:00:00

Annual Report 2013

2014-07-28 00:00:00 | Cathay Financial Holdings

Links

Sustainability webpage of Cathay Financial Holdings

https://www.cathayholdings.com/en/holdings/csr

Cathay Financial Holdings

https://www.cathayholdings.com/en/holdings/intro/intro/about

Policies

Voluntary standards

Cathay United Bank has committed itself to the following voluntary standards:
  • Carbon Disclosure Project
  • Equator Principles
  • Global Reporting Initiative
  • Principles for Responsible Banking (PRB)
  • Principles for Responsible Investment (PRI)
  • Task Force on Climate-related Financial Disclosures (TCFD)
  • United Nations Global Compact

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.

Year:
csr policies
2022-05-13 00:00:00

Human rights policy

2022-05-13 00:00:00 | Cathay Financial Holdings
csr policies
2021-01-21 00:00:00

Investment and lending exclusion policy

2021-01-21 00:00:00 | Cathay Financial Holdings
csr policies
2020-05-14 00:00:00

Corporate sustainability principles

2020-05-14 00:00:00 | Cathay Financial Holdings
csr policies
2019-10-04 00:00:00

Environmental and energy policy

2019-10-04 00:00:00 | Cathay Financial Holdings
csr policies
2019-10-04 00:00:00

Sustainable procurement policy

2019-10-04 00:00:00 | Cathay Financial Holdings
csr policies
2018-05-30 00:00:00

Engagement policy

2018-05-30 00:00:00 | Cathay Financial Holdings

Equator Principles

Implementation and reporting

Cathay United Bank is reporting on the implementation here.

Contact and complaints

Equator Principles Dodgy Deals

Projects

on record

Long Phu I coal power plant Vietnam

Coal Electric Power Generation

Good moves

Year:
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