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China Minsheng BankChina
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Created before Nov 2016
Last update: 2023-01-12 12:16:21

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China Minsheng Bank's head office. Photo: 維基小霸王 via Wikimedia Commons (CC BY SA 4.0)

About China Minsheng Bank

China Minsheng Bank was founded in 1996 by Jing Shuping, a Chinese lawyer and businessman. It is the first bank in China to be owned mostly by non-government run private enterprises. China Minsheng Bank has over two hundred banking outlets throughout China, the bank serves mainly small-medium enterprises.

Website http://en.cmbc.com.cn/
Headquarters
2 Fuxingmen Nei Street, Xicheng District
100031 Beijing
China
CEO/chair Zheng Wanchun
Vice Chairman and President
Supervisor
China Banking and Investment Regulatory Commission (CBIRC)
Annual reports Annual report 2021
CSR report 2021
CSR Report 2020
Ownership
listed on Hong Kong Stock Exchange & Shanghai Stock Exchange

China Minsheng Bank's complete shareholder structure can be accessed here.

Complaints and grievances

China Minsheng Bank lists its Management of Complaints system in its 2019 CSR report on pages 8 and 9.

Related Dodgy Deals

China Minsheng 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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Policy Assessments

Banks and Nature

Forest & Finance Policy Assessment 2022: Overall scores

BankLast update
Country
Score
Ranking
Details
China Minsheng Bank
2022-09-21
CHN
0.2
Laggard

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0
China
Profile
Score
Laggard
0.2
20220921
Last update: 2022-09-21
Explanation

The policy assessment covers the main forest-risk commodity sectors (Beef, Palm Oil, Soy, Timber, Pulp and Paper, and Rubber). Weighted scores are based on the scope of China Minsheng Bank's relevant policies, taking into account different types of financing and the sectors in which the bank is active. Details about the scores per sector policy can be found on China Minsheng Bank's profile.

Explanation

A bank can obtain a total of 10 points for the quality of its policies. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:

Laggard
Follower
Front runner
Leader
0 - 1 points
1 - 4 points
4 - 7 points
7 - 10 points
For more details see this page.

Forest & Finance Policy Assessment 2022: Beef

BankLast update
Country
Score
Ranking
Details
China Minsheng Bank
2022-09-21
CHN
0
Laggard

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0
China
Profile
Score
Laggard
0
20220921
Last update: 2022-09-21
Explanation

The policy assessment covers the bank's policies related to beef. Weighted scores are based on the scope of ABN AMRO's relevant policies, taking into account what types and how much finance the bank provides to companies active in the beef industry. Details of the criteria used to assess the policies and scores for other forest-risk commodity sectors can be found on China Minsheng Bank's profile.

Explanation

A bank can obtain a total of 10 points for the quality of its beef policy. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:

Laggard
Follower
Front runner
Leader
0 - 1 points
1 - 4 points
4 - 7 points
7 - 10 points
For more details see this page.

Forest & Finance Policy Assessment 2022: Palm Oil

BankLast update
Country
Score
Ranking
Details
China Minsheng Bank
2022-09-21
CHN
0.2
Laggard

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0
China
Profile
Score
Laggard
0.2
20220921
Last update: 2022-09-21
Explanation

The policy assessment covers the bank's policies related to palm oil. Weighted scores are based on the scope of ABN AMRO's relevant policies, taking into account what types and how much finance the bank provides to companies active in the palm oil industry. Details of the criteria used to assess the policies and scores for other forest-risk commodity sectors can be found on China Minsheng Bank's profile.

Explanation

A bank can obtain a total of 10 points for the quality of its palm oil policy. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:

Laggard
Follower
Front runner
Leader
0 - 1 points
1 - 4 points
4 - 7 points
7 - 10 points
For more details see this page.

News

| |
Type:
Year:
blog
external news
our news

CBIRC releases the Green Finance Guidelines for Banking and Insurance Sectors

2022-06-02 | China Banking and Insurance Regulatory Commission
blog
external news
our news

New report: Despite ‘net zero’ rhetoric, world’s biggest banks continued to pour billions into fossil fuel expansion in 2021

Annual Banking on Climate Chaos report follows the money and details massive bank support for the world’s worst climate-destroying corporations
2022-03-30 | San Francisco, Bemidji, Nijmegen, Oakland, Paris, Sassenberg, Washington DC | BankTrack, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance, Sierra Club, Urgewald
blog
external news
our news

Fossil Banks No Thanks demands banks commit to end fossil fuel finance before Glasgow Climate Summit

210+ groups support urgent call to action
2021-09-23 | BankTrack
blog
external news
our news

Banking on Climate Chaos 2021: World’s 60 largest banks have poured USD 3.8 trillion into fossil fuels since Paris Agreement

Even amidst the global economic downturn, fossil fuel financing numbers were higher in 2020 than 2016
2021-03-24 | Nijmegen | BankTrack, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance, Sierra Club
blog
external news
our news

'Star' Chinese banker jailed for life for stealing US$400M from clients in Ponzi scheme

2020-12-14 | ABS CBN News
blog
external news
our news

China fines five financial firms $47 million for misconduct

2020-09-04 | Reuters
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

Documents

Type:
Year:
our publications
2023-01-27 00:00:00

Background briefing: Just 7% of global banks' energy financing goes to renewables, new data shows

2023-01-27 00:00:00 | Profundo for Sierra Club, Fair Finance International, BankTrack, Rainforest Action Network
ngo documents
2023-01-23 00:00:00

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

2023-01-23 00:00:00 | Urgewald
our publications
2022-09-12 00:00:00

The East African Crude Oil Pipeline (EACOP): Finance Risk Update No. 3 (Chinese version)

东非原油管道:金融风险简报(更新三)
2022-09-12 00:00:00 | BankTrack
annual reports
2022-07-04 00:00:00

Annual report 2021

2022-07-04 00:00:00 | China Minsheng Bank
annual reports
2022-06-13 00:00:00

CSR report 2021

2022-06-13 00:00:00 | China Minsheng Bank
csr policies
2022-06-13 00:00:00

Transportation-related credit policy

2022-06-13 00:00:00 | China Minsheng Bank
csr policies
2022-06-13 00:00:00

Raw materials-related credit policy

2022-06-13 00:00:00 | China Minsheng Bank
csr policies
2022-06-13 00:00:00

Oil/Gas-Related Credit Policy

2022-06-13 00:00:00 | China Minsheng Bank
csr policies
2022-06-13 00:00:00

Mining-Related Credit Policy

2022-06-13 00:00:00 | China Minsheng Bank
csr policies
2022-06-13 00:00:00

Energy-Related Credit Policy

2022-06-13 00:00:00 | China Minsheng Bank
csr policies
2022-06-13 00:00:00

Biodiversity-Related Credit Policy

2022-06-13 00:00:00 | China Minsheng Bank
csr policies
2022-06-13 00:00:00

Agriculture and Forestry-Related Credit Policy

2022-06-13 00:00:00 | China Minsheng Bank
our publications
2022-03-30 00:00:00

Banking on Climate Chaos 2022

Despite ‘net zero’ rhetoric, world’s biggest banks continued to pour billions into fossil fuel expansion in 2021
2022-03-30 00:00:00 | Rainforest Action Network, BankTrack, Indigenous Environmental Network, Oil Change International, Reclaim Finance, Sierra Club, urgewald
ngo documents
2021-09-23 00:00:00

Drill, baby, drill

How banks, investors and insurers are driving oil and gas expansion in the Arctic
2021-09-23 00:00:00 | Reclaim Finance
csr policies
2021-07-22 00:00:00

Guidelines on environmental information disclosure for financial institutions

2021-07-22 00:00:00 | People's Bank of China
annual reports
2021-06-08 00:00:00

CSR Report 2020

2021-06-08 00:00:00 | China Minsheng Bank
annual reports
2021-03-09 00:00:00

Annual report 2020

2021-03-09 00:00:00 | China Minsheng Bank
annual reports
2020-07-31 00:00:00

Annual report 2019

2020-07-31 00:00:00 | China Minsheng Bank
annual reports
2020-07-31 00:00:00

CSR report 2019

2020-07-31 00:00:00 | China Minsheng Bank
annual reports
2019-07-31 00:00:00

2018 Social Responsibility Report

2019-07-31 00:00:00 | China Minsheng Bank
our publications
2014-11-25 00:00:00

Going out, but going green?

Assessing the implementation of China's Green Credit Guidelines
2014-11-25 00:00:00 | BankTrack, Friends of the Earth US
ngo documents
2013-11-25 00:00:00

Green Credit Footprint of Chinese banks (2008-2012)

-Chinese version-
2013-11-25 00:00:00 | Green Watershed
ngo documents
2012-11-26 00:00:00

Environmental report on Chinese banks 2011

-English summary-
2012-11-26 00:00:00 | Green Watershed
correspondence
2012-11-06 00:00:00

Letter from BankTrack et al. to various financial institutions on APP

2012-11-06 00:00:00 | BankTrack et al.
ngo documents
2012-04-18 00:00:00

Environmental Report on Chinese Banks (2011)

-Chinese version-
2012-04-18 00:00:00 | Green Watershed
ngo documents
2012-03-28 00:00:00

Executive Summary of Environmental Report on Chinese Banks (2011)

2012-03-28 00:00:00 | Green Watershed
bank documents
2012-02-24 00:00:00

Notice of the CBRC on Issuing the Green Credit Guidelines

2012-02-24 00:00:00 | China Banking Regulatory Commission
correspondence
2011-08-29 00:00:00

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)

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

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

2011-08-29 00:00:00 | Green Watershed
csr policies
2011-05-31 00:00:00

Anti-money laundering policy

2011-05-31 00:00:00 | China Minsheng Bank
bank documents
2011-03-23 00:00:00

China Minsheng Banking Corp., Ltd.: 2010 Annual Results Announcement

2011-03-23 00:00:00 | China Minsheng Bank

Links

EPN assessment of policies against 14 minimum criteria - China Minsheng Bank

Environmental Paper Network (EPN) evaluated the policies of 68 major financiers of the pulp and paper industry against 14 absolute minimum criteria that all financial institutions should require their clients, investments and business partners to respect in order to reduce social and environmental risks.

https://environmentalpaper.org/china-minsheng-bank/

Policies

Voluntary standards

China Minsheng Bank has committed itself to the following voluntary standards:
  • Principles for Responsible Banking (PRB)

Investment policies

China Minsheng Bank csr web page can be accessed here. China Minsheng Bank has to date (Jan 12 2023) not committed itself to the Global Reporting Initiative.

Year:
csr policies
2022-06-13 00:00:00

Transportation-related credit policy

2022-06-13 00:00:00 | China Minsheng Bank
csr policies
2022-06-13 00:00:00

Raw materials-related credit policy

2022-06-13 00:00:00 | China Minsheng Bank
csr policies
2022-06-13 00:00:00

Oil/Gas-Related Credit Policy

2022-06-13 00:00:00 | China Minsheng Bank
csr policies
2022-06-13 00:00:00

Mining-Related Credit Policy

2022-06-13 00:00:00 | China Minsheng Bank
csr policies
2022-06-13 00:00:00

Energy-Related Credit Policy

2022-06-13 00:00:00 | China Minsheng Bank
csr policies
2022-06-13 00:00:00

Biodiversity-Related Credit Policy

2022-06-13 00:00:00 | China Minsheng Bank
csr policies
2022-06-13 00:00:00

Agriculture and Forestry-Related Credit Policy

2022-06-13 00:00:00 | China Minsheng Bank
csr policies
2021-07-22 00:00:00

Guidelines on environmental information disclosure for financial institutions

2021-07-22 00:00:00 | People's Bank of China
csr policies
2011-05-31 00:00:00

Anti-money laundering policy

2011-05-31 00:00:00 | China Minsheng Bank

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Year:
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