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Home › Banks ›
Bank
First Commercial BankTaiwan, Republic of China

Active

This profile is actively maintained
Last update: 2023-01-05 10:45:22
First Commercial Bank's head office in Taipei. Photo: Solomon203 via Wikimedia Commons (CC BY SA 3.0)

Active

This profile is actively maintained
Last update: 2023-01-05 10:45:22
About
Website http://www.firstbank.com.tw
Headquarters
30,Chung King South Road,Sec. 1
100 Taipei
Taiwan, Republic of China
CEO/chair Ye-Chin Chiou
Chairperson
Supervisor
Central Bank of the Republic of China (Taiwan)
Ownership
listed on Taipei Exchange

First Commercial Bank is a subsidiary of First Financial Holding (of which the largest shareholder is the Government of Taiwan (20.5%) is). First Financial Holding's complete shareholder structure can be accessed here.

First Commercial Bank was established in November 1899 as Savings Bank of Taiwan. After mergers in 1912 merged with Commercial and Industrial Bank of Taiwan, and in 1923 with Chia-I Bank and Hsin-Kao Bank, it changed its name in 1947 to Taiwan Industrial and Commercial Bank. In 1976, it was given its current name, First Commercial Bank. In January 1998 the Bank was transformed from a government entity into a private bank. After the establishment of First Financial Holding in January 2003, the Bank became a subsidiary of the First Financial Group.

Sustainability
Policies
Voluntary standards

First Financial Holding (First Commercial Bank's parent company) has a webpage on corporate social responsibility which can be accessed here.

2022-06-21 00:00:00

Guidance on sustainable development

Bank policy
2022-06-21 00:00:00 | First Financial Holding
2021-07-13 00:00:00

Human rights commitment

Bank policy
2021-07-13 00:00:00 | First Financial Holding
2021-03-25 00:00:00

Guidance on corporate social responsibility

Bank policy
2021-03-25 00:00:00 | First Financial Holding
2021-01-05 00:00:00

Climate change policy

Date listed represents date as accessed on website
Bank policy
2021-01-05 00:00:00 | First Financial Holding
2021-01-05 00:00:00

Sustainable procurement policy

Date listed represents date as accessed on website
Bank policy
2021-01-05 00:00:00 | First Financial Holding
2021-01-05 00:00:00

Responsible finance

Date listed represents date as accessed on website
Bank policy
2021-01-05 00:00:00 | First Financial Holding
2020-07-30 00:00:00

Declaration on Human Rights and Environmental Sustainability Clauses

Bank policy
2020-07-30 00:00:00 | First Financial Holding
2020-07-22 00:00:00

Sustainable finance framework

Bank policy
2020-07-22 00:00:00 | First Financial Holding
2020-05-08 00:00:00

Corporate social responsibility policy

Bank policy
2020-05-08 00:00:00 | First Financial Holding
2020-01-16 00:00:00

Principles for Ethical Management and Guidelines for Conduct

Bank policy
2020-01-16 00:00:00 | First Financial Holding
First Commercial Bank has committed itself to the following voluntary standards:
Equator PrinciplesTags: Equator Principles | project finance | corporate social responsibility | sustainable development
Global Reporting InitiativeTags: sustainable development | human rights
Principles for Responsible Banking (PRB)Tags: climate change | corporate social responsibility | finance | sustainable development | United Nations | Voluntary Standards
Principles for Responsible Investment (PRI)Tags: corporate social responsibility | sustainable development | United Nations
Principles for Sustainable InsuranceTags: corporate social responsibility | United Nations
Task Force on Climate-related Financial Disclosures (TCFD)Tags: corporate social responsibility | finance
United Nations Global CompactTags: United Nations | human rights
News
BankTrack
Partners
Blog
External
BankTrack news BankTrack blog Partner news Partner blog

Santos announces refinancing of syndicated debt facilities

Santos announced it had executed documentation to amend and extend its two syndicated bank loan facilities totalling US$1.25 billion.
2022-08-30 | Santos
Resources
Documents
Links
2022-06-21 00:00:00

Guidance on sustainable development

Bank policy
2022-06-21 00:00:00 | First Financial Holding
2022-06-07 00:00:00

Annual report 2021

Annual report
2022-06-07 00:00:00 | First Commercial Bank
2022-05-10 00:00:00

CSR report 2021

Annual report
2022-05-10 00:00:00 | First Financial Holding
2021-07-13 00:00:00

Human rights commitment

Bank policy
2021-07-13 00:00:00 | First Financial Holding
2021-06-07 00:00:00

CSR Report 2020

Annual report
2021-06-07 00:00:00 | First Financial Holding
2021-05-04 00:00:00

Annual report 2020

Annual report
2021-05-04 00:00:00 | First Commercial Bank
2021-03-25 00:00:00

Guidance on corporate social responsibility

Bank policy
2021-03-25 00:00:00 | First Financial Holding
2021-01-05 00:00:00

Climate change policy

Date listed represents date as accessed on website
Bank policy
2021-01-05 00:00:00 | First Financial Holding
2021-01-05 00:00:00

Sustainable procurement policy

Date listed represents date as accessed on website
Bank policy
2021-01-05 00:00:00 | First Financial Holding
2021-01-05 00:00:00

Responsible finance

Date listed represents date as accessed on website
Bank policy
2021-01-05 00:00:00 | First Financial Holding
2020-07-31 00:00:00

CSR report 2019

Annual report
2020-07-31 00:00:00 | First Financial Holding
2020-07-31 00:00:00

Annual report 2019

Annual report
2020-07-31 00:00:00 | First Financial Holding
2020-07-30 00:00:00

Declaration on Human Rights and Environmental Sustainability Clauses

Bank policy
2020-07-30 00:00:00 | First Financial Holding
2020-07-22 00:00:00

Sustainable finance framework

Bank policy
2020-07-22 00:00:00 | First Financial Holding
2020-05-08 00:00:00

Corporate social responsibility policy

Bank policy
2020-05-08 00:00:00 | First Financial Holding
2020-01-16 00:00:00

Principles for Ethical Management and Guidelines for Conduct

Bank policy
2020-01-16 00:00:00 | First Financial Holding

First Financial Holding

Parent company of First Commercial Bank

Accountability
Grievances

First Financial Holding says it operates a Stakeholder Communications Channel, but the webpage does not list any specific contact details.

This page evaluates First Commercial Bank'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".

Impacts reviewed
Responded?
Total score
Response
Action
Monitoring

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