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Hua Xia BankChina

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This profile is actively maintained
Last update: 2026-06-09 00:00:00
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Hua Xia Bank's head office in Beijing. Photo: Bjoertvedt via Wikimedia Commons (CC BY-SA 4.0)

Active

This profile is actively maintained
Last update: 2026-06-09 00:00:00
Contact:

 

Bank info
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About
Website https://www.hxb.com.cn/en/
Headquarters
Hua Xia Bank Plaza, No.22 Jianguomennei Street, Dongcheng District
100005 Beijing
China
CEO/chair Qu Gang
President; Director
Supervisor
China Banking and Investment Regulatory Commission (CBIRC)
Ownership
listed on Shanghai Stock Exchange

Partially State Owned. Deutsche Bank has an equity stake of nearly 20% in Hua Xia bank.

Hua Xia is a state-controlled bank which began its operations in 1992 in Beijing.  In 1995 it underwent restructuring and transformed itself into a country-wide joint stock commercial bank.  In 2003 Hua Xia bank became the fifth Chinese bank to be publicly listed on the Shanghai Stock Exchange.  By 2008, the bank had created an extensive network of office branches throughout China and overseas.  The bank provides a variety of personal and corporate banking services, and engages in activities such as credit analysis and asset assurance.  

Sustainability
Commitments
Policies
Voluntary standards

Hua Xia Bank does not have a webpage with its sustainability commitments.

Hua Xia Bank mentions in its 2024 Self-Assessment Report on Principles for Responsible Banking that it has "formulated the Guiding Opinions of Hua Xia Bank on Environmental, Social and Governance Risk Management of Credit Business for Corporate Clients", but this policy isn't publicly available.

2024-06-20 00:00:00

Environmental and social responsibility; ESG risk management; Biodiversity conservation

[section V, page 98-101 of 2023 Annual Report]
Bank policy
2024-06-20 00:00:00 | Hua Xia Bank
Hua Xia Bank has committed itself to the following voluntary standards:
Principles for Responsible Banking (PRB)Tags: climate change | corporate social responsibility | finance | sustainable development | United Nations | Voluntary Standards
Task Force on Climate-related Financial Disclosures (TCFD)Tags: corporate social responsibility | finance
Dodgy Deals

Hua Xia Bank is linked to a number of companies and projects that BankTrack considers controversial (so called Dodgy Deals), e.g. as a current or past financier or through an expression of interest. The profiles below provide more details on the nature of Hua Xia Bank's link to these deals.

Projects / Companies
Finance type
Year
News
BankTrack
Partners
Blog
External
Blog
BankTrack news BankTrack blog Partner news Partner blog

Global banks financed fossil fuels with $8.7 trillion since the Paris Agreement, $906 billion in 2025 alone

JPMorgan Chase, Bank of America, and MUFG are the world’s three worst funders
2026-06-09 | New York | BankTrack, urgewald, Center for Energy, Ecology and Development (CEED), Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance, Sierra Club
BankTrack news BankTrack blog Partner news Partner blog

China Probes Former Hua Xia Bank Chairman for Alleged Corruption

2025-12-23 | Caixin Global
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banks provide more than twice as much finance for fossil fuels as energy transition

NGOs are urging banks to reduce their financing for fossil fuels, with an immediate end to their expansion, while significantly increasing finance for energy transition.
2025-09-23 | BankTrack, urgewald, Beyond Fossil Fuels, Rainforest Action Network, Reclaim Finance, ShareAction, Stand.earth, WWF
BankTrack news BankTrack blog Partner news Partner blog

Fossil fuel finance surge led by US banking giants

Lenders face investor and activist backlash as fossil fuel financing decline reverses
BankTrack mentioned
2025-06-17 | The Banker
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banks fossil fuel finance totals $869 billion in 2024, a dramatic increase in financing

Annual Banking on Climate Chaos reports $429 billion USD going to fossil fuel expanding companies; totaling $1.6 trillion to these companies since 2021
2025-06-17 | New York | BankTrack, urgewald, Center for Energy, Ecology and Development (CEED), Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance, Sierra Club
Blog
BankTrack news BankTrack blog Partner news Partner blog

The banks financing dirty steel

The world’s major banks continue to support the largest and most polluting steel producers
2024-03-26 | Paris, France | Reclaim Finance
BankTrack news BankTrack blog Partner news Partner blog

China penalises five lenders in another move to stamp out market misconduct, tame financial risks

2021-05-21 | South China Morning Post
Blog
BankTrack news BankTrack blog Partner news Partner blog

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

2020-03-21 | New York/Amsterdam | Environmental Paper Network
Blog
BankTrack news BankTrack blog Partner news Partner blog

Chinese NGOs Rank the Country’s Major Financiers, Launch Sustainability Benchmarking of Chinese Commercials Banks

2011-07-11 | Kunming, China | Green Watershed
Resources
Documents
2026-06-09 00:00:00

Banking on Climate Chaos 2026

BankTrack publication
2026-06-09 00:00:00 | BankTrack, Rainforest Action Network, urgewald, Reclaim Finance, CEED, Indigenous Environmental Network, Oil Change International, Sierra Club
2026-05-18 00:00:00

Sustainability report 2025

Annual report
2026-05-18 00:00:00 | Hua Xia Bank
2025-05-06 00:00:00

2024 Self-Assessment Report on Principles for Responsible Banking

Other bank document
2025-05-06 00:00:00 | Hua Xia Bank
2025-05-01 00:00:00

Annual report 2024

Annual report
2025-05-01 00:00:00 | Hua Xia Bank
2024-07-31 00:00:00

2023 Reporting and Self-Assessment of Principles for Responsible Banking

Other bank document
2024-07-31 00:00:00 | Hua Xia Bank
2024-06-20 00:00:00

Environmental and social responsibility; ESG risk management; Biodiversity conservation

[section V, page 98-101 of 2023 Annual Report]
Bank policy
2024-06-20 00:00:00 | Hua Xia Bank
2013-11-25 00:00:00

Green Credit Footprint of Chinese banks (2008-2012)

-Chinese version-
NGO document
2013-11-25 00:00:00 | Green Watershed
2012-11-06 00:00:00

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

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

Environmental Report on Chinese Banks (2011)

-Chinese version-
NGO document
2012-04-18 00:00:00 | Green Watershed
2012-03-28 00:00:00

Executive Summary of Environmental Report on Chinese Banks (2011)

NGO document
2012-03-28 00:00:00 | Green Watershed
2012-02-24 00:00:00

Notice of the CBRC on Issuing the Green Credit Guidelines

Other bank document
2012-02-24 00:00:00 | China Banking Regulatory Commission
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)

Correspondence
2011-08-29 00:00:00 | Green Watershed
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)

Correspondence
2011-08-29 00:00:00 | Green Watershed
Accountability
Grievances

Hua Xia Bank does not operate a complaints or grievances mechanism for individuals or communities that might have been affected by the bank's finance.

This page evaluates Hua Xia 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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Banks and Climate

Banks and Climate

The 2025 Banking on Climate Chaos report showed that Hua Xia Bank provided $10.2 bn in financing to the fossil fuel industry between 2021 and 2024. In 2024 only, Hua Xia Bank provided $1.1 bn, including $846 mn for oil, gas and coal companies expanding fossil fuels. Find further details on Hua Xia Bank's fossil fuel portfolio and how it compares to other large banks globally on the Banking on Climate Chaos website below.

Banking on Climate Chaos finance data panel

Partner organisation Reclaim Finance tracks the coal, oil and gas policies of financial institutions, including banks, in their Coal Policy Tool (CPT) and the Oil and Gas Policy Tracker (OGPT). BankTrack works closely with Reclaim Finance and endorses their policy assessments. Find further details on their assessment of Hua Xia Bank’s fossil fuel policy below.

Assessment of Hua Xia Bank's coal policy in the Coal Policy Tool

Assessment of Hua Xia Bank's policies in the Oil & Gas Policy Tracker

Banks and Nature

Banks and Nature

Hua Xia Bank’s policies for forest-risk sectors (beef, soy, palm oil, pulp and paper, rubber and timber) have been assessed by the Forests & Finance coalition, achieving an overall score of 0.2 out of 10 and ranking it as a laggard. Hua Xia Bank achieved a score of 0 out of 10 specifically for its policies related to the beef sector and 0 out of 10 for its policies related to the palm oil sector. In addition, BankTrack and the Environmental Paper Network have assessed Hua Xia Bank’s policies related to the pulp and paper sector. 

Between 2016 and 2022, Hua Xia Bank provided USD 40 million in credit to companies operating in these forest-risk sectors. For more information, see the links below. 

Forests & Finance

Banks and beef

Banks and palm oil

Banks and pulp & paper

Forest & Finance Policy Assessment 2022: Overall scores

BankLast update
Country
Score
Ranking
Details
Hua Xia Bank
2022-09-27
CHN
0.2
Laggard 0.2
0
China
Profile
Score
Laggard
0.2
20220927
Last update: 2022-09-27
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 Hua Xia Bank' 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 Hua Xia Bank' 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
Hua Xia Bank
2022-09-29
CHN
0
Laggard 0
0
China
Profile
Score
Laggard
0
20220929
Last update: 2022-09-29
Explanation

The policy assessment covers the bank's policies related to beef. Weighted scores are based on the scope of 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 Hua Xia Bank' 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
Hua Xia Bank
2022-09-29
CHN
0
Laggard 0
0
China
Profile
Score
Laggard
0
20220929
Last update: 2022-09-29
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 Hua Xia Bank' 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.
Banks and Steel

Banks and Steel

According to a report by Reclaim Finance, between 2016 and June 2023, Hua Xia Bank provided $6.2 billion in finance to the fossil-steel industry, making it the 18th largest financier worldwide. Find further details on Hua Xia Bank's steel financing and how it compares to other large banks globally in the report. 

Steeling our future: The banks propping up coal-based steel

Good Moves

Good moves

Year:
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