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Mega BankTaiwan, Republic of China

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Last update: 2024-06-07 14:55:35
Mega Bank headquarters in Taipei City. Photo: Solomon203 via Wikimedia Commons (CC BY SA 3.0)

Active

This profile is actively maintained
Last update: 2024-06-07 14:55:35
About
Website http://www.megabank.com.tw
Headquarters
No 100, Chi-lin Road
10424 Taipei City
Taiwan, Republic of China
CEO/chair Paul C.D. Lei
Chairman
Supervisor
Central Bank of the Republic of China (Taiwan)
Ownership
listed on Taiwan Stock Exchange

Mega Bank is part of the Mega Financial Holding of which the largest shareholder is the Government of Taiwan (15.68%). The holding's complete shareholder structure can be accessed here.

Mega Bank (officially the Mega International Commercial Bank) was formed as a result of the merger of The International Commercial Bank of China and Chiao Tung Bank in August 2006. The bank has 106 branches in Taiwan and 36 offices abroad. The bank operates through four business sections: Corporate Banking, Retail Banking, Investment Banking and Financial Markets. In August 2021 Mega Bank adopted the Equator Principles.

Sustainability
Commitments
Policies
Voluntary standards

Mega Bank's parent company Mega Holdings' most important sustainability commitments can be found at the website sections listed below.

Links

ESG

Climate action

Sustainability

Mega Bank

Ethical corporate governance

Bank policy
2020-02-21 00:00:00 | Mega Bank
Mega 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
Task Force on Climate-related Financial Disclosures (TCFD)Tags: corporate social responsibility | finance
Dodgy Deals

Mega 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 Mega Bank's link to these deals.

Projects / Companies
Finance type
Year
News
Resources
Documents
Links
Accountability
Grievances

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

Mega Bank is an Equator Principles signatory. While the Equator Principles have no official grievance mechanism, complaints relating to this bank's financing of Equator Principles projects can be filed through our own website www.equator-complaints.org.

This page evaluates Mega 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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