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Wing Lung BankHong Kong

On record

This profile is no longer actively maintained, with the information now possibly out of date
Last update: 2016-09-01 17:22:39
Contact:

Johan Frijns, BankTrack 

On record

This profile is no longer actively maintained, with the information now possibly out of date
Last update: 2016-09-01 17:22:39
Contact:

Johan Frijns, BankTrack 

About
Website http://www.winglungbank.com/wlb_corporate/en/index.html
Headquarters
45 Des Voeux Road Central, Central and Western District
Hong Kong Island
Hong Kong
CEO/chair Zhu Qi
Executive Director & CEO
Supervisor
Ownership

Wing Lung Bank became a member of China Merchants Bank Group in 2008 and subsequently a wholly-owned subsidiary of the Group in 2009.

Wing Lung Bank is founded in 1933, and is among the oldest local Chinese banks in Hong Kong. The bank, together with its subsidiaries, provides various banking and related financial services. It has a retail banking segment, a corporate and commercial banking segment, and a treasury and financial institution segment. An overview of Wing Lung Bank Group can be found here.

As of June 2016, the bank's consolidated total assets are more than USD 30 billion.

Sustainability
Policies
Voluntary standards
Wing Lung Bank has committed itself to the following voluntary standards:
Dodgy Deals

Wing Lung 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 Wing Lung 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

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
BankTrack news BankTrack blog Partner news Partner blog

Call for banks to divest from APRIL

Social conflict and environmental destruction are rife in its operations
2014-12-10 | Nijmegen | BankTrack, Mandy Haggith – Environmental Paper Network
Resources
Documents
Links
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)

Correspondence
2017-11-24 00:00:00 | 30 Indonesian NGOs
2016-06-02 00:00:00

Green Paper, Red Lines

Requirements for pulp and paper industry finance
BankTrack publication
2016-06-02 00:00:00 | BankTrack, Environmental Paper Network
2016-03-17 00:00:00

Annual Report 2015

Annual report
2016-03-17 00:00:00 | Wing Lung Bank
2015-03-16 00:00:00

Annual Report 2014

Annual report
2015-03-16 00:00:00 | Wing Lung Bank
2014-12-10 00:00:00

Letter from EPN to Banks investing in April on APRIL

Correspondence
2014-12-10 00:00:00 | EPN
2014-01-01 00:00:00

Annual Report 2013

Annual report
2014-01-01 00:00:00 | Wing Lung Bank
2013-03-19 00:00:00

Annual Report 2012

Annual report
2013-03-19 00:00:00 | Wing Lung Bank

Wing Lung Bank's Environmental page

Accountability

This page evaluates Wing Lung 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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