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Industrial Bank Won the “Bank with the Best Green Financial Services across Asia in 2011”

On December 3, 2011, IB won the “Bank with the Best Green Financial Services across Asia in 2011” in the “2011 Asian Banks Competitiveness Rankings” awarded by the sixth “21st Century Asian Financial Annual Conference” initiated by 21st Century Business Herald.

The 21st Century Asian Financial Annual Conference is an important platform for officials of the financial regulatory authorities and senior executives of the commercial banks in all countries and regions in Asia such as Mainland China, Hong Kong, Singapore, Japan and South Korea to have exchanges and dialogues. Asian Banks Competitiveness Report finds a competitiveness assessment standard recognized by the academic field and the market among the many countries and regions with varying economic development levels in Asia through studying how to evaluate the competitiveness of commercial banks, thus establishing a model for the ranking of competitiveness of Asian banks.

 

IB actively promotes social responsibility and the concept of sustainable development, and keeps innovating in green financial services by taking the Equator Principles as a breakthrough point. In recent years, IB has issued the first low-carbon credit card in China and released energy conservation and emission reduction financing business and emission rights finance business, exploring the practices in the field of green finance unswervingly. Through developing sustainable finance and implementing the green credit policies of the state, the bank has built up a good image of “green bank”, and gradually formed its differentiated features and competitive edges. The research report on 2011 Asian Banks Competitiveness Rankings is the recognition to IB as an outstanding green bank in Asia. The bank will persevere in building a “bank offering green finance services” in an all-round way with its professional services and continue pushing forward the sustainable development of green finance in an emerging market economy.

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