Building Humanized Bank, IB Won "2017 Responsible Corporate Award"

On November 23, 2017, the 13th China Corporate Social Responsibility International Forum, organized by China News Service and China Newsweek, was held in Beijing, in which IB received highly recognition from the public and industry experts, and became the only joint-equity commercial bank receiving "Corporate Social Responsibility Award" for its excellent performance in CSR in the past year.

The selection and evaluation of "Corporate Social Responsibility Award" have been organized for 13 years under the direction of MIIT, SAIC, AQSIQ, SAWS, Overseas Chinese Affairs Office of the State Council, and All-China Federation of Trade Union. Results are generated from professional supporting institution evaluation, online voting, and the discussion of media representative and experts of professional direction committee.

Build Sustainable Ecological Responsibility

As the first "Equator Bank" and the leader of green finance in China, Industrial Bank, for many years, has adhered to the concept of "sustainable development" corporate governance, pursued the best combination of social responsibility and corporate value with the social responsibility practice philosophy of "showing obligations in profits", fulfilling social responsibilities and playing a good exemplary role to establish sustainable ecological responsibility with all parties.

IB adheres to rooting itself on serving the entity economy and stands up for improving people’s livelihood, focusing on weak fields, deepening financial innovation and promoting inclusive finance with multiple measures.

Green finance is the intuitive reflection of the social responsibility practice of Industrial Bank. Over the past 11 years, Industrial Bank has been adhering to the concept of green development, deepening green finance, and actively establishing a green finance group covering diversified green financial products and service systems as well as a team of professionals, continuously increasing investment in green finance, and enhancing environmental and social benefits to build "Beautiful China". By the end of the 3rd quarter of 2017, IB had granted green financing totaling RMB 1,354.6 billion for 13411 corporates and projects, with the financing balance hitting RMB 645.1 billion, with green credit increment accounting for 50.16% of increment in public credit over the same period.; it had accumulatively made applicability judgment on 1010 projects based on the Equator Principles, among which 342 projects were suitable for the Equator Principles, with the total investment of over RMB 1,457.2 billion; it was the first to sign strategic cooperation agreements with the four national pilot zones of green finance reform and innovation, including Guizhou, Zhejiang, Jiangxi and Xinjiang, promising to provide green financing of various kinds, totaling RMB 250 billion, for the four provinces (regions) above during the "Thirteenth Five Year Plan" to promote the construction of beautiful China.

The Bank has also provided resources to "Ant Corps" of China business circles - further promoting small and micro financial strategic position, establishing complete exclusive product system and effectively increasing its supply. By the end of September 2017, the loan balance for national standard micro- and small-sized enterprises had reached RMB 554.2 billion, taking up 24.19% among total loans with over 95% of loan acquisition rate. The Bank has paid significant attention at the same time to promote inclusive finance practice. It has established a "bank-bank platform" and increased the financial resources of those institutions in third-tier and fourth-tier cities and rural areas by S&T integration, reaching up to 1,258 cooperative institutions and over 52,000 network outlets.

In terms of caring the old, IB has launched "Enjoyable Life", China's first comprehensive financial scheme designed to care and serve the aged, to provide an exclusive finance service integrating "product customization, health management, legal consultation and property guarantee". The product has covered more than 1.5 million customers. In terms of supporting "Health China", IB has independently developed the "Smart Medical Treatment" platform, which has greatly enhanced the efficiency of medical settlement and service and alleviated the long-term queuing problems of patients. So far, 339 contracted hospitals and more than 200 on-line hospitals have benefited nearly 600 million patients.

Create a Humanized "Valuable Bank" without Forgetting the Initial Purpose

Growing from a bank located in the Southeast of China struggling to survive, to one of the Top 50 National Banks, one of the Top 100 Global Banks and Fortune 500 Companies, IB upholds its initial motive and devotes itself to various construction activities for a harmonious society and the creation of humanized "valuable bank" for all these years.

In terms of accurate poverty alleviation, IB has taken the advantage of the group, and thus changed from the "extensive alleviation" mode to the "precise alleviation" mode. IB actively created the five systems of "poverty alleviation in products, industries, channels, education and appointed areas", covering basic industry in underdeveloped areas, livelihood projects, and farmers and low income family where financial poverty alleviation services are needed. For example, it set up a financial center for dairy, agricultural and forestry industry respectively in Inner Mongolia, Heilongjiang, and Guangxi to serve local clients more accurately and led undeveloped population to get jobs and overcome poverty, in an effort to blaze a distinctive road of accurate poverty alleviation. By the end of September 2017, IB's loan balance for accurate poverty alleviation had reached RMB 4 billion, up by 27.96% over the beginning of this year.

In terms of donation, IB has formed a charity system of "students help fund", "disaster fund" and "poverty relieving fund" with multiple measures to actively support public welfare charities. It also has donated totally over RMB 120 million to the society in the past three years. Taking the example of student help fund, the bank has donated RMB 20 million to the IB Education Fund through the Fujian Charity Association, and the number of needy students it subsidized had reached 5,000. The Bank also innovated in donation mode. For example, in the World Environment Day in 2017, it participated in the Tencent Welfare Step Donation activity and implemented the corporate public welfare in an innovative way that "you donate steps and I donate money". By the evening of the activity day, more than 360,000 WeChat Sports users have participated in the event and donated over 500,000 steps. Meanwhile IB donated RMB 500,000 to support the "Coastal Wetland Protection Project" of Shenzhen Mangrove Forest Wetland Protection Foundation; from 2016 to 2017, IB Hong Kong Branch held the "IB Environmental and Healthy Running" activity for two consecutive times with the theme of "Environmental Protection, Health, and Run". By integrating the construction of corporate culture, care of employees' physical and mental health and practice of corporate social responsibilities, this event donated nearly HKD 900,000 for the environmental protection and green public welfare undertakings of Hong Kong.

Oriented by its original purpose and serving the entity economy, IB indicated that it wound further focus on small and micro enterprises, "agriculture, farmer and rural areas", entrepreneurship innovation groups, pension and green finance, consistently promoting IB-style inclusive finance and increasing the accuracy and efficiency of service to achieve the combination of social responsibility and corporate value.

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