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Bank of Chongqing (2022)
| Adoption Date: | 02 Feb 2021 |
| Country of Headquarters: | China |
| Region of Headquarters: | Asia-Oceania |
| Current EPFI Reporting Year/Period: | 2022 |
| Institutional Reporting: | Link to Report |
Please read the important notes and disclaimer for further information on ‘EPFI Reporting’, compliance and publication on the Equator Principles Association website.
Further information on this EPFI may be obtained through the Institutional Reporting hyperlink.
Project Finance Advisory Services
Total number mandated in the reporting period: 0
Project Finance Transactions
Total number that reached Financial Close in the reporting period: 9
| Equator Principles Category | A1 | B2 | C3 |
|---|---|---|---|
| Sector | |||
| Mining | 1 | ||
| Infrastructure | 1 | ||
| Oil & Gas | |||
| Power | |||
| Others | 1 | 6 | |
| Region | |||
| Americas | |||
| Europe, Middle East & Africa | |||
| Asia Pacific | 1 | 2 | 6 |
| Country Designation | |||
| Designated Country 4 | |||
| Non Designated Country | 1 | 2 | 6 |
| Both | |||
| Independent Review | |||
| Yes | 1 | ||
| No | 2 | 6 | |
| Totals | 1 | 2 | 6 |
1
Category A – Projects with potential significant adverse environmental and social risks and/or impacts that are diverse, irreversible or unprecedented.
2
Category B – Projects with potential limited adverse environmental and social risks and/or impacts that are few in number, generally site-specific, largely reversible and readily addressed through mitigation measures.
3
Category C – Projects with minimal or no adverse environmental and social risks and/or impacts.
4
Designated Countries are those countries deemed to have robust environmental and social governance, legislation systems and institutional capacity designed to protect their people and the natural environment. See list of Designated Countries.
Project-related Refinance & Project-related Acquisition For Project Finance
This information is required under EP4. EP4 applies for those transactions mandated after 1 October 2020 and that have reached Financial Close by the end of the period being reported.
Project Name Reporting For Project Finance (And Project-related Refinance & Project-related Acquisition Finance For Project Finance)
Number of projects that were not disclosed as per the disclosure conditions specified in Annex B of the Principles: 9
Under EP4, project name reporting is required for Project Finance transactions that have reached Financial Close and encouraged for Project-Related Corporate Loans that have reached Financial Close.
Project-Related Corporate Loans
Total number that reached Financial Close in the reporting period: 0
Project-related Refinance & Project-related Acquisition For Project-related Corporate Loans
This information is required under EP4. EP4 applies for those transactions mandated after 1 October 2020 and that have reached Financial Close by the end of the period being reported.
Implementation of the Equator Principles
As a signatory of the Equator Principles, the Bank of Chongqing attaches great importance to environmental and social risk management. It has integrated the concepts and provisions of the Equator Principles into the business process of project loan, issued the Management Measures for the Implementation of the Equator Principles of Bank of Chongqing, and applied the Equator Principles to assess, manage and monitor environmental and social risks in the financing of applicable projects. Furthermore, the Bank of Chongqing has launched the Equator Principles Business Management System, using technology to realize automatic identification, risk classification, and risk monitoring of Equator Principles Projects.
In terms of the implementation and management of the Equator Principles, the bank of Chongqing adopts corresponding management measures for different rating Equator Principles Projects in the aspects of environmental and social risk due diligence, contract management and post-loan management. To improve the quality and efficiency of environmental and social risk management, the Bank of Chongqing has organized business training on the Equator Principles for its operating institutions.