Bank of Huzhou (2021)

Adoption Date: 24 Jul 2019
Country of Headquarters: China
Region of Headquarters: Asia-Oceania
Current EPFI Reporting Year/Period: 2021
Institutional Reporting: No Report Available

 

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: 2

Equator Principles Category A1 B2 C3
Sector
Mining
Infrastructure 2
Oil & Gas
Power
Others
Region
Americas
Europe, Middle East & Africa
Asia Pacific 2
Country Designation
Designated Country4
Non Designated Country 2
Independent Review
Yes
No 2
Totals 2
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)

No. Project Name Sector Country(s) Year of Financial Close
1 Emerald City real estate development project in Anji County,Huzhou City Infrastructure China 2021
2 Expansion Project of People's Livelihood social security housing in Anji County, Huzhou City Infrastructure China 2021

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

Bank of Huzhou became a signatory of the Equator Principles in July 2019, applying the Equator Principles to assess, mitigate, manage and monitor the environmental and social risks in applicable project-related financing.

We have developed a special IT system, which integrates the management process of Equator principles with the original credit and risk management policies and processes of the bank, enhances the standardized management level of Equator projects, and conducts environmental and social risk assessment on projects required by the Equator Principles; Meanwhile, for other corporate financing projects, according to the Equator Principle’s environmental and social risk management method, we have established a simplified environmental and social risk management process in combination with our own customer and asset structure characteristics. In addition, we launched the ESG rating model for credit customers to assess the environmental (E), social (S) and governance (G) risks of potential transactions.

The environmental and social risk classification of EP projects is undertaken by professionals in our Green Finance Department. For projects with environmental and social risks of Category A and some part of Category B projects, we will engage independent environmental and social companies to assist in due diligence assessment and whole process management.