at3month17At the second "Mizuho Fund Financial Forum" held at the w88 casino on the morning of 6532_6679|, Mr. Hidetoshi Nakamura, the managing director of Mizuho Industrial Bank, said that the Qingdao branch of Mizuho Industrial Bank will be opened next month and preparations are currently underway. According to Mizuho's development plan in China, it will open a Guangzhou branch this summer and upgrade the Wuhan representative office to a Wuhan branch by the end of this year, and the Wuhan branch will cover business in Sichuan and other central and western regions.
Mizuho Bank of Japan is composed of the former Industrial Bank of Japan, Daiichi Banking Corporation and Fuji Bank1999It was jointly reorganized in 2007 and is currently the bank with the largest number of corporate customers in Japan. And Mizuho Bank(China)Co., Ltd. was established last year6Opened in March, it is the first Japanese bank to be converted into a locally registered legal person bank in China.
Although Mizuho mainly conducts corporate business overseas, Nakamura believes that the network setting and business model in China are very important to Mizuho's development strategy. “Because in China, Mizuho not only does business with Japanese companies in China, but also conducts corporate business with Chinese companies and European and American companies in China.”
At this forum meeting, the "Equator Principles" also became a hot topic of discussion.
Equator Principles(Equator Principles)Yes2002Year10International Finance Corporation, a subsidiary of the World Bank(IFC)and ABN Amro, a corporate lending standard proposed at a conference of internationally renowned commercial banks in London. This principle was established under the initiative of the International Finance Corporation200310850_10859
This guideline requires financial institutions to conduct a comprehensive assessment of the project's possible environmental and social impacts when investing in a project, and to use financial leverage to promote the project to play an active role in environmental protection and the harmonious development of the surrounding society. This is a voluntary code of conduct whereby banks commit to certain social and environmental standards for projects receiving loans from private banks.
According to Professor Sun Dongsheng from the w88 casino of Finance, w88 casino, currently, globally60%The above commercial banks have adopted this principle, and Mizuho Bank of Japan is also one of the banks that has joined the Equator Principles. However, this principle is still blank in the Chinese banking industry. "Although this is a voluntary principle and cannot be enforced from the government's perspective, I believe this will be a future trend in China's banking industry." Sun Dongsheng said.
2008Year2month2613439_13561
Odawara, Director of the Sustainability Office of Mizuho Industrial Bank, said that he noticed last year7In March, the State Administration of China, the People's Bank of China and the China Banking Regulatory Commission issued the "Opinions on Implementing Environmental Protection Policies and Regulations to Prevent Credit Risks" to implement credit controls on enterprises and projects that do not comply with industrial policies and environmental violations, and to use green credit mechanisms to curb the blind expansion of high-energy-consuming and high-pollution industries.
This year2month2515291_15361(13Heavy polluting industries)Companies applying for initial listing or refinancing must conduct environmental verification in accordance with the regulations of the State Environmental Protection Administration.
"These all show that the Chinese government is gradually paying attention to 'green' financial policies. Through these guidance, the application of the 'Equator' principle will eventually be realized in China." Odawara said. According to Odawara, the application of green finance and the Equator Principles at Mizuho Bank is mainly reflected in credit behavior. He named Indonesia Tanggu(Tangguh)The natural gas project is an example. In the financing project content, in addition to the establishment of natural gas platforms and factories, it also includes supporting integrated social insurance programs, land acquisition and relocation programs for affected villages.
Ding Jianchen, professor of finance at the w88 casino of Finance, w88 casino, also believes that from2008Year3month11In the "Explanation on the Institutional Reform Plan of the State Council" at the first session of the 11th National People's Congress on September 1, it was proposed to establish the Ministry of Environmental Protection, which shows that increasing environmental protection will be a major event for the government in the future.
“Environmental protection requires the participation of all industries, and the financial industry is no exception.” Ding Jianchen said. He believes that if banks only focus on profits and put investment quantity rather than quality first, their loan projects will naturally produce environmental and social problems, and will also bring adverse effects and operational risks to the bank's reputation. With the promotion and application of green financial systems across the country, the realization of green performance is also linked to the performance of banks, which will achieve environmental protection purposes to a certain extent.
