At the 22nd China International Finance Forum held in Shanghai from December 19-20, He Changming, Deputy President of BANK OF E ASIA (China) Limited, delivered a keynote speech on building an intelligent financial ecosystem in the digital economy era.

He highlighted BANK OF E ASIA's history, established in Hong Kong in 1918 with its first Shanghai branch opening in 1920. In 2007, it became one of the first foreign banks approved for mainland incorporation. Today, it operates 29 tier-1 branches across 38 Chinese cities, ranking among the top foreign banks in mainland China.

Regarding ESG initiatives, He stated that BANK OF E ASIA actively aligns with its group's ESG strategy and China's dual-carbon goals, having announced net-zero targets: operational net-zero by 2030 and financing net-zero by 2050. The bank is currently advancing green and sustainable finance development, directing credit resources toward low-carbon projects to facilitate corporate green transitions while collaborating with clients on climate change adaptation.

"Addressing climate risks represents both an obligation and future opportunity for financial institutions," He emphasized.

Since late 2020, BANK OF E ASIA's green finance portfolio has grown from 8.1% to currently representing one-fifth of corporate loans, with continued expansion expected. Primary investment sectors include new energy vehicles (27%), followed by renewable energy (18%) such as wind and solar power, alongside green buildings, wastewater treatment, and transportation infrastructure.