E.SUN Bank (China) Company, Ltd.  Introduces its Transformative New Corporate Governance Initiative

E.SUN Bank (China) Company, Ltd.  Introduces its Transformative New Corporate Governance Initiative

In pursuit of long-term localized operations and commitments, E.SUN Bank (China) Company, Ltd. has implemented the ‘Thorough Corporate Governance & Easy-To-Be-Understood And Detailed Disclosure Of Information’ program. This initiative underscores the importance of corporate identity as a catalyst for impactful change, striving to maintain a balanced approach that serves the interests of all stakeholders. 

By ensuring that information is easily accessible and clearly presented through detailed annual reports, the initiative sets a benchmark for transparency and accountability. In recognition of its efforts, E.SUN Bank (China) was honored with an award under the Corporate Governance category at the Asia Responsible Enterprise Awards 2024 China Chapter, organized by Enterprise Asia.

E.SUN Bank (China) Company, Ltd.’s commitment to corporate governance is exemplified by its remarkable achievements. The bank has upheld a strong financial position, achieving a Baa2 investment-grade credit rating from Moody’s in 2018 and progressing to Baa1 in 2022 and 2023. Additionally, the company was unanimously elected as chairman unit of the local banking association by 34 banks since 2022. Reflecting its dedication to customer satisfaction and employee engagement, over 97% of customers expressed satisfaction with its services in the past three years, while 85% of employees reported a sense of accomplishment in their roles, as revealed in a 2024 survey.

Through its ‘Thorough Corporate Governance & Easy-To-Be-Understood And Detailed Disclosure Of Information’ initiative, E.SUN Bank (China) is driving significant change by promoting transparency and clear communication within the organization. These efforts have paved the way to building trust and confidence among stakeholders, ensuring long-term sustainability while fostering responsible business practices. 

About Enterprise Asia

Enterprise Asia is a non-governmental organization in pursuit of creating an Asia that is rich in entrepreneurship as an engine toward sustainable and progressive economic and social development within a world of economic equality. Its two pillars of existence are investment in people and responsible entrepreneurship. Enterprise Asia works with governments, NGOs, and other organizations to promote competitiveness and entrepreneurial development, uplifting the economic status of people across Asia and ensuring a legacy of hope, innovation, and courage for future generations. Please visit https://www.enterpriseasia.org/ for more information.

About Asia Responsible Enterprise Awards (AREA)

The Asia Responsible Enterprise Awards program recognizes and honors Asian businesses for championing sustainable and responsible entrepreneurship in the categories of Green Leadership, Investment in People, Health Promotion, Social Empowerment, Corporate Governance, Circular Economy Leadership, Corporate Sustainability Reporting, and Responsible Business Leadership. For more information, visit https://enterpriseasia.org/area/.

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