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Created on: Nov 19 2020 Last update: Nov 19 2020
About Shinsei Bank Shinsei Bank is the successor of the Long-Term Credit Bank of Japan (LTCB), which had a government monopoly on the issuance of many long-term debt securities. Following the collapse of the Japanese asset price bubble in 1989, the bank was riddled with bad debts and the government nationalized it in 1998. After several proposed mergers with domestic banks, LTCB was sold to an international group led by US-based Ripplewood Holdings in March 2000, the first time in history that a Japanese bank came under foreign control. LTCB was relaunched as Shinsei Bank (literally "Newborn") in June 2000, with new management and services. Shinsei Bank provides a full range of financial products and services to both institutional and individual customers. It is headquartered in Chuo, Tokyo.
Website http://www.shinseibank.com
Headquarters 4-3, Nihonbashi-muromachi 2-chome, Chuo-ku 103-8303 Tokyo Japan
CEO/chair Hideyuki Kudo President and CEO
Supervisor Bank of Japan
Annual report Annual integrated report 2019-2020
Ownership listed on Tokyo Stock Exchange Shinsei Bank's largest shareholder is the Japanese government (18.1%). The bank's complete shareholder structure can be accessed here.
Complaints Shinsei Bank operates a complaints channel which can be accessed here. and grievances
Sustainability
Voluntary standards Shinsei Bank has committed itself to the following voluntary standards: Equator Principles Principles for Responsible Banking (PRB) Task Force on Climate-related Financial Disclosures United Nations Global Compact
Investment policies Shinsei Bank's web page on corporate social responsibility can be accessed here. Shinsei Bank mentions a Group Human rights policy in its ESG index web page, but the policy document is not publicly available.
ESG management policy Date listed represents date as accessed on website Dec 8 2020 | Shinsei Bank
Policy on Anti-Money Laundering and Countering the Financing of Terrorism Date listed represents date as accessed on website Dec 8 2020 | Shinsei Bank BankTrack campaigns and Shinsei Bank
Equator Principles
Implementation and reporting The Equator Principles require that adopting banks publicly report on the implementation of the principles. You can find the reporting requirements for EPFIs here.
Contact and complaints The Equator Principles currently lack a formal complaints mechanism. Should you have any concerns or complaints about how the Equator Principles are being applied in a specific project in which Shinsei Bank is also involved, please get in touch with our Equator Principles team.
Equator Principles Dodgy Deals BankTrack is monitoring the following Equator Principles projects that are co-financed by Shinsei Bank -note that some files may be on record, no longer updated-:
Projects
Mozambique LNG Mozambique LNG Terminal | Pipeline Transportation of Natural Gas active
Batang Coal Power Project Indonesia Coal Electric Power Generation on record
MGT Teesside biomass power station United Kingdom Biomass Electric Power Generation on record
Nghi Son 2 coal power plant Vietnam Coal Electric Power Generation on record Good moves
Related Dodgy Deals
Shinsei Bank has been linked to the following "Dodgy Deals", e.g. as a current or past financier or through an expression of interest. Find out more about dodgy deals here. See the project or company profile for more details on the nature of the bank's link to the Dodgy Deal.
Projects
Mozambique LNG Mozambique active LNG Terminal | Pipeline Transportation of Natural Gas
Batang Coal Power Project Indonesia on record Coal Electric Power Generation
MGT Teesside biomass power station United Kingdom on record Biomass Electric Power Generation
Nghi Son 2 coal power plant Vietnam on record Coal Electric Power Generation
Companies
Adaro Energy Indonesia active Coal Electric Power Generation | Coal Mining