Responding to carbon reduction trends and government policies while promoting green energy projects, Citibank Taiwan Ltd (花旗台灣) yesterday teamed up with Sunnyfounder (陽光伏特家) and Taiwan Green Energy for Charity Association (台灣綠能公益發展協會) to launch the first charitable carbon credit program in Taiwan. The joint efforts reflect the nation’s transition to net zero carbon emissions and serve as an innovative environment, social and governance (ESG) approach for enterprises to pursue carbon trading.
The announcement came as the National Development Council in March unveiled the government’s roadmap for achieving net zero carbon emissions by 2050 and 12 key strategies for achieving that goal. Yesterday,
Citibank Taiwan Ltd (台灣花旗) last week won Best Investment Bank in Asiamoney’s Best Bank Awards for Taiwan.
Citibank also won Best International Bank in Taiwan and Best International Investment Bank in Taiwan in the FinanceAsia Country Awards in late May.
It is the 26th consecutive year Citi won the Best International Bank award from FinanceAsia, and the second consecutive year it has received Best International Investment Bank in Taiwan.
Asiamoney said that Citi is the top choice in Taiwan for clients seeking advice on equity capital markets (ECM), debt capital markets (DCM) or mergers and acquisitions (M&A).
Citibank Taiwan president Christie Chang (張聖心), who
By Kao Shih-ching / Staff reporterDBS Bank Taiwan （星展台灣） is planning to purchase Citibank Taiwan Ltd’s （花旗台灣） consumer banking business for its net assets plus a premium of NT$19.8 billion （US$711.51 million） in cash, the local unit of Singapore-based DBS Group Holdings Ltd said yesterday.
DBS Bank Taiwan (星展台灣) is planning to purchase Citibank Taiwan Ltd’s (花旗台灣) consumer banking business for its net assets plus a premium of NT$19.8 billion (US$711.51 million) in cash, the local unit of Singapore-based DBS Group Holdings Ltd said yesterday.
It would acquire the consumer banking business via a transfer of assets and liabilities, DBS Taiwan general manger Lim Him-chuan (林鑫川) told a news conference in Taipei.
With a capital injection of S$2.2 billion (US$1.6 billion) from the parent company, DBS Bank Taiwan would pay Citibank NT$19.8 billion as a premium and acquire Citibank Taiwan’s net assets, for which the price has
Citibank issues its ESG report for last year, receives Best Corporate Social Responsibility Award from Excellence Magazine taipeitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from taipeitimes.com Daily Mail and Mail on Sunday newspapers.