Due to inaccurate risk classification of credit assets , Fucheng Rural Commercial Bank was fined 90

Mondo Finance Updated on 2024-02-29

According to the State Administration of Financial Supervision and Administration, Fucheng Rural Commercial Bank Co., Ltd. (hereinafter referred to as "Fucheng Rural Commercial Bank") was fined 900,000 yuan for inaccurate risk classification of credit assets, lax post-loan inspection, misappropriation of credit funds, and failure to implement unified credit to group customers.

Hengshui Supervision Branch of the State Administration of Financial Supervision and Administration.

Administrative Penalty Information Disclosure Form (Hengyin Insurance Regulatory Penalty Decision Zi 2022 No. 20).

Data**: State Administration of Financial Supervision.

Shang Peng, then vice president of Fucheng Rural Commercial Bank, was warned and fined 50,000 yuan for the inaccurate risk classification of credit assets of Fucheng Rural Commercial Bank, the misappropriation of credit funds due to lax post-loan inspection, and the failure to implement unified credit for the group's customers.

Hengshui Supervision Branch of the State Administration of Financial Supervision and Administration.

Administrative Penalty Information Disclosure Form (Hengyin Insurance Regulatory Penalty Decision Zi 2022 No. 21).

Data**: State Administration of Financial Supervision.

Kou Jianqiang, then manager of the credit approval department of Fucheng Rural Commercial Bank, was warned for the inaccurate risk classification of credit assets of Fucheng Rural Commercial Bank and the failure to implement unified credit for the group's customers.

Hengshui Supervision Branch of the State Administration of Financial Supervision and Administration.

Administrative Penalty Information Disclosure Form (Hengyin Insurance Regulatory Penalty Decision Zi 2022 No. 22).

Data**: State Administration of Financial Supervision.

Liu Jianchao, then manager of the customer manager department of Fucheng Rural Commercial Bank, was responsible for the misappropriation of credit funds caused by the lax post-loan inspection of Fucheng Rural Commercial Bank and was warned.

Hengshui Supervision Branch of the State Administration of Financial Supervision and Administration.

Administrative Penalty Information Disclosure Form (Hengyin Insurance Regulatory Penalty Decision Zi 2022 No. 23).

Data**: State Administration of Financial Supervision.

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