On February 5, according to the administrative penalty information released by the Zhejiang Supervision Bureau of the State Administration of Financial Supervision and Administration, due to passing on costs to small and micro enterprise customers, customers were required to bear mortgage assessment fees in violation of regulations; Passing on costs to small and micro enterprise customers, requiring customers to bear mortgage registration fees in violation of regulations, Zheshang Bank Co., Ltd. (hereinafter referred to as Zheshang Bank) was fined 550,000 yuan.
It is worth mentioning that this is not the first time that Zheshang Bank has been fined. At the end of 2023, Zheshang Bank Shanghai Branch received the largest fine of the year. A total of about 1,734 were fined and confiscated for using improper means to absorb deposits and issue loans50,000 yuan, and 13 responsible persons, including the president and vice president of the Shanghai branch of Zheshang Bank, were also fined.
In addition, according to incomplete statistics from Seven Finance, in 2023, Zheshang Bank and its branches will receive fines almost every month, involving fines of more than 27 million yuan, and most of the penalties involve violations of prudent business rules in loan business, and inadequate post-loan management of loans for small and micro enterprises.
The re-receipt of the fine means that the loan business related to small and micro enterprises of Zheshang Bank has not yet been rectified. According to Tianyancha and the official website, Zheshang Bank was established in 1993 and is the 13th "A+H" listed bank in the country, and is also one of the 12 national joint-stock commercial banks with a registered capital of 2126.9 billion yuan, the legal representative is Lu Jianqiang.
In terms of performance, in the third quarter of last year, Zheshang Bank achieved revenue of 1646.3 billion yuan, a year-on-year increase of 304%；The corresponding net profit attributable to shareholders of the listed company was 1275.3 billion yuan, a year-on-year increase of 1054%。
Although revenue and net profit both increased, the growth rate slowed down compared with the first half of 2023. In the first half of 2023, Zheshang Bank's revenue increased by 4% year-on-year68% to 332$2.7 billion; The corresponding net profit attributable to shareholders of the company increased by 1103% to 774.3 billion yuan.