Regulation
In 2023, the State Administration of Financial Regulatory Commissions will confiscate a total of 78 banking and insurance institutions3.8 billion yuan
On January 29, according to the official State Administration of Financial Supervision and Administration, in 2023, 4,750 banking and insurance institutions will be punished, 8,552 responsible persons will be punished, and a total of 78 fines and confiscations will be imposed3.8 billion yuan
31650,000 pieces, helping financial consumers realize economic benefits 3636.9 billion yuan.
Banks
A branch of Tianjin Binhai Huimin Village Bank was fined 300,000 yuan
On January 26, according to the official website of the State Administration of Financial Supervision and Administration, the Yingbin Street Branch of Tianjin Binhai Huimin Village Bank was fined 300,000 yuan by the regulator for "issuing unqualified personal loans".
Liaoning Financial Holding intends to make an offer to acquire Bank of Jinzhou
Bank of Jinzhou (0416.)HK) announced on the evening of January 26 that China International Capital Corporation Hong Kong will make a voluntary conditional general cash offer on behalf of Liaoning Financial Holding Group *** to press 1HK$38 Offer Price to acquire all issued H shares of Bank of Jinzhou. At the same time, Liaoning Financial Holding will make a voluntary conditional general cash offer to press 1The offer price of $25 shares to acquire all the issued domestic shares of Bank of Jinzhou (other than those already held by the offeror and persons acting in concert with it).
The announcement also pointed out that the offer of domestic shares can only be made after the offer of H shares becomes or is declared unconditional in all circumstances. Liaoning Financial Holding's concerted actors include Chengfang Huida, ICBC Investment, Cinda Investment and Great Wall Assets.
China CITIC Bank Nantong Branch was fined 1.3 million yuan
On January 26, according to the official website of the State Administration of Financial Supervision and Administration, the Nantong branch of China CITIC Bank was arrested for "inflating the scale of inclusive small and micro enterprise loans; Failure to perform due diligence in credit management; Illegal issuance of second-hand housing mortgage loans; Failure to perform due diligence in the management of bills and letters of credit business", and was fined 1.3 million yuan by the regulator.
Large companies
Real-name filing of 22 mobile financial apps such as Shirt Dejiu Pay
On January 26, according to the Internet Finance Association of China, 22 mobile financial apps, including Shande Jiufu, Yanqing Village Bank, and Anhui Nongjin, completed real-name filing.
Change of legal representative of YTO Internet Small Loan
On January 26, the official website of Qichacha showed that recently, the legal representative of Guangzhou YTO Internet Small Loan*** was changed from Shi Jian to Wang Haibiao.
Baihang Credit added 1 new personal information subject last year0.1 billion people
On January 26, 2024, Baihang Credit Information *** held the 2024 annual work conference, and in 2023, Baihang Credit Personal Credit Information System will add 1 new information subject0.1 billion people, with a total of 66.9 billion people, a year-on-year increase of 18%. Among them, the number of credit information subjects increased by 33.75 million, reaching a total of 20.2 billion people, an increase of 20%.
By the end of 2023, Baihang Credit has signed more than 1,600 financial institutions and achieved online calls of more than 1,000, covering 19 types of financial institutions in 31 provinces, autonomous regions and municipalities directly under the central government in China except Hong Kong, Macao and Taiwan. In 2023, the company's products will be called 20.6 billion times a year, with an average daily call volume of 56.5 million times, a year-on-year increase of 345%.
The three major AMCs will be merged into CIC
On January 28, in response to the institutional reform plan, three asset management companies (AMCs) of China Cinda, China Orient and China Great Wall will be transferred to CIC in the near future. (Xinhua Finance).