On January 9, the Zhejiang Supervision Bureau of the State Administration of Financial Supervision disclosed the fine information showing that the Hangzhou Branch of Zhejiang Tailong Commercial Bank and the Zhejiang Branch of the Postal Savings Bank of China were fined for a number of violations of laws and regulations, with a total fine of 8.5 million yuan. Zhejiang Tailong Commercial Bank was fined 2.05 million yuanAccording to the penalty information, on January 4, the Hangzhou branch of Zhejiang Tailong Commercial Bank was fined 2.05 million yuan. The branch mainly had eight violations of laws and regulations, including non-compliance with some performance appraisalsSerious imprudent pre-loan investigation and granting working capital loans to ineligible borrowers;Post-loan management is not in place, and credit funds are not used according to the agreed purpose;The discounted funds flow directly back to the drawer;Inaccurate classification of loan risk;Handle bill discounting business without real background;Employee management is not in place;Forced tying of insurance through borrowing. 
It is worth noting that, according to the fine disclosed by the Shanghai Regulatory Bureau at the end of December, the capital operation center of Zhejiang Tailong Commercial Bank was previously fined 1.1 million yuan for seriously violating the prudential operation rules in the bill transfer discount business, violating the rules of over-authorized transactions, and carrying out ** investment business without credit. Kong Jingjing, then deputy general manager (presiding over the work) of the capital transaction department of the capital operation center of Zhejiang Tailong Commercial Bank, was responsible for the company's capital operation center for illegal and unauthorized transactions, and was given a warning and fined 50,000 yuan. Tianyancha shows that Zhejiang Tailong Commercial Bank was established in June 2006 and is a joint-stock city commercial bank with a registered capital of 3 billion yuan. According to the official website, Zhejiang Tailong Commercial Bank currently has more than 10,000 employees, opened 13 branches in Hangzhou, Ningbo, Shanghai, Suzhou, Shaoxing, etc., and initiated the establishment of 13 Tailong village banks in Zhejiang, Hubei, Fujian, Guangdong and other places, with more than 400 outlets. In the first half of 2023, the bank achieved an operating income of 785.3 billion yuan, a year-on-year increase of 63%；Achieved a net profit of 258.8 billion yuan, a year-on-year increase of 1519%。As of the end of June 2023, Zhejiang Tailong Bank's total unaudited consolidated assets were 4,0750.9 billion yuan. A branch of the Postal Savings Bank was fined 6.45 million yuanAccording to the penalty information, on December 29, 2023, the Zhejiang Branch of the Postal Savings Bank of China was fined 6.45 million yuan, and Bao Jie, then the deputy general manager of the Zhejiang Branch of the Zhejiang Branch of the Zhejiang Branch of the Postal Savings Bank of China, the Deputy General Manager of the Consumer Credit Department, and the Deputy General Manager (presiding over the work) of the Zhejiang Branch of the Zhejiang Branch of the Postal Savings Bank of China, was warned. The main facts of violations of laws and regulations include: the management of personal business loans is not prudent, and the cancellation of business entities is not discovered in a timely manner;Granting personal business loans to civil servants;Illegal misappropriation of personal loan funds**;;Illegal misappropriation of personal loan funds into the housing market;The return of funds to shareholders substantially replaces the cost of land acquisition;Failure to issue real estate development loans according to the progress of the project;The "three checks" of loans are not in place, and the disclosure of major negative information is insufficientThe working capital loan was misappropriated into **;Working capital loans are diverted for investments such as trusts;The management of enterprise zoning is not in place, and the statistics on loans to small and micro enterprises are not true;Housing mortgage loan funds are not paid directly to the pre-sale funds escrow account;Employees have irregular financial transactions with credit customers;Employees keep important documents in violation of regulations;The management of the deposit business is not in place;**Business Establishment Violations**Sales;Loan tie-ins;Discounting bills without real background;Do not cooperate with on-site inspections. 
Editor: Joey.
Review: Chen Siyang.