Tianjin Binhai Rural Commercial Bank Shaoxing Branch was fined 1.15 million yuan for violations such as reckless loan management and other infractions.

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On April 3, administrative penalty information disclosed by the Shaoxing Regulatory Branch of the National Financial Regulatory Administration shows that Tianjin Binhai Rural Commercial Bank Co., Ltd. Shaoxing Branch was fined $1.15 million for, among other things, imprudent loan management, and that the relevant responsible persons, Hu Huangqin and Xue Mingming, were given warnings.

(National Financial Regulatory Administration)

(Editor: Qian Xiaorui)

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