Guangdong Shunde Rural Commercial Bank Yingde Branch fined 300,000 yuan for inaccurate loan risk classification

Blue Whale News, March 5 — Recently, the Qujing Supervision Branch of the National Financial Regulatory Administration issued an administrative penalty notice targeting the Yingde Branch of Guangdong Shunde Rural Commercial Bank Co., Ltd. and its responsible personnel.

The penalty notice states that the main violation by the Yingde Branch of Guangdong Shunde Rural Commercial Bank Co., Ltd. was inaccurate loan risk classification.

In response to this issue, the Qujing Supervision Branch of the National Financial Regulatory Administration imposed a fine of 300,000 yuan and issued a warning to the responsible person, Liang Jianqi.

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