Shaoxing Ruifeng Bank was fined 600,000 yuan for not prudent loan management!

Recent Specifically, its violations of laws and regulations are that the loan management is not prudent and eventually forms bad; the second is that the case information is not submitted in accordance with the regulations. Zhou Weizhong had a direct responsibility for the above behavior. Chen Dong had an approval responsibility and management responsibility for the above behavior. The Shaoxing Banking Regulatory Bureau of the Shaoxing Banking Regulatory Supervisory Bureau would ban the administrative penalty of 5 years of work in the banking industry and warn Chen Dong.

This punishment is not the first time the bank has led the penalty since this year. On July 25, 2022, the bank was fined RMB 410,000 by the State Administration of Foreign Exchange due to violation of regulations. Income RMB 23889.31.

Public information shows that Ruifeng Bank is headquartered in Shaoxing City, Zhejiang. It was formerly known as Shaoxing County Credit Federation. In 2005, it was restructured into Rural Cooperation Bank in Shaoxing County in Zhejiang. The bank has a registered capital of 1.509 billion yuan, with 108 outlets, distributed in Keqiao District, Yuecheng District and Yiwu City, Shaoxing City. At present, there are a total of 1973 employees, with a bachelor's degree or above of over 90 %, 141 masters, accounting for 7.15 %, and the "post -90s" employees account for more than half. On June 25, 2021, Ruifeng Bank successfully landed on the main board of the Shanghai Stock Exchange and became the first listed rural bank in Zhejiang Province. On the evening of August 24, 2022, Ruifeng Bank, which was listed for a long time, announced the 2022 mid -term performance report. The report shows that as of the end of June, the bank's total assets exceeded 150 billion yuan to 151.939 billion yuan, an increase of 11.01 % over the beginning of the year.

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