Hengfeng Bank Qingdao Branch was fined 500,000 yuan to issue loans for violations

[Dahecai Cube News] On July 8, the Qingdao Banking Regulatory Bureau issued three penalties for Hengfeng Bank.The announcement shows that Hengfeng Bank Qingdao Branch was fined 500,000 yuan for illegally issuing loans.

Hu Chongzheng was responsible for the case of the lending of Hengfeng Bank Qingdao Branch and was punished by warning; Wan Hongtao was responsible for the case of the loan of Hengfeng Bank Qingdao Branch, and he was punished and fined 60,000 yuan.

The Qingdao Banking Regulatory Bureau issued the above administrative penalties on June 29, and the punishment was based on Article 46 of the People's Republic of China Banking Industry Supervision and Administration Law and Article 48 of the People's Republic of China.

Responsible editor: Wang Shidan | Audit: Li Zhen | Director: Wan Junwei

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