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Two branches in Bank of Zhengzhou received four tickets for improper management of loan funds.
On September 30th, it was learned from official website, the Insurance Regulatory Commission of the Bank of China that the Henan Banking Insurance Regulatory Bureau issued four tickets and imposed administrative penalties on Bank of Zhengzhou.

According to the penalty information, Bank of Zhengzhou University Road Sub-branch was fined 300,000 yuan by China Banking and Insurance Regulatory Commission for improper post-loan management, and Liu Ping was warned for the above violations.

Meanwhile, Bank of Zhengzhou Sub-branch was fined 500,000 yuan for misappropriating loan funds, and was warned and fined 50,000 yuan.

According to the data, Bank of Zhengzhou is the first city commercial bank in China to list A+H shares. By the end of June 20 19, the total number of employees in Bank of Zhengzhou was 4,676, the total number of overseas business institutions was 166, the total assets were 479.796 billion yuan, the capital adequacy ratio was 12.74%, and the non-performing loan ratio was 2.39%.

The following is the original punishment:

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