Rural Commercial Bank in Anhui's Jinzhai County Fined 253,800 Yuan for Misclassifying Agricultural Loan Data and Other Compliance Failures
Deep News
Sep 24
On September 24, according to the administrative penalty disclosure table from the Lu'an branch of the People's Bank of China, the Lu'an branch issued a warning and imposed a fine of 253,800 yuan on Anhui Jinzhai Rural Commercial Bank. The penalties stem from inaccurate classification of agricultural-related loan statistics, violations of account management regulations, and failure to notify the data subjects in advance when providing negative personal credit information.
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