Liaocheng branch of Agricultural Bank of China was fined 300000 yuan for serious violation of prudent operation rules

Recently, Liaocheng branch of Agricultural Bank of China received an administrative penalty of 300000 yuan.

The document No. of administrative punishment decision: cbjjzz [2022] No. 13 shows that the main illegal facts (cause of action) of Liaocheng branch of Agricultural Bank of China Co., Ltd. are: the behavior management of employees seriously violates the prudent operation rules. According to Article 46 of the law of the people’s Republic of China on banking supervision and administration, Liaocheng branch of the China Banking and Insurance Regulatory Commission imposed an administrative fine of 300000 yuan on him on April 15, 2022.

Aiqicha shows that Liaocheng branch of Agricultural Bank of China Co., Ltd. was established on November 26, 2001, with its registered address at No. 68, Dongchang West Road, Liaocheng City, and its legal representative is Pan Meng. The business scope includes the business approved by the China Banking Regulatory Commission in accordance with relevant laws, administrative regulations and other provisions. The business scope is based on the business listed in the approval documents. (for projects subject to approval according to law, business activities can be carried out only after approval by relevant departments).

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