Nanjing Bank's Hangzhou Branch Fined 1.85 Million Yuan for Improper Management of Working Capital Loans and Other Violations

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2026-03-20 11:15:49

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On March 19, the Zhejiang Regulatory Bureau of the China Banking and Insurance Regulatory Commission disclosed administrative penalty information showing that Nanjing Bank Co., Ltd. Hangzhou Branch was fined 1.85 million yuan for illegal activities such as imprudent management of working capital loans and lack of control over personal loan purposes; related responsible person Cai Jun was given a warning.

(China Banking and Insurance Regulatory Commission)

(Edited by: Qian Xiaorui)

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