PSBC Hubei Branch Fined 650,000 Yuan for Improper Bill and Letter of Credit Management

Deep News
09/05

On September 5th, according to the administrative penalty information disclosure from the National Financial Regulatory Administration Hubei Bureau, the Hubei Provincial Branch of Postal Savings Bank Of China Co.,Ltd. was fined 650,000 yuan for improper bill business management and improper letter of credit business management. Additionally, the responsible person Ye Chaoqun received a warning.

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