Rural Commercial Bank in Anhui's Jinzhai County Fined 253,800 Yuan for Misclassifying Agricultural Loan Data and Other Compliance Failures

Deep News
09/24

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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