Fresh off joining the "trillion-asset club," Bank of Chongqing (BCQ) has been slapped with a regulatory penalty over compliance failures.

**2.2 Million Yuan Fine for Inadequate Loan "Three Checks"** On October 22, the Chongqing branch of China’s National Financial Regulatory Administration issued penalties totaling 2.2 million yuan against BCQ for deficiencies in loan due diligence (the "three checks" process) and imprudent investment practices. Liu Xiaona, a responsible party, was also warned for her role in the loan review lapses.

This isn’t the first time BCQ has faced regulatory action. Public records show that since 2021, the bank and its branches have accumulated over 15 million yuan in fines, primarily for recurring issues like inadequate loan due diligence, inaccurate risk classification, and poor employee conduct oversight. For instance, on November 30, 2024, its Fuling branch was fined 400,000 yuan for similar loan review failures.

When contacted for comment, BCQ had not responded by press time.

**Q3 Fee Income Plunges 27% YoY** Founded in 1996, BCQ is one of the earliest regional state-owned joint-stock commercial banks in western China and the upper Yangtze region. It listed on the Hong Kong Stock Exchange in 2013 and debuted on the Shanghai Stock Exchange in 2021, becoming the first western China city commercial bank with dual "A+H" listings.

The bank’s Q3 2025 report revealed total assets of 1.02275 trillion yuan as of September 30, up 24.1% year-on-year (YoY). Revenue rose 10.4% YoY to 11.74 billion yuan, while net profit grew 10.42% to 5.196 billion yuan—marking its first double-digit growth in both metrics.

However, BCQ’s revenue structure remains heavily reliant on traditional lending. Net interest income accounted for 77.68% of total revenue at 9.12 billion yuan (up 15.22% YoY), whereas net fee and commission income plummeted 27.59% to 559 million yuan, making up just 4.76% of revenue.

Asset quality showed mixed signals: non-performing loans (NPLs) rose to 5.894 billion yuan, but the NPL ratio dipped 0.11 percentage points to 1.14%, with loan loss coverage improving to 248.11%.

Notably, capital adequacy ratios continued to decline, signaling mounting replenishment pressure. As of Q3 2025, BCQ’s core tier-1, tier-1, and total capital adequacy ratios stood at 8.57%, 9.67%, and 12.60%, respectively—down sharply from both mid-2025 and year-end 2024 levels.