PSBC's Xinjiang Branch Fined 341,000 Yuan for Multiple Regulatory Violations

Deep News
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On March 23, the People's Bank of China's branch in the Kizilsu Kirghiz Autonomous Prefecture issued a penalty decision. The local branch of Postal Savings Bank Of China Co.,Ltd. was warned and fined 341,000 yuan for violations including breaches of financial statistics regulations, credit information management rules, renminbi management provisions, and anti-money laundering requirements.

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