Rural Bank in Hunan Fined for Submitting Misleading Statistical Reports

Deep News
Yesterday

The People's Bank of China Yongzhou Branch has imposed a fine of 224,400 yuan on Hunan Daoxian Rural Commercial Bank Co., Ltd. The penalty was issued due to the bank's provision of false statistical data and concealment of material facts. The administrative punishment decision was made on February 2, 2026.

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