On October 31, the National Financial Regulatory Administration disclosed administrative penalties, revealing that Bank of China Limited was fined 97.9 million yuan due to imprudent management in corporate governance, loans, interbank business, bills, asset quality, and non-performing asset disposal.
Additionally, five responsible individuals—Chen Zi, Liu Lingli, Zhang Huijuan, He Chungeng, and Yu Ronggang—were each given warnings and collectively fined 300,000 yuan.
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