Regulator Fines Guangxi Liucheng Rural Commercial Bank 550,000 Yuan for Credit and Classification Violations
Deep News
Sep 22
On September 22, financial frontline news reported that the disclosure table of administrative penalty information from the Liuzhou Regulatory Branch of the National Financial Regulatory Administration shows that Guangxi Liucheng Rural Commercial Bank was fined 550,000 yuan by the Liuzhou financial regulatory branch for failing to conduct unified credit assessment for group clients and for inaccuracies in loan five-tier classification.
Additionally, Liang Yungang received a warning in connection with the case.
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