The loan funds were misappropriated and the Shenzhen branch of Bank of Hangzhou was fined 3 million yuan


Central radio network Beijing February 25 news according to the Banking and Insurance Regulatory Commission February 25 news, recently, shenzhen banking and Insurance regulatory bureau issued a fine, for loan funds were embezzling and other illegal acts, the Bank of Hangzhou Shenzhen branch fine of 3 million yuan, the relevant responsible person Ye Liuwei fine of 80,000 yuan.According to article 46 of the Banking Supervision and Management Law of the People’s Republic of China, The Shenzhen Banking Regulatory Bureau fined bank of Hangzhou Shenzhen Branch 3 million yuan.Ye liuwei was directly responsible for the above behavior and was fined 80,000 yuan by Shenzhen Banking Regulatory Bureau in accordance with Article 48 of the Banking Supervision And Management Law of the People’s Republic of China.The reporter learned that Bank of Hangzhou was established in September 1996 and currently has more than 200 branches.The penalty, is the bank of Hangzhou branch this year again due to loan funds embezzlement penalty.Zhoushan Branch of Bank of Hangzhou was fined 850,000 yuan on January 19, according to a fine posted on the website of the China Banking and Insurance Regulatory Commission.Zhoushan Banking supervision branch pointed out that Hangzhou Bank Zhoushan branch personal loan management is not prudent, credit funds embezzled in the purchase of houses.In addition, the bank also has imprudent management of personal loans, credit funds are not used in accordance with the agreed purposes, and illegal transfer of insurance premiums to customers.According to incomplete statistics, in the past three years, Bank of Hangzhou and its branches have been administratively punished by regulatory authorities for many times, and the amount of fines has accumulated nearly 10 million yuan, of which the head office of Bank of Hangzhou accounts for more than half.In terms of illegal behaviors, embezzlement of funds is frequently mentioned, and illegal behaviors involving real estate also appear many times.

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