China Net Finance and Economics on November 15, 2019 A few days ago, the official website of the Banking and Insurance Regulatory Commission released the "Hubei Banking and Insurance Regulatory Bureau Organ Administrative Penalty Information Disclosure Form (Eyin Insurance Regulatory Decision [2021] No. 29)" showing that the Wuhan branch of Standard Chartered Bank (China) Co., Ltd. was fined 300,000 yuan for failing to perform its duties in pre-loan investigation and post-loan management; at the same time, the Hubei Banking and Insurance Regulatory Bureau gave a warning administrative penalty to the responsible person, Guo Zhong.
(Editor-in-Charge: Yi Wei)