Imprudent Loan Disbursement for Projects; China Agricultural Development Bank Hubei Branch Fined 300,000 Yuan

Guo Tingting

Notice screenshot.

Recently, the Enshi Regulatory Branch of the National Financial Supervision and Administration Bureau publicly disclosed administrative penalty information indicating that the Hubei Branch of the Agricultural Development Bank of China and related responsible persons were found to have been negligent in issuing project loans.

The main illegal and regulatory violations. According to relevant regulations, the Enshi Financial Regulatory Branch fined the Hubei Branch of the Agricultural Development Bank of China 300,000 yuan and issued warnings to the responsible personnel. (Photo/Text: Hu Jin)

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