Blue Whale News reported on June 9 that, recently, the Jiangxi Supervision Branch of the State Administration for Financial Supervision issued a ticket, aiming at the Nanchang West Lake Branch of Guangfa Bank Co., Ltd. and its relevant responsible persons, deputy general manager, chairman and general manager of Run'an International Insurance Brokerage Co., Ltd.
The ticket shows that the main illegal and irregular facts of Nanchang West Lake Branch of Guangfa Bank Co., Ltd. (cause of the case) are: the loan "three checks" are not in place. Liu Sujuan is responsible for the above matters.
In response to the above-mentioned illegal and irregular behaviors, the Jiangxi Supervision Branch of the State Administration for Financial Supervision fined 250,000 yuan to Nanchang West Lake Branch of Guangfa Bank Co., Ltd.; and warned Liu Sujuan.
In addition, the Jiangxi Supervision Branch of the State Administration for Financial Supervision also issued a ticket to Deng Yishuo, who was then deputy general manager, chairman and general manager of Runan International Insurance Brokerage Co., Ltd., who used his business convenience to obtain improper benefits for other institutions, was warned and fined 20,000 yuan.
Source: Blue Whale Finance
