According to incomplete statistics, from January to December 2021, the China Banking and Insurance Regulatory Commission and its local offices issued a total of 4,023 fines against banking institutions and relevant responsible persons, with a total amount of fines and confiscations of approximately 1.915 billion yuan. Among them, the China Banking and Insurance Regulatory Commission issued 24 fines, with a total fine of approximately 679 million yuan; the dispatched agencies issued 3,999 fines, with a total fine of approximately 1.236 billion yuan.

Throughout 2021, 758 banks (including branches) and 2,590 relevant responsible persons were punished. Among them, 174 people have been banned from working in the banking industry for life, and 8 people have had their qualifications as senior managers revoked for life.

The tickets and fines issued by the dispatch agencies are as follows:

(Note: The date of the penalty decision is used as the statistical basis)

1

758 banks were fined

In 2021, 758 banks (including branches) were fined , the total fines and confiscations are approximately 1.867 billion yuan (excluding personal penalties). Among them, 15 companies were fined and confiscated with a total fine exceeding 10 million yuan.

Specifically:

In 2021, among the three development financial institutions and policy banks (including branches), the total of China Development Bank was fined 14.05 million yuan, the Export-Import Bank was fined a total of 87.206 million yuan, and the Agricultural Development Bank was fined a total of 16.97 million yuan.

In 2021, six large state-owned commercial banks (including branches) were fined a total of approximately 415 million yuan.

Among the fines (excluding personal penalties) received by the six large state-owned commercial banks, Agricultural Bank of China received the most fines, 129.

Among the large state-owned commercial banks, the largest fine was issued by the China Banking and Insurance Regulatory Commission. In May 2021, Bank of China was fined 87,613,550 yuan by the China Banking and Insurance Regulatory Commission for 36 violations including "issuing loans to government purchase service projects that were not included in the budget, and illegally issuing credit loans to related parties".

In 2021, 12 joint-stock commercial banks (including branches) were fined a total of approximately 707 million yuan.

Among the fines (excluding personal penalties) received by 12 joint-stock commercial banks, China Everbright Bank received the most fines, 56.

Among joint-stock commercial banks, the largest fine was also issued by the China Banking and Insurance Regulatory Commission. In May 2021, Bohai Bank was fined 97.2 million yuan by the China Banking and Insurance Regulatory Commission due to 34 violations of laws and regulations, including "non-compliance of loans for local government purchase service projects and illegal loans to real estate projects with insufficient capital".

In 2021, 86 city commercial banks (including branches) were fined a total of approximately 209 million yuan.

Among urban commercial banks, the largest fine was issued by the Beijing Banking and Insurance Regulatory Bureau. In September 2021, Bank of Beijing was fined 8.2 million yuan by the Beijing Banking and Insurance Regulatory Bureau due to illegal charges, serious violations of prudent operating rules in wealth management and interbank investment business, and inadequate loan management, which led to the misappropriation of loan funds.

The five relevant responsible persons were fined a total of 200,000 yuan.

In 2021, 358 rural commercial banks (including branches) were fined, with a total fine of approximately 240 million yuan.

In 2021, 4 rural cooperative banks (including branches) were fined with a total fine of 3.2 million yuan.

In 2021, 1 provincial cooperative and 103 rural credit cooperatives (including branches) were fined a total of 49.17 million yuan.

In 2021, 166 village and town banks (including branches) were fined a total of 77.9874 million yuan.

In 2021, 5 private banks (including branches) were fined, with a total fine of 17.8558 million yuan.

In 2021, 12 foreign-funded corporate banks were fined, with a total fine of 28.1795 million yuan. In May 2021, Bank of East Asia (China) Co., Ltd. due to "loan disbursement to real estate development enterprises was not recorded in the real estate development loan account, loan payment and post-loan management were not in place, resulting in part of the real estate development loan funds being misappropriated and illegally issued to individuals" He was fined 11.2 million yuan by the China Banking and Insurance Regulatory Commission for 18 violations including "housing mortgage loans".

In 2021, two rural mutual aid cooperatives (including branches) were fined with a total fine of 420,000 yuan.

2

Credit business violations account for a relatively high proportion

Sort out the administrative penalty decisions issued in 2021 The book found that among the 758 banks that were punished, credit business violations were still the main problem of violations, accounting for more than 70%.

Failure to complete the "three checks" on loans, misappropriation of credit funds, and inaccurate classification of loan risks are the hardest hit areas for violations of laws and regulations. Among them, the illegal flow of multi-purpose funds such as personal operating loans and personal consumption loans into the real estate market is still the focus of regulatory penalties.

In addition to credit business violations, banking institutions have also been punished for other violations of laws and regulations. Specifically:

Large state-owned commercial banks were also punished for "illegal fees, financial management business violations, and deception of policyholders and insured persons";

Joint-stock commercial banks were punished for "illegal financial management business violations, employees

City commercial banks were punished for "failing to approve related-party transactions as required and failing to disclose information in accordance with regulations";

Rural commercial banks were punished for “passing on operating costs, conducting major related transactions in violation of regulations, and irregular related transactions”;

Rural credit cooperatives were punished for "illegal dividend distribution, failure to investigate abnormal employee behavior, and passing on mortgage assessment fees";

Rural banks were punished for "reverse procedure credit granting and providing false Data reports, large risk exposures exceeding standards, etc. were punished.

3

2,590 people were punished

174 people were banned from business for life

In 2021, 2,590 relevant responsible persons were punished by the China Banking and Insurance Regulatory Commission and local agencies, with a total fine of approximately 44.716 million yuan.

Due to being directly responsible for the illegal activities of their banking institutions, 174 people were banned from working in the banking industry for life, and 144 people were banned from working in the banking industry 1-15 Year.

Eight people were disqualified from serving as senior managers for life, and 53 people were disqualified from serving as senior managers for 1 to 10 years.

4

Penalties in various places

Starting in 2021 The regions with the largest number of fines issued were Jiangsu, Heilongjiang, and Shandong, with 347, 259, and 254 tickets respectively.

The regions with the largest total fines are Zhejiang, Shanghai, and Jiangsu, which are approximately 88.71 million yuan, 83.25 million yuan, and 79.62 million yuan respectively.

※Statistical data comes from the China Banking and Insurance Regulatory Commission website. The date of the penalty decision is used as the statistical basis. If there is any discrepancy Please refer to official data.

Editing, data, tabulation Han Yeqing Ji Xiaohang

Cartography Zhang Fan