Agricultural Bank Of China is following up on the exchange rate for personal foreign currency cash remittances, and recently several large state-owned banks have optimized and upgraded related services.
① On December 13, Agricultural Bank Of China announced on its official website that starting from December 13, 2024, it will optimize and upgrade personal foreign currency cash remittance services. ② In addition to Agricultural Bank Of China, several other banks have recently released similar announcements stating they will upgrade foreign currency cash services for personal Forex Accounts. ③ Although the cash remittance parity may somewhat affect the income of banks, it can significantly reduce the cost for individuals to conduct Forex Business.
Jiangnan Mould & Plastic Technology reduced its shareholding in Bank Of Jiangsu by 25 million shares, and multiple listed banks have seen shareholding reductions by shareholders this year.
① On the evening of December 11, the listed company Jiangnan Mould & Plastic Technology (000700) announced that it had recently reduced its shareholding in Bank Of Jiangsu by 25 million shares, with a transaction amount of 0.226 billion yuan. ② Throughout the year, there have been multiple cases where shares of listed banks have been reduced by Shareholders, involving Bank Of Changsha, Bank Of Hangzhou, Qilu Bank, and others.
State-owned large banks are following up again, and the Postal Savings Bank Of China has disclosed the list of external collection agencies for personal consumer loans. The bank's collection business is becoming increasingly standardized.
① The Postal Savings Bank Of China, Bank of Communications, and several other banks have recently continued to announce the list of external collection Institutions they collaborate with, which is related to the requirements of regulatory authorities. ② As the relevant collection work becomes increasingly standardized, the likelihood of previously common violations will significantly decrease. ③ In addition to the disclosure of the external collection list for consumer loans by Bank of Communications and the Postal Savings Bank Of China, some other banks have also recently disclosed the list of credit card collection Institutions on their official websites.
A lifetime ban on a single document has exposed a 4 million "loan turnover" case, involving the branch manager of the Bank Of Xi'An, with a court identifying suspected economic crimes.
On December 10, the official website of the National Financial Regulatory Administration disclosed that Qin Jiang, the then president of the Health Road Branch of Bank Of Xi'An, was banned for life due to "violations in Crediting Business and inadequate management of employee behavior." The People’s Court of Dali County, Shaanxi Province, found that the four defendants clearly had suspicions of economic crimes, and according to relevant regulations, the actions in this case should be adjudicated to dismiss the prosecution and transfer the relevant criminal materials to the public security authorities.
The interim dividends of China CITIC Bank Corporation and Xiamen Bank Co., Ltd. will be distributed this week. The number of banks that have announced dividend plans has increased to 21, and there is still a "red envelope" of 233.4 billion on the way.
① As listed Banks increase dividend frequency through mid-term dividends, investors can enhance their reinvestment opportunities. ② At the same time, the sustainability of Banks' dividends is strengthened, sending a positive signal to the market, which is expected to boost confidence in Banks' capital management abilities and financial health.
The senior executive of the industrial bank has been "confirmed", with the appointment qualifications of Secretary of the Board, Xia Weichun, approved.
Setting the stage at the beginning of the year.