A lifetime ban on business paper reveals a fraud case, China Citic Bank Corporation employee claimed to be able to process a 60 million loan to deceive a huge "benefits fee", and finally was sentenced to 12 years in prison.

① The violations related to Tao Jun resulted in the China CITIC Bank Corporation Taiyuan Branch and several individuals being fined simultaneously, but only he was banned for life in this batch of fines. ② Information from the judgment document website indicates that Tao Jun claimed he could help people obtain large loans and defraud them of substantial "kickbacks"; due to his involvement in a fraud case, he was sentenced to 12 years in the first instance.

cls.cnDec 1 00:51 ET

China Citic Bank Corporation has listed a high number of individual non-performing loan projects. The retail assets risk is still in the release stage, and the bank's non-performing asset disposal is accelerating.

China Citic Bank Corporation has recently listed a large number of non-performing loan projects, involving multiple branches in Peking, Shenzhen, and others, mostly personal consumption and non-performing loans for operations. The current retail asset risks of banks are still in the releasing stage, with remaining pressure on improving asset quality indicators, requiring larger efforts in non-performing loan write-offs, disposal measures, and more.

cls.cnNov 27 08:18 ET

Liu Yonghao once again trusts minsheng bank

Why add more investment?

wallstreetcnNov 20 23:09 ET

The next stage of revenue growth still faces pressure! Minsheng Bank's earnings conference revealed: risks in micro, retail credit are rising, with the adjustment amount of existing mortgage interest rates reaching approximately 380 billion yuan.

In the first three quarters, minsheng bank's revenue and net income attributable to the parent decreased by 4.37% and 9.21% respectively year-on-year. Management openly stated that the company's revenue growth will still face certain pressure in the next stage. minsheng bank took the initiative to centrally and uniformly adjust the inventory housing loans that meet the conditions, with a total of approximately 0.5 million adjustments and an adjusted amount of approximately 380 billion yuan, with a reduction of 37 basis points.

cls.cnNov 20 07:33 ET

Liu Yonghao has taken action! Minsheng Bank disclosed that the former largest shareholder plans to increase their shareholding to a total of over 5%, having previously reduced their shareholding multiple times.

① Currently, Southern Hope Industrial Co., Ltd. and New Hope Liuhe Investment Co., Ltd. together hold 4.96% of the total shares of the bank. ② As of the end of the third quarter, the core Tier 1 capital adequacy ratio, Tier 1 capital adequacy ratio, and total capital adequacy ratio of Minsheng Bank increased by 0.02, decreased by 0.19, and decreased by 0.48 percentage points respectively compared to the end of last year.

cls.cnNov 18 08:28 ET

When will the revenue growth rate turn positive? The management of Shanghai Pudong Development Bank gave a clear response, stating that the company will continue to "go all out" in the operation in the fourth quarter.

1. The president of shanghai pudong development bank, Xie Wei, stated that after excluding the one-time effect of the sale of the equity in the previous year, the revenue for the first three quarters increased by 1.265 billion yuan, a growth of 0.98% year-on-year. 2. In response to how to strengthen risk management, stabilize interest margins, and cope with the impact of exchange rates fluctuations, the management of shanghai pudong development bank also provided responses.

cls.cnNov 13 09:18 ET