Core Viewpoint - Bohai Bank has faced multiple regulatory penalties in 2023, indicating ongoing compliance issues despite recent improvements in financial performance [2][6][8]. Regulatory Penalties - Bohai Bank has received a total of 25 penalties this year, including 9 institutional fines and 16 personal fines, amounting to over 5 million yuan [6][8]. - Recent fines include 950,000 yuan for the Taiyuan branch due to inadequate credit investigation and employee management, and 700,000 yuan for the Taiyuan Xingfuli branch for failing to accurately reflect risk conditions [2][3][6]. - The Nanning branch was fined 328,000 yuan for violating data security management regulations and failing to perform customer identity verification [3][5]. Compliance and Internal Control - Despite a commitment to compliance made by the Taiyuan branch in June, the bank continues to face scrutiny for its internal controls and compliance management [3][8]. - The bank's compliance risk management structure involves multiple levels, including the board of directors and various departments, but it currently lacks a Chief Compliance Officer [8][9]. - The absence of a Chief Compliance Officer is notable, especially following the implementation of new regulations requiring financial institutions to appoint such a position [9]. Financial Performance - Bohai Bank reported a revenue of 25.482 billion yuan in the previous year, a 1.94% increase, and a net profit of 5.256 billion yuan, up 3.44% [8]. - In the first quarter of this year, the bank achieved a revenue of 7.892 billion yuan, a 4.20% year-on-year increase, and a net profit of 3.109 billion yuan, up 1.99% [8].
渤海银行三家分支行接连被罚！业绩增长，合规漏洞何时补？