恒丰银行再领大额罚单：信贷业务多次违规 资本“饥渴症”难解

Core Viewpoint - Hengfeng Bank has faced significant regulatory penalties in 2023, totaling over 17 million yuan, primarily due to issues related to non-performing loans and compliance failures [2][3][4]. Regulatory Penalties - Hengfeng Bank's Chongqing branch was fined 2.6 million yuan for covering up non-performing loans and other violations, marking the third penalty exceeding one million yuan this year [1][3]. - The total penalties for Hengfeng Bank in 2023 have reached approximately 17.56 million yuan, representing an increase of nearly 80% compared to the total fines in 2024 [2][3]. - Specific individuals within the bank have also faced warnings and fines for their roles in these violations, including a 50,000 yuan fine for a branch manager [3]. Asset Quality and Management - Hengfeng Bank has been struggling with asset quality, with a non-performing loan ratio of 1.49%, which is higher than the average of 1.22% among peer banks [6]. - The bank has been actively disposing of non-performing assets, including a significant transaction involving the transfer of 5.465 billion yuan in bad debts to its controlling shareholder [5][6]. - The bank's credit impairment losses reached 8.613 billion yuan in 2024, reflecting a year-on-year increase of 19.5% [6]. Capital Management and Future Plans - Hengfeng Bank is planning to conduct a capital increase to bolster its core tier one capital, as it has been facing pressure from capital consumption and compliance issues [8]. - The bank has initiated preparations for a non-public capital increase, which is crucial for its future growth and potential listing [8]. - The bank's path to listing is complicated by historical losses of 27.401 billion yuan in undistributed profits and ongoing challenges related to asset quality and regulatory compliance [8].