Guan Cha Zhe Wang·2025-09-19 02:36Core Viewpoint - China Minsheng Bank's Xiamen branch has been penalized for multiple violations, resulting in a total fine of 1.4796 million yuan, highlighting ongoing regulatory scrutiny and compliance issues within the bank [1][2]. Summary by Category Violations and Penalties - The Xiamen branch of China Minsheng Bank was found guilty of five types of violations, including failure to comply with counterfeit currency management regulations and data security management [2]. - Specific penalties were imposed on three individuals within the bank for their direct responsibilities in the violations, with fines ranging from 10,000 yuan to 25,000 yuan [3]. Regulatory Actions - Since the beginning of the year, China Minsheng Bank has accumulated fines totaling approximately 27 million yuan due to various compliance failures, including inadequate system controls and dual failures in loan management [4]. - Recent fines include 5.9 million yuan for system management issues and 950,000 yuan for dual failures in loan management at the Haikou branch [4]. Financial Performance - In the first half of the year, China Minsheng Bank reported an operating income of 72.384 billion yuan, a year-on-year increase of 7.83%, while the net profit attributable to shareholders decreased by 4.87% to 21.38 billion yuan [6]. - As of June, the bank's total assets were approximately 7.77 trillion yuan, reflecting a slight decline of 0.59%, while total loans and advances increased by 0.44% to about 4.47 trillion yuan [6].