Core Viewpoint - The China Banking Regulatory Commission has imposed a fine of 97.9 million yuan on China Bank due to issues related to asset quality and business management practices [1] Group 1: Regulatory Actions - China Bank was fined 97.9 million yuan for not managing asset quality and related business practices prudently [1] - Five responsible individuals within the bank also received penalties alongside the institution [1] Group 2: Company Response - China Bank stated that the penalty was based on findings from a risk management and internal control effectiveness inspection conducted in 2023 [1] - The bank emphasized its commitment to addressing the issues identified, conducting a thorough analysis of the root causes, and implementing corrective measures [1] - The bank has nearly completed its rectification process and will continue to operate in compliance with laws and regulations while enhancing risk management and internal control [1] Group 3: Future Outlook - China Bank aims to improve its risk management and internal control systems to better serve the high-quality development of the real economy [1]
被罚9790万元 中行回应：已基本完成整改