烟台银行，被采取监管措施！

Core Viewpoint - Yantai Bank has been ordered to rectify its operations due to ineffective execution of internal controls in fund sales and other violations, as announced by the Shandong Securities Regulatory Bureau [2][4]. Group 1: Regulatory Issues - Yantai Bank was found to have not effectively implemented internal controls and risk management for its fund sales, failed to accurately disclose customer maintenance fees for certain public fund products, and did not apply for a new license after changes in its securities and futures business [4]. - The Shandong Securities Regulatory Bureau has mandated Yantai Bank to enhance compliance management in its fund sales and submit a written rectification report within 30 days of receiving the decision [4]. Group 2: Financial Performance - In 2024, Yantai Bank's total assets reached 157.37 billion, a 12.73% increase from the beginning of the year, with operating income of 2.806 billion, up 36.48%, and net profit of 368 million, an 11.62% increase [7]. - However, in the first quarter of 2025, Yantai Bank reported a decline in operating income to 705 million, a decrease of 5.98%, while net profit increased to 255 million, a growth of 57.79% [7]. - The bank's credit impairment losses were 245 million, down 25.36% year-on-year [7]. Group 3: Corporate Changes - Yantai Bank underwent significant changes, including a capital increase from 2.66 billion to 4.622 billion, a 74.42% rise, moving from 13th to 7th in registered capital among 14 city commercial banks in Shandong [6]. - Recent leadership changes include the appointment of new vice presidents and the approval of Wang Jianchun as the new president, following the resignation of the previous president in October 2023 [6].