央行出手！上海银行，被罚没超2900万！回应来了

Core Viewpoint - Shanghai Bank has been fined over 29 million yuan due to violations in eight business areas, with 15 responsible individuals also penalized [2][5]. Summary by Sections Violations and Penalties - Shanghai Bank was penalized for eight types of violations, including breaches of account management regulations, clearing management regulations, anti-counterfeit currency management regulations, and failure to fulfill customer identity verification obligations [4][6]. - The total penalty includes the confiscation of illegal gains amounting to 469,519.5 yuan and a fine of 28.748 million yuan [2][4]. Responsible Individuals - Among the 15 individuals penalized, the former Deputy General Manager of the Operations Management Department, Xu Moubin, received a warning and a fine of 85,000 yuan, while the former Assistant General Manager of the Online Finance Department, Tong Mou, was fined 50,000 yuan [5][6]. Bank's Response and Financial Performance - Shanghai Bank has stated that it takes the penalties seriously and has implemented measures to rectify the issues, including improving its regulatory compliance and internal control systems [7]. - As of the end of Q1 2025, Shanghai Bank reported total assets of 3.271 trillion yuan, with total deposits of 1.763 trillion yuan and total loans of 1.424 trillion yuan [7]. - The bank achieved an operating income of 13.597 billion yuan, a year-on-year increase of 3.85%, and a net profit attributable to shareholders of 6.292 billion yuan, up 2.3% year-on-year [7]. - The non-performing loan ratio stood at 1.18%, unchanged from the previous period, while the provision coverage ratio increased by 1.43 percentage points to 271.24% [7]. Stock Performance - As of August 1, Shanghai Bank's stock price was 10.27 yuan per share, with a total market capitalization of 145.9 billion yuan [7]. - The stock has seen a year-to-date increase of 14.60% after reaching a historical high on May 19 [7].