1.6万亿资产农商行，被罚！

Core Viewpoint - Chongqing Rural Commercial Bank was fined 8.7 million yuan due to multiple business violations, with two responsible individuals banned for life from the banking industry, including former vice president Shu Jing who was already dismissed last year [2][4][8]. Summary by Sections Administrative Penalty - The Chongqing Rural Commercial Bank and its branches were penalized for various illegal activities, including inadequate diligence in the "three checks" for loans, insufficient investigation and accountability for large risk losses, errors in non-on-site statistical data, failure to verify the source of guarantees, and rolling invoices [4][5]. Major Violations - Specific violations included: - Inadequate diligence in the "three checks" for loans - Insufficient investigation and accountability for large risk losses - Errors in non-on-site statistical data - Failure to verify the source of guarantees - Rolling invoices [4][5][7]. Responsible Individuals - The penalties included lifetime bans for Shu Jing (former vice president) and Feng Hongwei (former chief loan officer) from engaging in banking work due to their responsibility for the violations related to the "three checks" [7]. - Additional individuals received warnings or fines of 50,000 yuan, including managers from various departments and branches [7]. Background on Shu Jing - Shu Jing was previously dismissed from her position in March 2024 and was under investigation for serious misconduct, including accepting gifts and bribes, failing to perform her duties properly, and misusing financial resources for personal gain [9]. Bank Overview - Chongqing Rural Commercial Bank, established in 1951 and officially formed in 2008, became the first rural commercial bank listed in Hong Kong and later in Shanghai, achieving "A+H" share status [10]. - As of Q3 2025, the bank reported total assets of 1.66 trillion yuan, a 9.3% increase from the beginning of the year, with total loans amounting to 777.973 billion yuan, an 8.92% increase [10]. - The bank's revenue for the first three quarters was 21.658 billion yuan, a year-on-year increase of 0.67%, and net profit attributable to shareholders was 10.694 billion yuan, up 3.74% year-on-year [10].