With the sword of supervision and huge fines, Longjiang bank was fined 12.6 million yuan for violation of regulations. What’s going on?
Recently, Heilongjiang banking and Insurance Regulatory Bureau boldly launched a centralized compliance inspection on Longjiang Bank Co., Ltd. and its branches. Longjiang bank and many of its branches were recruited one after another. The head office of Longjiang Bank alone had 19 violations and was fined 12.6 million yuan.