GREAT WALL WEST CHINA BANK CO.,LTD.(zhang cheng hua xi yin hang gu fen you xian gong si )

Great Wall West China Bank Co., Ltd

Great Wall West China Bank Co., Ltd. was registered in Deyang Administration for Industry and Commerce on October 20, 1998. The business scope of the company includes absorbing public deposits, issuing short-term, medium-term and long-term loans, and handling domestic settlement, etc.

Honors

In November 2020, it was rated as the national advanced collective of internal audit from 2017 to 2019 by China Internal Audit Association.

Violation of laws and regulations

In January 2021, the China Banking and Insurance Regulatory Commission (CIRC) imposed a fine of 46.9 million yuan in accordance with the law for the Great Wall company's illegal acts of providing external guarantee, falsely increasing book profits and assessment profits, and exceeding performance awards; and imposed a fine of 1.5 million yuan in accordance with the law for its subsidiary Great Wall Xinsheng trust's illegal establishment of subsidiaries and serious imprudence in collateral evaluation; and imposed a fine of 1.5 million yuan in accordance with the law Another subsidiary, Great Wall West China bank, illegally accepted the bank's equity as collateral to provide financing to shareholders, and was fined 500000 yuan in accordance with the law; meanwhile, nine responsible persons were given a warning and an administrative penalty of 50000 yuan, and one responsible person was given a warning. This administrative punishment is mainly based on the violations of laws and regulations found in the early stage of our on-site inspection of the effectiveness of risk management and internal control of Great Wall company. The relevant facts involved in the case of serious violations of discipline and law in Sangzi country shall be dealt with separately by the competent authorities.

Chinese PinYin : Zhang Cheng Hua Xi Yin Hang Gu Fen You Xian Gong Si