Bank of Nanjing Co., Ltd. controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
Back to profile6 entries
2024
Huai'an Branch Fined and Confiscated for Inflating Deposits and Loans and Violations in Post-Loan Management
In June 2024, the Huai'an Branch of Bank of Nanjing was confiscated of illegal gains and fined 2.65 million yuan for lax review of bill backgrounds, loans not used for agreed purposes, and inflating the scale of deposits and loans.
2023
2022
Analyst Penalized by Police for Spreading False Information About Bank of Nanjing
In July 2022, Fu, an analyst at Western Securities, spread false information related to Bank of Nanjing. Bank of Nanjing clarified the matter and reported it to the police, and the police imposed a public security penalty. The bank's entry records the reputational controversy and its refutation, while the Western Securities entry is linked to the employee's conduct.
2020
Fined 7.36 Million Yuan for Violations in Accounts, Anti-Money Laundering, and Fund Management
At the end of 2020, the Nanjing Branch of the People's Bank of China issued a warning, fined Bank of Nanjing 7.36 million yuan, and confiscated illegal gains for violations in account management, anti-money laundering, and fund management. The mention of money laundering in media headlines is not directly treated as a criminal conviction.
2020
2019