Huishang Bank Corporation Limited controversies

Bozhou Branch Fined 300,000 Yuan for Irregular Lending, Employees Disciplined

In April 2026, the Bozhou Branch of Huishang Bank was fined 300,000 yuan for irregular lending; two people received warnings and one responsible person was banned from the industry for five years.

Nanjing Operations Fined 2.6 Million Yuan over Credit Card Installment, Fee, and Rectification Issues

In March 2026, regulators fined the Nanjing Branch of Huishang Bank and its Hexi, Pukou, and Changjiang Road sub-branches a total of 2.6 million yuan for imprudent credit card automobile installment business, fees not matching the quality and price of services, and inadequate rectification.

Ningbo Branch Fined 2.6 Million Yuan over Seven Issues Including Loan Use and Employee Management

In June 2024, the Ningbo Branch of Huishang Bank was fined a total of 2.6 million yuan over seven issues, including credit funds flowing into restricted areas, inadequate three-check due diligence on loans, changes to sub-branch information and data, and employee governance.

Fined 4.3133 Million Yuan for AML Customer Identification and Abnormal Transaction Analysis Violations

In 2023, the central bank fined Huishang Bank 4.3133 million yuan for six violations, including customer identity identification, high-risk due diligence, abnormal transaction analysis, and serving customers with unidentified identities.

Ma'anshan Branch Fined 400,000 Yuan for Irregular Seal Management

In June 2021, the Ma'anshan Branch of Huishang Bank was fined 400,000 yuan for irregular management and use of seals; two former sub-branch presidents were banned from the industry for life for illegally issuing financial instruments.

Creditor applies for Unigroup bankruptcy reorganization

Lawsuit filed

On July 9, Huishang Bank applied to the Beijing First Intermediate People's Court for bankruptcy reorganization of Tsinghua Unigroup, citing its inability to pay debts as they fell due and its reorganization value and feasibility. The application is not reported as a court decision.