China Bohai Bank controversies

Imprudent Loan, Bill, and Wealth Management Businesses Lead to 50.15 Million Yuan Fine by Financial Regulatory Administration

In August 2026, the National Financial Regulatory Administration announced penalties against China Bohai Bank for imprudent loan, bill, and wealth management businesses, imposing a fine of 50.15 million yuan on the bank, with related responsible persons also penalized. The fine on the bank itself and fines on wealth management subsidiaries are on different bases and are not conflated.

Nanjing branch's 2.8 billion yuan deposit pledge sparks authorization dispute

In 2021, companies related to Jimin Kexin reported that approximately 2.8 billion yuan in deposits at the Nanjing branch of China Bohai Bank had been used for third-party pledges, claiming they had not authorized this. The bank responded that the depositors were aware and received additional returns; the companies disputed this account, and the matter was reported to authorities and investigated. The bank and the enterprises each maintained their own accounts regarding knowledge and authorization, and relevant parties filed a police report. This item concerns a deposit pledge dispute involving a specific branch; criminal liability is not determined based on unilateral statements. In 2021, companies affiliated with Jimin Kexin claimed that approximately 2.8 billion yuan deposited at China Bohai Bank's Nanjing Branch was pledged for third parties without authorization. The bank responded that the depositors were aware and received additional returns; the companies disputed this account, and the matter was reported to authorities and investigated. This entry retains both sides' positions and does not determine criminal liability based on any single party's statement.

Five banks fined a total of 366 million yuan

Fine or penalty

China's banking regulator imposed administrative penalties on Huaxia Bank, Bohai Bank, Bank of China, China Merchants Bank and Bank of East Asia China, with fines totaling about 366 million yuan. The source does not specify the underlying violations.