Bank of Qingdao controversies

Fined 203,300 yuan by the central bank for violating financial statistics rules

In July 2026, the Qingdao branch of the People's Bank of China publicly announced that Bank of Qingdao had violated financial statistics management regulations and imposed a fine of 203,300 yuan on the bank.

Penalty of RMB 1.161 million for six violations involving accounts, credit reporting, and customer due diligence

In February 2026, Bank of Qingdao was fined RMB 1.161 million by the central bank for six violations, including financial statistics, account management, anti-counterfeit currency, credit information, suspicious transaction reporting, and customer due diligence. This penalty is separate from the statistics-related fine issued in July.

Fined 500,000 yuan by financial regulators for improperly disposing of non-performing assets

In June 2026, the head office of Bank of Qingdao was fined 500,000 yuan for improperly disposing of non-performing assets, and the person then in charge of credit management was given a warning and fined 50,000 yuan.

Dongying branch fined 800,000 yuan for inadequate case prevention and concealing risk information

In January 2026, the Dongying branch of Bank of Qingdao was fined 800,000 yuan for inadequate case prevention management and for concealing case and case risk information. The entry clearly assigns responsibility to the branch.

Jinan Branch Fined RMB 650,000 for Inadequate Supervision of Bill Margins and Loan Use

In January 2026, the Jinan Branch of Bank of Qingdao was fined RMB 650,000 for failing to diligently manage acceptance bill margins and for failing to inspect and supervise the use of working capital loans.

Three Sub-branches Fined a Total of RMB 1.6 Million for Real Estate Credit Violations

In 2022, the Shibei, Laixi, and Gangkou sub-branches of Bank of Qingdao were fined RMB 400,000, RMB 400,000, and RMB 800,000 respectively for violating real estate credit policies, diverting loans into home purchases and wealth management products, and fraudulent mortgage transactions. This entry consolidates the sub-branch penalties listed in the same report.

Investors sue Qingdao Bank over China Railway-affiliated private funds

Lawsuit filed

Investors sued Qingdao Bank after alleging that certain China Railway-affiliated private-fund products they had signed for listed the bank as custodian and bore its official seal. The source also states that the products shown on the AMAC website had no custodian and that Qingdao Bank lacked fund-custodian qualifications. The report presents these claims as the basis of the dispute without detailing the litigation's outcome.