Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2026
Penalized about 7.6 million yuan by the central bank for multiple financial business violations
On June 18, 2026, the Jiangsu Provincial Branch of the People's Bank of China disclosed several penalty notices against Bank of Suzhou for multiple violations, with fines and confiscations totaling about RMB 7.6 million. This entry records regulatory penalties and does not interpret the amount as customer losses.
2026
Changzhou Branch Fined RMB 600,000 for Inadequate Pre-loan Investigation and Project Capital Verification
In April 2026, the Changzhou Branch of Bank of Suzhou was fined RMB 600,000 for inadequate pre-loan investigation and lax verification of project capital. This penalty is recorded separately from the head office's 2024 data-related fine.
2024
Taizhou Branch fined 800,000 yuan over loan three-check and bill business issues
In 2024, the Taizhou Branch of Bank of Suzhou was fined RMB 800,000 over credit and bill business issues including the three checks on loans. This is not the same event as the equal fine imposed on the Huai'an branch in 2019.
2024
Fined 600,000 yuan by Jiangsu regulators for data governance violations
In August 2024, Bank of Suzhou was fined 600,000 yuan by the Jiangsu Financial Regulatory Bureau for data governance violations.
2019
Huai'an Branch fined RMB 800,000 for accepting and discounting bills without genuine trade background and for imprudent lending
In December 2019, the Huai'an Branch of Bank of Suzhou was fined 800,000 yuan for accepting and discounting bills without a genuine trade background, imprudent lending, and failure to implement credit conditions.