On March 16, Xinjiang regulatory bureau of China Banking and Insurance Regulatory Commission issued four fines against Bank Of Beijing Co.Ltd(601169) in a row. Urumqi branch of the bank was fined one million yuan. In addition, three responsible persons of the branch were fined at the same time.
According to the ticket information, Bank Of Beijing Co.Ltd(601169) Urumqi Branch issued credit loans to related parties in violation of regulations; The issuance of fixed asset loans fails to implement the actual loan and payment, which is a serious violation of the prudent operation rules. In this regard, the Xinjiang regulatory bureau of the CBRC confiscated 3412153 yuan of illegal income and fined one million yuan.
At the same time, the Xinjiang regulatory bureau of the China Banking and Insurance Regulatory Commission pointed out that when Liu Chao served as the general manager of the first Department of the financial market department of Bank Of Beijing Co.Ltd(601169) Urumqi branch and the leader of the preparatory group of the business department, he assumed direct management responsibility for the illegal acts of the branch’s fixed asset loans that did not implement the actual loan and actual payment, and fined him 70000 yuan.
When Tian Jia served as deputy general manager of personal loan management department of Bank Of Beijing Co.Ltd(601169) Urumqi branch, he was directly responsible for the illegal behavior of the branch in issuing credit loans to related parties, and fined 50000 yuan.
When Wang Yang served as president of Bank Of Beijing Co.Ltd(601169) Urumqi Renmin Road sub branch, he was directly responsible for the management of the sub branch’s post loan management, the use of personal operating loans not in accordance with the agreed purpose, and the serious violations of prudent operation rules, and was fined 60000 yuan.
Blue whale finance and economics noted that Bank Of Beijing Co.Ltd(601169) also announced the news of “changing the commander” on the day of the announcement of the ticket.
On the evening of March 16, Bank Of Beijing Co.Ltd(601169) released the announcement of the resolution of the board of directors, which showed that the Bank Of Beijing Co.Ltd(601169) board of directors unanimously passed the proposal to elect Huo Xuewen as chairman. Meanwhile, Bank Of Beijing Co.Ltd(601169) the board of directors agreed that Zhang Dongning would resign as chairman, director and chairman of the strategy committee of the board of directors. According to the announcement, in order to ensure the normal operation of the board of directors, Zhang Dongning will continue to perform relevant duties until Huo Xuewen’s qualification is approved by the regulatory authorities.
According to public information, Huo Xuewen was Secretary of the Bank Of Beijing Co.Ltd(601169) Party committee and served as secretary of the Party group and director of the Beijing Municipal Bureau of local financial supervision and Administration (Beijing Municipal Bureau of financial work) from November 2018 to February 2022; From February 2009 to November 2018, he served as party secretary, deputy director and director of Beijing Municipal Bureau of financial work. Before that, he served as a member of the Party group and deputy director of Beijing Municipal Development and Reform Commission, director (concurrently) of Beijing Municipal Finance Office, member and deputy director of the Party committee of Beijing SASAC.
