Since April, at least five rural financial institutions have been investigated, and Anhui has three
Since April this year, rural financial institutions have shown an increasing tendency to fight corruption.
According to incomplete statistics from Peng Mei News, six senior executives of rural financial institutions have been investigated since April this year, five of whom are the leaders of their institutions. Specifically, they are Qiu Shuyuan (former party secretary and chairman of Guanghan Rural Commercial Bank) and former Anhui Huaiyuan Rural Commercial Bank (hereinafter referred to as Huaiyuan Rural Commercial Bank). ) Former Party Secretary and Chairman Gu Ping, Heilongjiang Jixi Rural Commercial Bank (hereinafter referred to as Jixi Rural Commercial Bank) former vice president Chen Wei, Bengbu Rural Commercial Bank (hereinafter referred to as Bengbu Rural Commercial Bank) former party secretary and chairman Zhang Shaoxin, Shaoshan Hunan Former Party Secretary and Chairman Liu Xinglong of the Rural Commercial Bank (hereinafter referred to as Shaoshan Rural Commercial Bank), Chen Peng, former Party Secretary and Chairman of the Anhui Provincial Rural Credit Cooperative Union. It is worth noting that 3 of these 6 people are from the Anhui Rural Credit System. The surveyed executives generally work for a long time in the Rural Credit System. The banks where they work receive many fines from the regulatory authorities and the non-performing loan rate is high. .
Some of the inspected executives have received personal fines
Surging News found that the investigated senior executives had more fines from agricultural and commercial banks. Among them, Qiu Shuyuan, former deputy secretary of the Party Committee of Guanghan Agricultural and Commercial Bank, received a personal fine issued by Deyang Banking and Insurance Regulatory Bureau on October 29, 2018, but the fine The disclosed violations occurred during Qiu Shuyuan’s tenure as chairman of the Zhongjiang County Rural Credit Cooperatives Association. Qiu Shuyuan was warned, fined 300,000 yuan, and canceled the three-year senior management qualifications of banking financial institutions. On May 24, 2019, Guanghan Rural Commercial Bank also received two fines for serious violations of prudential business rules, one of which was a personal ticket for employees.
Huaiyuan Rural Commercial Bank, where Gu Ping is located, received 9 fines from Bengbu Banking Regulatory Branch; Bengbu Rural Commercial Bank received 7 fines from Bengbu Banking Regulatory Branch; Shaoshan Rural Commercial Bank received 4 fines from Xiangtan Supervision Bureau. It is worth mentioning that when Shaoshan Rural Commercial Bank issued four fines, its legal representative was Liu Xinglong. The fines indicated that the bank’s main violation was that the group’s customers were not included in the unified credit and the single group’s credit concentration was overproportioned. The parties to the three fines were Zheng Zhengmao, vice president of Shaoshan Rural Commercial Bank, Ma Li, general manager of business management department, and Zhang Mingqiang, general manager of risk management department, all of whom took direct management responsibility.
The non-performing loan rate of Bengbu Rural Commercial Bank once reached more than 30%
These agricultural and commercial banks have no publicly disclosed performance reports, and can only find data on financial conditions in the information announcements of the provincial association and the bank.
As can be seen from the news bulletin on the official website of Bengbu Rural Commercial Bank, as of September 2018, the NPL ratio of Bengbu Rural Commercial Bank was between 30% and 35%; as of April 2019, the NPL ratio of Bengbu Rural Commercial Bank was between 10 %-15%. It can be seen that the NPL ratio of the bank was once high.
As can be seen from the website of Sichuan Rural Credit Cooperative Union, as of January 29, 2016, the non-performing loan of Guanghan Rural Commercial Bank was 39.11 million yuan, with a non-performing rate of 4.92%.
On September 18, 2018, Anhui Banking Regulatory Bureau refused to approve Huaiyuan Rural Commercial Bank's investment in Bengbu Rural Commercial Bank. The reason for the disapproval was that the provision coverage ratio of Huaiyuan Rural Commercial Bank was lower than the regulatory requirements. At that time, the minimum regulatory requirement for provision coverage was 120%.
"Lok horse" executives work long hours in the rural credit system, two of them are the first chairman of the rural commercial bank
Surging News found in the compilation of information that the six “lok” executives since April all have long working hours in the rural credit system. Among them, Qiu Shuyuan, former deputy secretary of the Party Committee of Guanghan Rural Commercial Bank, Chen Wei, former deputy governor of Jixi Rural Commercial Bank, and Liu Xinglong, former party secretary and chairman of Shaoshan Rural Commercial Bank of Hunan Province, have all been in the rural credit system since they joined the work.
Zhao Shaoxin, former party secretary and chairman of Bengbu Rural Commercial Bank, and Gu Ping, former party secretary and chairman of Huaiyuan Agricultural Commercial Bank, were the first chairman of the two banks after they officially opened.
Chen Peng, former party secretary and chairman of Anhui Rural Credit Cooperative Union, was born in 1959 and worked in the rural credit system for 11 years. From January 2008 to February 2019, he successively served as the director, deputy chairman, deputy secretary of the party committee, party committee secretary, director, and chairman of the Anhui Rural Credit Cooperative Union; from February 2019 to the present, he has served as the standing committee of the Anhui Provincial CPPCC, agriculture and rural areas. Director of the committee.
Anhui Rural Credit System accounts for half
Among the 6 senior executives surveyed, 3 are from the Anhui Rural Credit System, namely Gu Ping, former party secretary and chairman of Huaiyuan Rural Commercial Bank, Gu Shao, former party secretary and chairman of Bengbu Rural Commercial Bank, and Zhang Shaoxin, Anhui Rural Credit Cooperative. Chen Peng, former party secretary and chairman of the United Press.
It is worth mentioning that on December 20, 2019, the Anhui Banking and Insurance Regulatory Bureau released 8 pieces of administrative penalty information on the Anhui Rural Credit Cooperative Union. The ticket shows that the legal representative of the Anhui Rural Credit Cooperative Union is Chen. Peng, the date of making the penalty decision is August 16, 2019.
Among them, the fines issued by the Anhui Rural Credit Cooperative Union showed that there were 11 main illegal facts: disguised and excessive use of the liquidation funds of the member institutions; embezzlement of the member institutions’ bonds to carry out the pledged positive repurchase business; violation of the regulations and acceptance of the minimum regulatory rating requirements Of the member institutions entrusted to invest in bond business; accept the entrustment of member institutions that do not have investment qualifications and insufficient funds to invest in Huaxia Life Universal Insurance Products; the inter-bank financing of a single financial institution exceeds the regulatory requirements; illegal holding of bonds to assist a certain Agricultural and commercial banks evade regulatory requirements; help a certain agricultural and commercial bank to make investment bonds in the form of "delay deposit + buyout reverse repurchase"; embezzle capital business proceeds to purchase and build fixed assets, and the purchase and construction of fixed assets is a large-scale project expenditure It has not been reviewed by the members' meeting; it violates the "fund owner's enjoyment" and marketization principles, encroaches on the interests of member organizations, and the comprehensive income paid to member organizations is lower than the average market interest rate of the same grade; poor customer information protection; poor quality of business data and regulatory data ; Two or three lines of defense for information technology risks are not in place; Information security incidents and loopholes have not been reported. The administrative penalty decision made by Anhui Banking Insurance Regulatory Bureau against Anhui Rural Credit Cooperatives is a fine of 5 million yuan.
Surging news trainee reporter Chen Peizhen