According to the introduction of CBRC, according to the regulatory requirements, through supervision and inspection and internal verification, it was found that Chengdu Branch of Shanghai Pudong Development Bank covered up non-performing loans and illegally handled credit, interbank, wealth management, letter of credit and factoring business by fabricating false purposes, splitting credit and ultra vires approval. , and granted a credit of 77.5 billion yuan to 1493 shell enterprises in exchange for the contribution of relevant enterprises to the non-performing loans of Chengdu Branch of Shanghai Pudong Development Bank.
The announcement shows that the Sichuan Banking Regulatory Bureau imposed a fine of 462 million yuan on Shanghai Pudong Development Bank Chengdu Branch according to law; The former president, two vice presidents, 1 department head and 1 branch president of Chengdu Branch of Shanghai Pudong Development Bank were respectively banned from banking business for life, disqualified from senior management, warned and fined. The former president of Chengdu Branch was dismissed, two former vice presidents were demoted and severely punished, and the middle-level and below responsible personnel of Branch 195 were held accountable internally.
"This is an organized fraud case led by Shanghai Pudong Development Bank Chengdu Branch. The amount involved is huge, the means are hidden, the nature is bad, and the lessons are profound. " The relevant person in charge of the China Banking Regulatory Commission said that this case exposed many problems of Shanghai Pudong Development Bank Chengdu Branch, including serious internal control failure, one-sided pursuit of ultra-high-speed business scale development, and weak awareness of compliance. It also reflects the abnormal situation that the head office of Shanghai Pudong Development Bank ignores the zero long-term non-performing loans of branches, the imperfect assessment and incentive mechanism, the ineffective implementation of the rotation system, and insufficient attention to the risks prompted by the regulatory authorities.