On December 26, the fines disclosed by the Ningbo Financial Supervisory Authority showed that Ningbo Yongcheng Rural Commercial Bank Co., Ltd. and those responsible received millions of yuan in fines. According to the fines, Ningbo Yongcheng Agricultural Commercial Bank was fined 3.95 million yuan for nine illegal acts, including unrectified problems, careless management of internal controls, careless management of employee behavior, careless bill business management, inaccurate credit asset risk classification, untrue accounting information and statistics, improper absorption of deposits by improper means, and irregular financial management and sales practices.

On December 26, the fines disclosed by the Ningbo Financial Supervisory Authority showed that Ningbo Yongcheng Rural Commercial Bank Co., Ltd. and those responsible received millions of yuan in fines. According to the fines, Ningbo Yongcheng Agricultural Commercial Bank was fined 3.95 million yuan for nine illegal acts, including unrectified problems, careless management of internal controls, careless management of employee behavior, careless bill business management, inaccurate credit asset risk classification, untrue accounting information and statistics, improper absorption of deposits by improper means, and irregular financial management and sales practices.