Huaxia Bank Jinan City Shibeibranch Fined 50,000 Yuan for Violating Account Management Regulations

On March 18, the People’s Bank of China Shandong Branch issued an administrative penalty decision (Lu Yin Penalty Decision [2026] No. 5), showing that Huaxia Bank Co., Ltd. Jinan Shibei Branch was fined 50,000 yuan for violating account management regulations.

Reporters have noted that recently, multiple branches of Huaxia Bank in Shandong have been publicly penalized for illegal violations.

On December 31, 2025, the Jining Regulatory Bureau of the China Banking and Insurance Regulatory Commission published an administrative penalty disclosure form indicating that Huaxia Bank Jining Branch was fined 400,000 yuan for inadequate loan management. Zhang Lei, then Deputy Branch Manager of Huaxia Bank Jining Branch, was held responsible for the illegal activities and received a warning.

On the same day, the Qingdao Regulatory Bureau of the China Banking and Insurance Regulatory Commission announced that Huaxia Bank Qingdao Branch was fined 300,000 yuan for poor post-loan management and for using discount funds as bank acceptance bill guarantees. Zhang Yichen, General Manager of Business Development Department Nine, and Hao Tongtong, Deputy Manager of the Customer Department, were both warned.

On September 5, 2025, the China Banking and Insurance Regulatory Commission disclosed that Huaxia Bank was fined 87.25 million yuan for negligent management of related loans, bills, interbank transactions, and non-compliance in regulatory data reporting. Additionally, responsible personnel were fined a total of 200,000 yuan.

Furthermore, on June 17, 2025, the People’s Bank of China Jinan Branch announced that Huaxia Bank Jinan Branch was warned and had illegal gains confiscated, totaling 259,300 yuan, along with a fine of 709,300 yuan, for six violations including: providing false statistical reports; exceeding deadlines or failing to report account opening and cancellation data to the People’s Bank; knowingly allowing accounts to be opened under personal names for unit funds; failing to verify the true trade background during bill acceptance; applying for payments exceeding actual disbursements in some treasury centralized payment applications; and failing to perform customer identity verification as required. The total penalty amounted to 968,700 yuan.

On February 12, 2025, Huaxia Bank released its 2025 performance brief, showing that the group achieved a total profit of 34.174 billion yuan, a decrease of 4.75% from the previous year; and a net profit attributable to shareholders of the listed company of 27.2 billion yuan, down 1.72% year-on-year.

Earlier, Huaxia Bank’s semi-annual report for 2025 revealed that in the first half of 2025, several key indicators declined year-on-year. Huaxia Bank’s revenue was 45.522 billion yuan, down 5.86% from 48.354 billion yuan in the same period last year; net profit attributable to shareholders was 11.47 billion yuan, down 7.95% from 12.46 billion yuan. Among nine A-share listed joint-stock banks, Huaxia Bank ranked second last in revenue growth and last in net profit growth year-on-year.