Bank of China fined 97.9 million yuan for inadequate management of governance, loans, interbank transactions, bills, asset quality, and bad asset disposal.

The China Banking Regulatory Commission has released a list of administrative penalties, including a fine of 97.9 million yuan for the Bank of China Limited. Chen Zi, Liu Lingli, Zhang Huijuan, He Chungeng, and Yu Ronggang were warned and fined a total of 300,000 yuan. The main illegal behavior includes improper management of corporate governance, loans, interbank transactions, bills, asset quality, and disposal of non-performing assets.