Double the non-performing loan ratioPerformanceThe storm has not yet receded, and the regulatory fines have made Dalian Rural Commercial Bank the focus of the market. On March 12, the ticket issued by Dalian Banking Insurance Regulatory Bureau showed that Dalian Rural Commercial Bank was not strictly controlled due to the actual use of loans, and post-loan management was not in place, resulting in the actual use of some loans.contractThe use was inconsistent, and the loan funds were returned to the borrower and other issues were fined 500,000 yuan.
This is not the first time that Dalian Rural Commercial Bank has been punished this year. On February 21, Dalian Banking Insurance Regulatory Bureau issued five tickets in succession, four of which were issued to Dalian Rural Commercial Bank. The reason for the penalty was that “the actual use of loans was not strictly controlled, and the post-loan management was not in place, resulting in partial loan funds bypassing. In order to repay the loan interest of the bank and cover up the loan risk, the Dalian Bank of China Insurance Bureau imposed a fine of 500,000 yuan on the bank and warned the three responsible persons.
In fact, a recent disclosure of data also publicized the situation of the non-performing rate of Dalian Rural Commercial Bank in the first three quarters of 2018. According to the bank on March 11 in ChinacurrencyAccording to the "2019 Inter-bank Deposit Issuance Plan" disclosed by the website, as of the end of September 2018, the non-performing rate of the bank was as high as 9.95%, double the 4.95% at the end of 2017; the provision coverage ratio dropped rapidly from 103.86% at the end of 2017 to 56.02%, far below the 120%-150% regulatory red line required by the China Insurance Regulatory Commission.
In response to the rising non-performing rate, the decline in the provision coverage ratio and the future rectification measures, the Beijing Business Daily reporter contacted Dalian Rural Commercial Bank on March 12 and sent an interview outline, and contacted the bank several times on March 13, but The phone has never been answered.
(Article source: Beijing Business Daily)