China Postal Savings Bank Co., Ltd. Mengzhou Branch was administratively penalized for the loss of its financial license due to poor management
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According to Tongbi Finance, the administrative penalty information disclosure form from the Jiaozuo Regulatory Branch of the National Financial Supervisory Administration, released on May 28, shows that the Mengzhou Branch of China Postal Savings Bank Co., Ltd. was administratively penalized by the Jiaozuo Financial Regulatory Branch due to poor management leading to the loss of its financial license. Penalty details: warning and a fine of 8,000 yuan. Related listed company: PSBC
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