---
title: "CITIC BANK Co., Ltd. and related responsible personnel were administratively penalized for imprudent management of related loans, credit cards, and other business operations"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288917326.md"
description: "The National Financial Regulatory Administration announced that CITIC BANK was fined 11.4 million yuan for imprudent management of loan and credit card businesses. The responsible person Liu Xiaokai was warned and fined 50,000 yuan, and Bai Yanchao and three others were warned"
datetime: "2026-06-06T02:30:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288917326.md)
  - [en](https://longbridge.com/en/news/288917326.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288917326.md)
---

# CITIC BANK Co., Ltd. and related responsible personnel were administratively penalized for imprudent management of related loans, credit cards, and other business operations

According to Tongbi Finance, the administrative penalty information disclosure list released by the National Financial Regulatory Administration on June 5 shows that China CITIC Bank Corporation Limited and related responsible personnel were administratively penalized by the financial regulatory authority for imprudent management of related loans, credit cards, and other business operations.

Penalty details: A fine of 11.4 million yuan was imposed on China CITIC Bank Corporation Limited. Liu Xiaokai received a warning and a fine of 50,000 yuan, while Bai Yanchao, He Jian, Zhang Jie, and Liu Shuangyi received warnings.

Related listed company: China CITIC Bank (601998.SH)

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