---
title: "Hua Xia Bank Co., Ltd. Ningbo Branch and related responsible persons were administratively punished due to inadequate management of credit business, imprudent management of trade financing, inadequate management of employee behavior, and inadequate management of agency sales business"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/287412971.md"
description: "Hua Xia Bank Co., Ltd. Ningbo Branch was fined 1.3 million yuan by the Ningbo Regulatory Bureau of the National Financial Supervision and Administration for issues such as inadequate management of credit business and imprudent management of trade financing. The responsible persons, Chen Rang and Yu Luo, received warnings"
datetime: "2026-05-23T00:56:33.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/287412971.md)
  - [en](https://longbridge.com/en/news/287412971.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/287412971.md)
---

# Hua Xia Bank Co., Ltd. Ningbo Branch and related responsible persons were administratively punished due to inadequate management of credit business, imprudent management of trade financing, inadequate management of employee behavior, and inadequate management of agency sales business

According to Tongbi Finance, the administrative penalty information disclosure form from the Ningbo Regulatory Bureau of the National Financial Supervisory Administration, released on May 22, shows that Hua Xia Bank Co., Ltd. Ningbo Branch and related responsible persons were administratively penalized by the Ningbo Regulatory Bureau of the National Financial Supervisory Administration due to inadequate management of credit business, imprudent management of trade financing, inadequate management of employee behavior, and inadequate management of agency business.

Penalty details: A fine of 1.3 million yuan was imposed on Hua Xia Bank Co., Ltd. Ningbo Branch. Warnings were issued to Chen Rang and Yu Luo.

Related listed company: Hua Xia Bank (600015.SH)

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