Zhengzhou Branch of Agricultural Bank of China Co., Ltd. was fined 400,000 yuan for inadequate management of the issue of local institutions paying commissions to real estate intermediary agencies
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According to Tongbi Finance, the administrative penalty information disclosure form from the Henan Regulatory Bureau of the National Financial Supervisory Administration, released on May 28, shows that the Zhengzhou Branch of Agricultural Bank of China Co., Ltd. was administratively penalized by the Henan Financial Regulatory Bureau for inadequate management regarding the payment of commissions to real estate intermediary agencies by its subordinate institutions. Penalty details: a fine of 400,000 yuan. Related listed company: Agricultural Bank of China
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