Due to irregular loan management, Shunde Rural Commercial Bank received a fine of 5.45 million yuan!

Recently, according to administrative penalty information disclosed by the Guangdong Financial Regulatory Bureau, Shunde Rural Commercial Bank was fined 5.45 million yuan by the Foshan Financial Regulatory Branch for violations such as reckless loan management. The penalty not only targets the institution but also holds relevant responsible persons accountable. Among them, Chen Weiheng received a warning and a fine of 50,000 yuan; six responsible persons—Chen Caifeng, Chen Chenhua, Huang Jiajian, Lu Ganyong, Lin Shukun, and Guo Haiwen—were given warnings.

In fact, as early as March this year, the Yingde branch of Shunde Rural Commercial Bank was also fined. According to the public penalty information, Guangdong Shunde Rural Commercial Bank Yingde Branch was fined 300,000 yuan by the Qujing Regulatory Branch of the National Financial Supervision and Administration for inaccurate loan risk classification. The responsible person, Liang Jianqi, was warned.

Behind the issues of reckless loan management and inaccurate loan risk classification is the pressure on Shunde Rural Commercial Bank’s performance. Public financial data shows that in the first half of 2025, the bank achieved operating income of 3.622 billion yuan and net profit of 1.296 billion yuan, down 5.97% and 17.93% year-on-year, respectively, with both revenue and net profit declining. Meanwhile, the non-performing loan ratio has increased for four consecutive years, rising from 0.94% at the end of 2020 to 1.61% at the end of 2024.

In July 2025, after an 8-year attempt, Shunde Rural Commercial Bank and its sponsors withdrew their IPO application.

Text and images | Yangyang De Yi Studio