7 banks in Shenzhen fined for a loan violation

Shenzhen Banking Regulatory Bureau in March before the end of the jurisdiction of banks to self-examination loan funds flow to the reporter learned that due to the illegal inflow of funds into the stock market, Shenzhen, 7 banks, 21 branches of the Shenzhen Banking Regulatory Bureau was ordered rectification and was punished.　　At the same time, the Shenzhen Banking Regulatory Bureau requested Shenzhen banks in the end of March to the end of 2009, the balance of the loan capital flow to carry out a self-examination. It is understood that the Shenzhen Banking Regulatory Bureau issued a document at the beginning of the year, reported that Shenzhen has 7 banks of 21 branches of personal consumption loans to different degrees into the stock market.　　To this end, the Shenzhen Banking Regulatory Bureau ordered the relevant banks to carry out serious rectification and immediate recovery of loans, the serious circumstances of the branch to give the suspension of personal consumption loan business 6 months, the relevant responsible person demoted, record larger and so on processing opinions.　　It is reported that the next step of the regulatory authorities will be the Shenzhen banking sector loans to conduct a comprehensive inspection, to require the Shenzhen banking industry in the end of 2009 before March 31 to the balance of the funds flow to carry out a review, and on the basis of self-examination on a random check. Since the second half of last year, signs of lending to the stock market have been brought to the attention of regulators.　　In the 4th quarter of last year, the Shenzhen Banking Regulatory Bureau carried out unannounced investigations and checks on the personal consumption loan business of some branches of the bank, and conducted random checks on the flow of credit funds of 9 banks. The inspection of 930 a total of 1.629 billion yuan loans, 21 a total of 13.4 million yuan credit funds directly or indirectly into the stock market, respectively, accounted for by the number of the search for 2.26% and the amount of 0.82%.　　Involved in the illegal bank has 7, respectively, BOC Shenzhen branch, CCB Shenzhen Branch, China Merchants Bank Shenzhen branch, Shenzhen Branch deep Development, wide distribution Shenzhen branch, Pudong Development Bank Shenzhen Branch and Shenzhen rural commercial banks. The inspection found that the 7 banks of the 21 branches of the various levels of personal consumption of credit funds into the stock market and other issues.　　There are a variety of loans in the market, some loans directly into the borrower's securities investment account, and some loans are put into the securities Investment Account after the deposit, and some loans from the borrower's relatives, friends of the accounts after crossing into the securities Investment Account, and eventually into the borrower's own securities investment account.　　The supervision department thinks, although the loan flows to the stock market have the objective reason which the bank monitoring means is limited, but mainly is the bank to the personal consumption loan authenticity audit, the fund use and after the loan management general attention insufficiently subjective reason causes. Shenzhen Banking Regulatory Bureau has ordered the illegal banks to carry out serious rectification and immediate recovery of loans, and the loan funds directly or indirectly transferred to the Bank's third party depository account, the loan funds transferred to his bank of the third party, such as the Third-party depository accounts, and other 5 kinds of irregularities give different treatment opinions.