The zhongqing supervisory authority of the general directorate of state for financial supervision recently disclosed that the zhongqing three gorges bank had made loans in violation of the law and that it had increasedInclusive financeEight violations, including service data, were fined $8. 9 million. Of even greater concern is the lifetime ban on zing's former chairman, who has been away for many years, and the simultaneous prosecution of seven others responsible。
This was the second large ticket received during the year. In july, the people's bank of china, a branch of zhongqing city, issued a fine of $5. 592 million. To date, the cumulative fines incurred during the year exceeded $14 million。
The ipo route of the chongqing three gorges bank began in 2016 and has been in existence for nine years. While the ipo is blocked, the bank faces continuing capital pressure。
The “data of the unfinished inclusive financial services” draws attention to lifelong accountability for the historical problems of duty-bearers
This ticket covers the core elements of internal controls, loan issuance, data authenticity and risk classification. In particular, the chongqing three gorge bank has been penalized for eight major problems, such as “lack of internal controls and inadequate management of employees' conduct”, “violating the issuance of loans and `triox' serious failure to perform due diligence”, “inaccurate classification of financial asset risk and inadequate provision”. These actions are not only directly related to the quality of bank assets, but are more likely to have a potential impact on key performance indicators, such as bad rates, provision coverage, etc。
Among the various sanctions cases, the non-compliance with the “false enhancement of data on inclusive financial services” was particularly prominent. The analysis of people in the industry, which may result from short-term behaviour under evaluation pressures, reflects the dilemma of some small and medium-sized banks between policy appraisal and real operations. In recent years, there has been a significant increase in regulatory requirements for the authenticity of inclusive financial data, and the penalties imposed on chongqing gorge bank have undoubtedly served as a wake-up call for business associates。
The retroactivity of the regulator towards those responsible is also of concern. The former chairman of the board of directors, ding shibhu, was sentenced to life imprisonment for, inter alia, “the severe lack of due diligence” on the loan; the former deputy general manager of the finance department of the plan, liu jinh, was similarly banned for life; and the former vice-president, wang liangping and ling, respectively, were disqualified from serving for 10 and 5 years。
Most of those responsible have retired or have left their posts, and the records of this group were “dualized” in 2022 for serious disciplinary offences. The serious treatment of historical issues by regulation reflects both a “zero tolerance” attitude towards banking compliance and the pros and cons of past governance。
“this penetrating approach to accountability highlights the emergence of long-lasting accountability mechanisms for bank compliance management at the regulatory level.” a senior banking analyst has indicated to journalists。
It is worth mentioning that for the second time in the year, the chongqing three gorge bank received a large ticket. In july, the chinese people's bank of zhongqing municipal branch imposed a fine of $5. 592,000 on the bank on money-laundering and account management。
Ipo's road lasted nine years
Chongqing three gorges bank, formerly known as the manzhou city commercial bank, was founded in 1998 and renamed the manzhou commercial bank in 1999. In 2007, the chongqing municipality was explicitly led by chongqing international trust to restructure the bank, and in february 2008, with the approval of the former silver board, the banco commercial bank of huanzhou was officially renamed chongqing three gorge bank。
The ipo road of the bank began in 2016 and has been in existence for nine years. During this period, the bank experienced a number of challenges, including changes in counselling institutions, updating of financial data and reform of the registration system, but has not been able to achieve a listing breakthrough。
The listing of the chongqing three gorge bank is behind schedule compared to regional competitors. Chongqing bank successfully landed in the h stock as early as 2013, and the mau chong chong bank became the country's first a+h farm bank and the first a+h bank in the west。
In march 2023, the chongqing three gorges bank introduced chongqing city construction investment (group) ltd., chongqing highway group ltd., chongqing development investment ltd., and chongqing city property group ltd., four chongqing city state-owned enterprises, as strategic investors. Following the completion of the investment, the ownership of the chongqing three gorge bank was further strengthened and its equity structure optimized。
In june 2025, the bank successfully issued 3. 5 billion yuan in sustainable debt, at a nominal rate of 2. 69 per cent, in an attempt to alleviate the continuing strain on capital adequacy。
Chongqing three gorges bank stated that, on the day of bookkeeping, 3. 5 billion yuan of permanent debt had been successfully renewed in one-off cases, with a total subscription of 9. 2 billion yuan, a double of 2. 63 times, and that 94 per cent of the $3. 5 billion raised came from investment agencies outside chongqing。
At the operational level, by the end of september 2025, the total assets of the chongqing three gorges bank amounted to $365,345 million, an increase of 8. 72 per cent compared to the beginning of the year; in the first three quarters of 2025, it achieved a net profit of $4,441 million and a net profit of $999 million。
It is a matter of concern that the capital position of chongqing three gorges bank continues to be under pressure and that risk resilience is being tested. By the end of the previous three quarters, the chongqing three gorge bank had a capital adequacy rate of 11. 45 per cent, level i capital adequacy rate of 10. 43 per cent and core i capital adequacy rate of 8. 46 per cent。
Journalists noticed that according to the stateFinancial regulationAccording to the data disclosed by the general directorate, by the end of the third quarter of 2025, commercial banks nationwide had an average capital adequacy rate of 15. 36 per cent, level i capital adequacy rate of 12. 36 per cent and core level capital adequacy rate of 10. 87 per cent. Thus, the chongqing three gorges bank (chongqing bank) has all three key indicators below the national average。
“currently, a single source of capital supplementation, historical arrears in compliance governance and narrow interest-rate constraints on profitability are common dilemmas faced by many regional banks.” the above-mentioned analysts have stated to journalists that for small and medium-sized banks, the only way out of the path of scale expansion is to gain a chance to divide the industry。
