The Jiangxi branch of the National Financial Regulatory Administration disclosed penalties against JIANGXI BANK's Nanchang Bayi Sub-branch for "inadequate loan management," imposing a fine of 300,000 yuan. Responsible personnel Meng Rui was banned from working in the banking sector for life, while Ma Jiandong received a warning, and Xiao Junwu was fined 60,000 yuan with a warning.
This is not the first regulatory penalty JIANGXI BANK has faced this year. As of December 18, 2025, the bank has accumulated 22 regulatory fines totaling 4.777 million yuan, involving its headquarters, multiple branches, and several executives and employees. Violations primarily relate to loan management, credit information misconduct, anti-money laundering, foreign exchange management, and financial fraud.
The largest penalty was issued on June 13 by the Ji'an branch of the National Financial Regulatory Administration. JIANGXI BANK's Ji'an Branch was fined 1.2 million yuan for three violations: improper handling of bank acceptance bills, mishandling of bill advances, and falsified expense records. Six responsible individuals were fined a combined 540,000 yuan with warnings.
On October 17, the bank was fined 1.06 million yuan by the Jiangxi branch of the People's Bank of China for "violating credit information collection, provision, and query regulations." Xu, former head of the Inclusive Finance Department at the bank's Ganjiang New District Branch, and Zhou, a former client manager, were each fined 10,000 yuan for their roles in the violations.
In April, the bank was fined 400,000 yuan by the Pingxiang regulatory branch for "improper disposal of non-performing loans through fraudulent transfers."
Originally established in 1997 as Nanchang City Commercial Bank, JIANGXI BANK was one of the earliest city commercial banks in Jiangxi Province. After completing its shareholding reform in 2015, it rebranded and expanded province-wide. In 2018, it became the first provincial-level city commercial bank in Jiangxi to list on the Hong Kong Stock Exchange, once regarded as a benchmark for regional financial reform.
Currently, the bank operates 22 primary branches, 27 functional departments, and 232 outlets across Jiangxi, with additional branches in Guangzhou and Suzhou. It also established Jiangxi's first financial leasing company and five rural banks.
In the first half of 2025, JIANGXI BANK reported revenue of 1.639 billion yuan, down 19.91% year-on-year, and net profit attributable to shareholders of 558 million yuan, a 10.53% decline. Its net interest margin has fallen for five consecutive years, reaching 1.40% by June 2025—below the industry average of 1.42%. Investment income dropped 65.88% to 461 million yuan due to market rate fluctuations and asset revaluation, prompting a shift from fund investments (down 37.79%) to bonds.
The bank's Hong Kong-listed shares have languished near HK$0.70, becoming a "penny stock." Since peaking above HK$3 in 2021, its stock has suffered significant losses over the past four years.
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