On October 15, a financial news alert reported that the administrative penalty decision information disclosure form from the Weifang Branch of the People's Bank of China showed that Shandong Anqiu Rural Commercial Bank Co., Ltd. was fined 110,000 yuan for violating regulations on the collection, provision, querying, and related management of credit information.
The administrative penalty decision information disclosure form from the Weifang Branch of the People's Bank of China (Wei Yin Fa Jue Zi [2026] No. 4) listed the following details: serial number, name of the party involved, administrative penalty decision document number, type of illegal act, content of administrative penalty, name of the authority making the administrative penalty decision, date of the administrative penalty decision, publicity period, and remarks.
According to the disclosure, Shandong Anqiu Rural Commercial Bank Co., Ltd. was found to have violated regulations on the collection, provision, querying, and related management of credit information. The penalty was a fine of 110,000 yuan, imposed by the Weifang Branch of the People's Bank of China, with the decision dated September 29, 2026, and a publicity period of three years.
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