Agricultural Bank of China Xilingol Branch Fined 989,000 Yuan for Providing False Statistical Reports and Other Violations

Deep News10-27 16:31

The People's Bank of China Xilingol League Branch published an administrative penalty decision information disclosure form, according to a financial news report on October 27.

Agricultural Bank of China Limited (ASX: 601288) Xilingol Branch was issued a warning and fined 989,000 yuan by the People's Bank of China Xilingol League Branch for providing false statistical reports, failing to conduct customer due diligence as required, failing to sort out damaged or defaced renminbi as required, failing to confiscate counterfeit currency as required, and failing to surrender counterfeit currency to a People's Bank of China branch as required.

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