Bank of East Asia (China) Co LTD has been fined 16.74 million yuan by the Shanghai branch of the People's Bank of China (PBOC) for violating regulations on the collection, provision, inquiry and management of credit information, according to a fine posted on the pboc's website on Jan 10.

The Shanghai branch of bank of Beijing was fined 2.55 million yuan by the People's Bank of China for violating credit information collection, provision, inquiry and related management regulations.

At the same time, the People's Bank of China Shanghai branch of bank of Beijing Shanghai branch issued the ticket also showed that as the then Qin Zhou wave of zhangjiang sub-branch, bank of Beijing, the Beijing facility in violation of credit information collection, provide the bank Shanghai branch, query and the relevant provisions on the administration of responsible behavior, the People's Bank of China Shanghai branch of the fines of up to 100000 yuan. (article | author weekly financial world Tang Guo)