Wave of Bank President Resignations and Suicides As Anti-Corruption Policy Targets Banks

支行长“落马潮”背后原因：金融反腐风暴已刮入银行业

"This wave of trouble, why mostly branch president? You feel this financial corruption today? "

"'Corruption' word, used in the banking system, is appropriate?" For the 21st Century Business Herald reporter's question, a stock line length of a branch of the Yangtze River Delta region not answer. After hesitated a moment, and so asked.

Regardless of whether the person is willing to banking, financial sector anti-corruption storm has swept into the banking system.

Long Branch intensive "trouble"

Recently, Long Branch are dense "accident."

June 15, former Beijing Pinggu branch president Han Lifeng agricultural firms, real estate companies for repeatedly accepting bribes of more than 1,300 yuan, the Beijing Second Intermediate People's Court of First Instance was taking bribes and sentenced to 14 years. (Read: Beijing Rural Commercial Branch Pinggu former president Han Lifeng more than 13 million bribery trial )

June 13, west of the city of Shaoxing, Zhejiang branch of China Construction Bank governor Hui-Chun Chen, suspected of illegal fund-raising 300 million yuan by the police, "Control." CCB said it arrested on May 13 in front of his resignation has been submitted and approved. (Read: CCB beauty governor opened more than 20 bank cards to raise funds are flowing into the hands of one person )

June 11, a branch of the bank in Fuyang, Anhui Vice President falls dead, police identified the suicide but the cause is still under investigation. (Read: Anhui Huai Ying, vice president of agricultural firms falls dead branch of the Department initially determined to commit suicide )

Earlier, former ICBC Wenzhou Economic and Technological Development Zone Branch Long Yue, Lin Chunping Wenzhou businessmen who received benefits, to help Lin loans, "convenience", take the dry stock dividends 320,000 yuan. After Lin Chunping because "the acquisition of the U.S. Atlantic [ 1.32% funding research report ] bank "caught in a lie, unmasked, Wu was sentenced to 10 years and 6 months.

These are incomplete comb public information. Recently it was rumored, the ICBC branch in Wenzhou Yongjia Branch Vice President was taken in for questioning local procuratorate.

The vice governor Zhao was taken away in the eyes of colleagues, "genius." Who had worked with the bank and its customer-service manager, Zhao was 80, "just two years from the secondary sub-branch vice president, rising to level branch president." Zhao workers into line since the former Wenzhou City chief of a branch of the credit, Ou wuyan Branch (two sub-branches) deputy governor, governor and other duties, in 2012 promoted to Assistant President Yongjia County Branch, and changed to vice president in charge of the company's business.

"This is one of the youngest branch president be exposed." A local source told the 21st Century Business Herald said last month, Zhao Changxing, Huzhou meetings during the training, was taken away in Wenzhou city prosecutors. This may involve its ouhai wuyan branch of the responsible person during customer acceptance and alleged bribes, illegal fund-raising and so on. Currently still under investigation.

Branch Why "lost degree"

Why sacked long intensive branch of the banking system in a ring?

"Although I am now working, but almost every day flies frightened." Branch of a stock line a long sigh Wenzhou area, according to the bank's institutional setup, Branch carries almost all business, risk and other pressures, "the heavier responsibility, relative power will be great. "

Wenzhou, for example, since 2011, with the outbreak of the financial crisis in Wenzhou private lending crisis, with regulatory bodies and political and legal system to strengthen the non-performing assets and Stroke the default treatment efforts, a number of financial professionals involved in financial criminal case, has been revealed.

Local Judiciary incomplete data show that since 2011 the local financial crisis, Wenzhou, at least 50 illegal because bankers are processed. Which includes more than a dozen bank executives. In addition to involving illegal deposits from the public, but also involved in illegal loans, loan fraud, illegal business, job occupation, bribery and other charges.

A local financial regulators believe that "a lot of domestic banks or bureaucratic culture, fancy" cronyism, the only faction, the only gold. "

"Year after year pressure." An in situ method Organisation Bank Branch Long said the recent rise more than expected failure rate, bank lending hand smoke, charge credit and credit crunch, while loans total evaluation index was unchanged . This name Branch long been swapped positions this year, and so was demoted. His salary has been cut, the difference several times.

21st Century Business Herald reporter on the legal institutions in a number of banks in the survey in Zhejiang found that bank employees salaries polarization. Local branch of long or more, the annual salary of one million were relatively common; while Branch length or less, the current economic environment, not only the exhibition industry pressure, and sometimes normal rest periods can not be guaranteed. More than wage income line of business persons, less than 3,000 yuan monthly salary.

Along with appraisal pressure, some banks due to their own set of product innovation capacity is not enough, resulting in the appointment of staff emphasizes "social relations" beyond capacity.

"It's bureaucratic style of shares should be clear of." Zhejiang Province, a state-owned bank, a branch president of the 21st Century Business Herald reporter "Tucao." Because of weaknesses in the credibility of the brand, and Zhejiang Jiangmin camp developed economy led to the demand for loans is far better than deposits, small banks "sequestration" very difficult.

Solution, one is the head office will deposit some areas more loans to less credit line to deploy to deposit ratio appropriate regulatory requirements; hand it relies on the "loan-to-deposit pull" to hematopoiesis.

Long Branch level, especially in order to deposit for great customer service to the saddle before the horse. Thus the second to the distance between the president and large customers getting closer, sometimes in order to help the customer financing, "loss of the" straightforward. Once the economic downturn, some of the credit policy to play the "edge ball" project funding problems surfaced, these naked swimmers when the tide will be "gone."

"Ring storm" logic

CBRC website, June 8 to 9, the CBRC Chairman Shang Fulin visit Shaoxing, Zhejiang Branch Banking. With Shang Fulin's visit, Zhejiang banking system has left a group of invisible pressure.

"In fact, Shang Fulin to Zhejiang, also for the bank's risk evaluation and other areas to do a study." Zhejiang Financial regulators, a staff member said he received a number of related instructions from their superiors.

Shaoxing Branch Banking mass line is the point of contact practice Shang Fulin second batch of the party's education, but also the central point of contact for the 12th Circuit steering group.

Bankers in the region over Zhejiang told 21st Century Business Herald reporter recently, once again received a grant of anti-party organizations, "four winds" notification. For example, since the Spring Festival this year, prohibiting party cadres organized and participated in "Liquor Board," "Board" problem activities; canteen eating and drinking inside the unit also conduct supervision and inspection and other issues.

A state-level branch of Bank deputy governor, said the organization's monitoring system in the region, "the prevention and control anti Four Winds" and other activities carried out several times, "risk control is a top priority."


A city branch president open systems firm, found that two months, on such "rectification activities" information no less than 18, from party members at the beginning of the popularity of the general staff level to the full line.

"The intensity is I have not seen previously." Legal person of a local bank sigh. In fact, it shares the storm, scratch the top and bottom circular convection duct system of the internal problems of the banking system so that the layers peel.

There are public opinion research institutions through the Agricultural Bank of China [ -0.40% funding research report ] observed Vice President Yang Kun, Yantai Bank Chairman Zhuang Yonghui, Postal Savings Bank President Tao Liming and other executives sacked events, analyze bank executives sacked series of cases context of public opinion that bank executives sacked several cases show the hidden crisis in the banking system and risk management.

June 8 this year, the Central Commission for Discipline Inspection Supervision website news shows, the disciplinary committee of the National Development Bank CDB 周清玉 at an enlarged meeting of the Discipline Inspection Commission stressed the need to carry out investigation and employee behavior, concentration and control organ style, to prevent corruption in the field of credit penetration, and control credit the risk of funds and personnel.