The Chengdu branch of Shanghai Pudong Development Bank has been fined over a major loan fraud. Photo: Handout
Chinese bank fined over multibillion-dollar bad-debt cover-up
Shanghai Pudong Development Bank’s internal controls failed to flag a major fraud at it Chengdu branch, banking regulator says
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China economy
The Chengdu branch of Shanghai Pudong Development Bank has been fined over a major loan fraud. Photo: Handout