The central bank imposed a penalty of 68 million yuan on the Bank of Communications, including 11 types of illegal activities.

According to the administrative penalty announcement of the People's Bank of China, Bank of Communications Co., Ltd. was issued a warning, had 239,800 yuan of illegal gains confiscated, and was fined 67,834,300 yuan. Types of illegal behavior include: 1. Violating account management regulations; 2. Violating settlement management regulations; 3. Violating regulations on real-name management of special merchant; 4. Violating regulations on anti-counterfeit currency business management; 5. Occupying and pressuring fiscal deposits or funds; 6. Violating regulations on treasury subject setting and usage; 7. Violating regulations on credit information collection, provision, inquiry, and related management; 8. Failing to fulfill the obligation of customer identification in accordance with regulations; 9. Failing to retain customer identity information and transaction records in accordance with regulations; 10. Failing to report large-value transaction reports or suspicious transaction reports as required by regulations; 11. Conducting transactions with unidentified customers or opening anonymous accounts or fake-name accounts for customers. The date of the administrative penalty decision is December 10, 2025.