Bank of Xi'an board approves key resolutions, discloses executive pay

Bank of Xi'an announced its Sixth Board of Directors held its 33rd meeting on December 22, 2025, approving nine resolutions. Key approvals included the write-off of non-performing loans, revisions to several management measures including those for "Expected Credit Loss Implementation," "Financial Statistics," "Anti-Money Laundering Work System," "Risk Appetite Management Regulations," "Financial Asset Risk Classification," and "Large-Exposure Risk Management." Additionally, the board approved a resolution on the clawback of performance-based remuneration and the pledge of shares held by Xi'an Qujiang Cultural Industry Risk Investment Co., Ltd. in Bank of Xi'an.

Further disclosures on executive compensation for 2024 revealed delayed payments and other benefits. Chairman Liang Banghai received a pre-tax deferred payment of yuan 83.20 and yuan 26.13 for social insurance, enterprise annuity, supplementary medical insurance, and housing provident fund contributions. Vice chairman and president Zhang Chengmao received yuan 69.28 in deferred payment and yuan 26.12 in contributions. These deferred payments are scheduled for disbursement from 2025 to 2027, depending on business risk exposure.

Former vice president Guan Hui and former assistant president Wang Xing resigned on May 15, 2025. The resolution for the clawback of performance-based remuneration passed with 8 votes in favor, following abstentions from Liang Banghai and Zhang Chengmao.