Summary The company's shares were down 0.20 percent at midday in Shanghai.
SHANGHAI (AFP) - A director of medium-sized Chinese lender the Bank of Beijing is under investigation by authorities, the firm said, the second senior banker implicated in corruption in under a week.
Lu Haijun was being probed for alleged "serious disciplinary violations", the Shanghai-listed bank said late Monday in an exchange filing.
It gave no further details, but in China the term typically refers to corruption. Lu was one of the bank s 10 directors according to its latest available earnings report, for the first half of 2014.
"The bank s operations and management are normal and the matter has no impact on the bank," the statement said.
The company s shares were down 0.20 percent at midday in Shanghai.
Lu was also former chairman of a major bank shareholder, Beijing Energy Investment Holding, according to the statement.
The announcement follows media reports that Mao Xiaofeng, president of China s largest privately owned lender Minsheng Bank, had been taken away for questioning in a corruption investigation.
Minsheng said Saturday that its operations were normal and Mao had resigned for "personal reasons".
Chinese President Xi Jinping has touted a crackdown on graft since assuming the Communist party s top post in 2012, targeting both high-level "tigers" and low-level "flies".
Earlier probes have mainly focused on government officials, but the 21st Century Business Herald reported that "the anti-graft storm is going to sweep over the financial sector".
China s oil industry was also embroiled in a corruption scandal over the past two years, leading to the downfall of Jiang Jiemin, former chairman of state-owned oil giant China National Petroleum Corporation (CNPC).
