1. Credit refers to the funds directly provided by commercial banks to customers of non-financial institutions, or the guarantee of compensation and payment liabilities that may occur to customers in related economic activities, including loans, trade financing, bill financing, financial leasing, overdraft, advances, bill acceptance and other on-balance-sheet businesses, letters of credit, letters of guarantee, standby letters of credit, letter of credit confirmation, bond issuance guarantee, loan guarantee, sale of recourse assets, and failure to do so. Simply put, credit extension refers to the behavior that banks directly provide financial support to customers or guarantee customers' credit in related economic activities to third parties. Credit is divided into short-term credit and medium-and long-term credit according to the term. Short-term credit refers to credit within one year (including one year), and medium-and long-term credit refers to credit for more than one year.
Second, commercial banks should follow the following principles in granting credit to the service areas under the jurisdiction of their business functional departments and branches and their customers: (1) Differentiate credit according to the economic development level, economic and financial management ability, occupation and use of credit funds, financial risk status and other factors in different regions. (2) Different credit lines should be determined according to the management level of different customers, asset-liability ratio, loan repayment ability and other factors. (3) Adjust the credit lines of various regions and customers in a timely manner according to the changes of financial risks and customer credit in various regions. (4) Within the determined credit line, the amount of each loan and the actual total loan amount are specifically determined according to the actual capital demand, repayment ability, credit policy and the ability of banks to provide loans of local and customers. The credit line is not the planned loan line or the allocated loan scale, but the internal control loan line implemented by commercial banks to control regional and customer risks.
Three. Credit decision-making of commercial banks should be made within the scope of written authorization, and credit shall not be granted beyond its authority. The credit decision of commercial banks should be based on the prescribed procedures, and credit should not be issued in violation of the procedures or by reducing the procedures. ? In the process of credit decision-making, commercial banks should strictly require credit staff to follow the principles of objectivity and fairness and independently express their decision-making opinions without interference from any external factors. Commercial banks may not extend credit to enterprises for the following purposes: 1. Products or projects explicitly prohibited by the state; 2. Engaging in equity investment in violation of relevant state regulations, using credit as registered capital, verifying registered capital and increasing capital and shares; 3. In violation of relevant state regulations, engaging in investment in stocks, futures and financial derivatives; 4 other projects in violation of national laws, regulations and policies. If the customer fails to obtain one of the following valid approval documents according to the national regulations, or if he has obtained them, he has broken them into parts, overstepped his authority, overstepped his authority in disguised form or overstepped his authority for examination and approval, the commercial bank will not grant credit: 1 Project approval documents; 2. Approval documents for environmental protection; 3. Land approval documents; 4. Other approval documents required by the state. ? If the credit conditions change after a commercial bank makes a credit decision, the commercial bank shall make a new decision or change the credit according to the relevant laws and regulations or the corresponding contract terms. Commercial banks should follow the principle of "implementing conditions first, then implementing credit" when implementing conditional credit. Credit conditions have not been implemented or conditions have changed and no new decision has been made, and credit may not be implemented. Commercial banks should make corresponding legal documents for the proposed credit, and review the legality and compliance of the legal documents. For the main terms of legal documents, please refer to the "Tips for Main Terms of Standard Contract Text" in the annex. Commercial banks should pay attention to the legality of loan contracts when granting credit. Before signing the loan contract, the credit granting staff authorized to sign the loan contract shall examine the loan contract item by item, and confirm the accurate legal name of the customer, the authorization certificate of the authorized signatory on behalf of the customer, the identity of the signatory and the legality of the credit granting legal documents signed.