Strict. The loan approval meeting of Rizhao Bank will comprehensively consider the authenticity of the submitted materials, the credit status of the borrower and the value of the collateral. For customers with poor credit standing or loan applications that do not meet the loan conditions, the examination and approval conditions are numerous and strict. Rizhao Bank, formerly known as Rizhao City Commercial Bank, was established on February 28th, 2000. It is a joint-stock commercial bank with independent legal personality, which consists of state-owned shares, legal person shares and natural person shares.