However, if it is an online lending institution such as usury, it is definitely illegal for banks to lend directly without making an assessment.
Legal basis: China People's Bank Law of the People's Republic of China.
Article 1 This Law is formulated for the purpose of establishing the position and responsibilities of the People's Bank of China, ensuring the correct formulation and implementation of the national monetary policy, establishing and perfecting the macro-control system of the central bank, and strengthening the supervision and management of the financial industry.
Article 2 The People's Bank of China is the central bank of People's Republic of China (PRC).
The People's Bank of China, under the leadership of the State Council, formulates and implements monetary policies, and supervises and manages the financial industry.
Article 3 The goal of monetary policy is to keep the currency stable, thus promoting economic growth.