(1) The customer must meet the basic conditions and requirements of the General Principles of Loans and the credit management policy of China Bank for borrowers;
(2) The customer must pass the internal rating of the bank or the credit rating of the recognized rating agency, and pass the bank access approval;
(3) customers must be large and medium-sized manufacturing enterprises, import and export enterprises, commercial enterprises or joint ventures, with good operating and financial conditions, and their industries have good development prospects and competitive advantages;
(4) The customer has established a stable cooperative relationship with Bank of China, with a good historical record, especially the key support targets of branches of Bank of China at all levels;
(5) The operating characteristics of customer business are consistent with the operating mode of credit line, and the business progress can be fully and effectively supervised by the bank.
(6) The customer guarantee method meets our requirements.
The above contents are for your reference. Please refer to the actual business regulations.
How do enterprises do bank credit?
Treatment process
1. At the business initiation stage, the account manager of the company's business department accepts the customer's credit line application and conducts credit investigation. At this stage, the business department of the company will implement the following procedures:
(1) Conduct customer qualification examination according to bank customer rating and access standards.
(2) Collect basic customer data and information, including credit line approval, annual inspection business license, loan certificate, financial statements in recent three years, etc.
(3) Collect the guarantor's business license, financial statements for the last three years, list of mortgaged (pledged) goods, value evaluation documents, proof documents of property ownership, and capital verification report of the applicant on mortgaged (pledged) goods.
(4) Drafting a credit agreement. If the borrower (or guarantor, mortgagor or pledger) is a foreign-invested enterprise or a joint-stock enterprise, it shall issue a resolution of the board of directors (signed by a quorum of board members) and a power of attorney with relevant contents.
(5) Prepare the credit line review report.
2. After the credit line review report in the implementation stage is approved by the Risk Management Department or corresponding procedures, the credit line will enter the implementation stage.
Bank credit refers to the bank's credit to the buyer and seller or one of them, which usually means that the bank promises to pay the payment under certain conditions. The bank's credit business is that the bank assumes the responsibility of payment. Bank credit business is usually carried out under the circumstances that the two parties do not understand and trust each other, or the foreign exchange control in the buyer's country is strict or the political situation is seriously unstable. Its purpose is to make up for the shortage of commercial credit with bank credit and promote the smooth progress of trade activities.
Chinese name: bank credit
Donation: funds
Belong to: commercial banks
Target: customers of non-financial institutions
What do you mean by company credit?
Credit refers to the funds directly provided by commercial banks to customers of non-financial institutions, or the guarantee of compensation and payment responsibilities that may occur to customers in related economic activities.
1. Different credit lines should be determined according to the management level of different customers, asset-liability ratio, loan repayment ability and other factors.
2. Within the determined credit line, the amount of each loan and the actual total amount of the loan shall be specifically determined according to the actual capital needs of local and customers, repayment ability, credit policy and the ability of banks to provide loans.
Extended data:
1. 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.
2. Credit refers to various credit business activities of commercial banks, such as customer survey, business acceptance, analysis and evaluation, credit decision-making and execution, post-credit management, and problem credit management.
3. Commercial banks should follow the principle of "implementing conditions first, then implementing credit" when implementing conditional credit. If the credit conditions have not been implemented or the conditions have changed and a new decision has not been made, credit may not be implemented.
4. Credit cannot be equated with loans, and credit is a general concept of risk control. Loans are loans issued by banks or other credit institutions to borrowers, which must be repaid and interest paid within a certain period of time.