Credit business includes the following two types:
The first type: On-balance-sheet credit business, which specifically refers to all kinds of loans and discount business.
Category II: Off-balance-sheet credit business, specifically bank, letter of credit, various commitments and guarantee business. Credit business has two meanings: first, 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.
The second category includes on-balance-sheet businesses such as loans, trade financing, bill financing, financial leasing, overdraft and various advances, as well as off-balance-sheet businesses such as bill acceptance, letter of credit opening, letter of guarantee, standby letter of credit, letter of credit confirmation, bond issuance guarantee, loan guarantee, asset sale with recourse and unused irrevocable loan commitment.
2. What does the credit business include?
Credit business includes the following two types:
The first type: On-balance-sheet credit business, which specifically refers to all kinds of loans and discount business.
Category II: Off-balance-sheet credit business, which specifically refers to the business of opening banks and letters of credit.
Credit business has the following two meanings:
The first type: funds provided by commercial banks directly to customers of non-financial institutions, or guarantees for compensation and payment liabilities that may arise in the course of operation.
Category II: Off-balance-sheet businesses include loans, trade financing, bill financing, financial leasing, overdrafts and various advances, such as letters of credit, letters of guarantee, standby letters of credit, letter of credit confirmation, bond issuance guarantee, loan guarantee, sale of assets with recourse, unused irrevocable loan commitment, etc.
3. What is credit business?
Credit business 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 on-balance-sheet businesses such as loans, trade financing, bill financing, financial leasing, overdraft, advances, bill acceptance, letters of credit, letters of guarantee, standby letters of credit, letter of credit confirmation, bond issuance guarantee, loan guarantee, sale of idle assets with recourse and unused.
4. What does the credit business include?
Credit business includes the following two types:
The first type: On-balance-sheet credit business, which specifically refers to all kinds of loans and discount business.
Type II: Off-balance-sheet credit business, specifically, bank commitments and the opening of letters of credit, as well as various commitments and guarantee businesses. Credit business has two meanings: first, 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.
The second category includes on-balance-sheet businesses such as loans, trade financing, bill financing, financial leasing, overdraft and various advances, as well as off-balance-sheet businesses such as bill acceptance, letter of credit opening, letter of guarantee, standby letter of credit, letter of credit confirmation, bond issuance guarantee, loan guarantee, asset sale with recourse and unused irrevocable loan commitment.