Credit Business
1. Comprehensive credit granting
In this business, the Bank verifies and approves credit lines for applying enterprises (government affiliated institutions) or other organizations permitted by the state to be borrowers, and provides them with credit within such lines. This business covers loans, bank note acceptance, discounts, letters of credit, etc.
2. Current fund loan
This loan, in both local and foreign currencies, is to be granted by the Bank to applying enterprises (government affiliated institutions) or other organizations permitted by the state to be borrowers, for daily production and operation.
3. Fixed asset loan
This loan, in renminbi, is to be granted by the Bank to applying enterprises (government affiliated institutions) or other organizations permitted by the state to be borrowers, for their investment in fixed assets projects. Fixed assets projects include capital construction, technological transformation, real estate development and other fixed projects.
4. Real estate development loan
This loan is to be granted to applying real estate developers for their real estate project development.
5. Letter of commitment for loan
This product is an agreement signed by the Bank promising to grant loans to borrowers according to agreed conditions within a specific period of time or by a certain time. In this off-balance-sheet credit service, the Bank commits to offer direct credit by a certain future time, and reserves the right to charge clients the commitment fee.
6. Mortgage loan for legal persons
This is a commercial housing mortgage loan for legal person clients, granted by the Bank to borrowers, for them to buy business occupancy, offices, general plants, etc., for self office work, production or operation. For this loan, properties they buy with such loan are held as a guarantee, and the principal and interest should be repaid by installments within the loan term.
7. Operating property mortgage loan
The Bank grants the operating property mortgage loan to legal persons of operating properties and holds their properties as a guarantee. The loan is repaid with operating revenue from the operating properties, etc. Operating properties are commercial premises and office buildings completed, accepted and put into commercial operation, enjoying adequate operating cash flow, good comprehensive income and stable repayment funds, including commercial buildings, star hotels, business complexes (such as shopping plazas and departments) and other commercial premises;
8. M&A loan
The M&A loan is granted by the Bank to the acquirers or their subsidiaries for paying M&A prices and costs in M&A transactions. The loan is paid with cash flow generated by the enterprises merged, comprehensive income of the acquirers or other legal income.
9. Financing letter of guarantee
In this business, an off-balance-sheet credit granting business, the Bank, at the request of the applicants, guarantees the repayment by the applicants to the beneficiaries upon they entering into financing business agreements. This business applies to RMB letter of credit business where both the applicants and the beneficiaries are domestic enterprises (government affiliated institutions) or financial peers with the established interbank business relationship with the Bank.
10. Syndicated loan
It's the local and foreign currency loan or credit-granting service provided by two or more banks to borrowers according to the same loan terms and loan agreements, by the agreed time and in agreed proportion and via the agent bank.