Chief financial officer: 27 sources told reporters, because of the credit limit is exhausted, a large state-owned commercial banks all branches have received notice of the head office, requirements from 28 onwards to stop all the remainder of January new credit. While the number of banks said, the only group of credit, has stopped instalment loans.Http://sinaurl.cn/hGMDUT

What is called the credit?

Say simply, is the bank can lend you the highest amount of money!

Specific:

Credit refers to the bank in a certain amount and period of time, to the borrower can use the cycle of credit, which is characterized by:

1, a credit, recycling, with also. A credit, at the appointed time and quota with borrow with it;

2, documentation loans, simple procedures. The borrower credit contract basis for the credit business, banks no longer re credit investigation, examination and approval;

3, if the amount of the comprehensive credit line, the borrower can get loans from outside, also can apply for credit granting contract acceptance, international settlement and financing business.

Credit, refers to the bank directly to provide financial support to customers, or to the customer in the relevant economic activities of credit to the third party guarantee behavior.

In addition

Credit can be divided into table and table two credit credit.

Table credit includes loans, project financing, trade financing, discount, overdraft, factoring, lending and repo;

Off balance sheet credit includes loan commitment, guarantee, letter of credit, acceptance etc..

According to the duration of creditDivided into short-term and long-term credit credit.

Short term credit refers to one year (including one year) and long-term credit, credit refers to one year above loan.

What is the bank credit granting process?

Credit from the flow can be divided into four stages, namely, the implementation of credit rating to the customer, to determine the overall credit limit and credit mode, to the customer according to the customer request in the total amount of credit in the implementation of customer letter by letter, tracking and inspection.



Assume that a enterprise to apply for loans in the bank, then the whole process is such:


1, before the bank to the enterprise basic data collection, and through the investigation of basic situation of enterprises (financial holdings commercial square, management status, including the business, bank credit status, credit status, status) were evaluated, also called customer evaluation. Magazine is usually a result of AAA, AA, A and lower etc..




2, if the customer evaluation in line with the requirements of banks access, then the next step is to evaluate the enterprise actual loan demand project, see the project is consistent with the entry requirements (demand if it is reasonable to consider funding liquidity, etc.), according to the actual capital demand and demand variety, the customer evaluation according to the customer made earlier approved credit amount. Note that the credit amount is a sub species, namely fixed asset loan amount how many, how much liquidity loans, bank acceptance limits the number and so on.
The general enterprise is a sub species in the bank credit, there may be only one species, there may be a variety of credit.

3, the maximum credit amount only in loans the bank loan enterprise, i.e. any point on the loans shall not exceed the total amount of credit granted. And credit is not the total representative can use the loan, if you want to support loans but also within the limits for loans to support application.
Therefore, we can know, some enterprises to go through three procedures apply for bank loans, a customer evaluation, namely the top corporate credit rating; two is the credit, namely give enterprises the greatest credit amount; three is the loan payments. After the three processes can really get the loan funds.


In general, between the bank credit, namely the questions mentioned in the A bank credit is in bank B, refers to the A bank in B bank for discount credit limit, i.e. B bank acceptance and discounting bank acceptance bills of exchange, the highest balance for A bank acceptance bill discounting should not exceed line of credit.