What business does credit in the broad sense include

What business is included in credit in the broad sense? The relevant content is as follows:

1. Loan business:

Loan refers to the financial institutions to provide customers with a certain amount of money, duration and interest rate, the customer according to the agreed period and way to repay the principal and interest. Loan business includes personal loans (such as personal consumption loans, housing loans, etc.) and corporate loans (such as business operating loans, investment loans, etc.).

2. Credit card business:

Credit card is a convenient financial tool, the cardholder can spend within the credit limit at any time, and repay the loan within a certain period after the repayment date according to the contract. Credit card business is widely used in the field of personal consumption.

3. Bill discounting business:

Financial institutions can provide customers with bill discounting services, i.e., paying in advance the face value of the commercial paper held by the customer, and then paying to the financial institution by the acceptor of the paper when the paper is due.

4. Letter of Guarantee Business:

Letter of Guarantee is a kind of guarantee certificate, which is issued by the bank for the customer to the third party to promise to pay a certain amount of money under specific conditions. Letters of guarantee are widely used in the fields of international trade and engineering construction to guarantee the rights and interests of both parties to a transaction.

5. Guarantee business:

Financial institutions can provide guarantee services for customers, assume certain guarantee responsibilities, and help customers obtain loans or complete transactions. Guarantee business usually includes credit guarantee, mortgage guarantee, pledge guarantee and other forms.

6. Leasing business:

Financial institutions can provide various types of leasing services, including financial leasing, equipment leasing, etc., to help customers obtain the equipment or funds they need, and pay the rent on schedule.

7. Foreign exchange business:

Financial institutions can provide foreign exchange, foreign exchange trading, foreign exchange forward transactions and other services to meet customers' cross-border trade and investment needs.

8. Insurance business:

Although insurance business is not a traditional credit business, insurance companies also belong to the category of financial institutions. Insurance business includes life insurance, property insurance, health insurance, etc., which provides risk protection to customers.