Is it correct that commercial banks should implement unified credit management, improve customer credit risk identification and monitoring system, and improve credit decision-making and approval mecha

Is it correct that commercial banks should implement unified credit management, improve customer credit risk identification and monitoring system, and improve credit decision-making and approval mechanism? Correct

Commercial banks' internal control of credit is focused on the implementation of unified credit management, a sound system for identifying and monitoring customer credit risk, and improving the credit decision-making and approval mechanism to prevent the high concentration of credit risk on a single customer, related enterprise customers and group customers, prevent the issuance of loans to related persons and loans to people in violation of credit principles, and prevent the illegal use of credit funds.