What are the ways to grant credit

I. What kinds of credit granting methods

1. The credit granting methods are divided into:

(1) basic credit granting, which refers to the credit limit determined by the commercial bank according to the national credit policy and the basic situation of each region and customer;

(2) special credit granting, which refers to the credit granted by the commercial bank according to the national policy, the change of market situation and the customer's special need for special financing projects and exceeding the basic credit limit. projects and credit granted in excess of the basic credit limit.

2, the legal basis: "Chinese people *** and the State Commercial Bank Law" Article 35

Commercial bank loans, should be the borrower's borrowing purposes, repayment ability, repayment methods and other circumstances to carry out a rigorous examination.

Loans by commercial banks shall be subject to a system of separation of examination and loan and graded approval.

Article 36

In the case of a commercial bank loan, the borrower shall provide a guarantee. Commercial banks shall strictly examine the repayment ability of the guarantor, the ownership and value of the collateral and pledge, and the feasibility of realizing the mortgage and pledge.

After the commercial bank review, assessment, confirmed that the borrower's creditworthiness, can repay the loan, can not provide security.

Two, what should be included in the letter of credit

The letter of credit should include the following:

1, the full name of the grantor;

2, the full name of the recipient;

3, the type and period of credit;

4, the provisions of the restriction of excessive credit and other content that the grantor believes that it is necessary to provide.