What does the credit business include?

(1) On-balance-sheet credit business, specifically referring to various loans and discount businesses.

(2) Off-balance-sheet credit business, including opening banks, letters of credit, and various types of commitments and guarantees.

Credit business refers to:

(1) Funds directly provided by commercial banks to customers of non-financial institutions, or guarantees for compensation and payment liabilities that may occur to customers in related economic activities,

(2) Including on-balance-sheet businesses such as loans, trade financing, bill financing, financial leasing, overdraft and various advances, as well as off-balance-sheet businesses such as bill acceptance, letter of credit opening, letter of guarantee, standby letter of credit, letter of credit confirmation, bond issuance guarantee, loan guarantee, asset sale with recourse, and unused irrevocable loan commitment.